by sanjay bist
Published Wed, Mar 8th 2017, 14:36 | Business
Most people who want travel insurance compare a variety of policies before making their final decision on which one to get. This makes sense and it can mean spending far less than you would do otherwise.
Let’s focus on three of the more popular policies you will find, so you can see which one would be most appropriate for your needs.
Single trip
This, as the name suggests, covers just one trip. If you need this type of travel insurance, compare multiple providers to see how cheap the policy can be. You should find you can get the cover you need quite cheaply, but don’t be tempted to go too low on the price before you check the small print. Look, in particular, at the excesses attached to each policy so you know exactly how good the cover is.
Multi-trip
If you love travelling and you know you will be going abroad again before the year is out, you will undoubtedly be better off looking at multi-trip travel insurance. Compare various providers just as you did for the option above, and make sure they offer the level of cover you need. Some may include various perks as standard, whereas others won’t. Again, check the excesses and take the time to read everything so you can provide a proper comparison to find the best deal. Multi-trip policies are undoubtedly cheaper if you take two or more breaks per year – and don’t forget they will include weekends away as well as holidays.
Family
This is another type of cover that may prove very useful if you have a family. Rather than insuring everyone on a separate form of travel insurance, compare policies that can cover everyone in your party. This is a smart way of getting more cover for less money. Indeed, some insurers will cover the kids for free as part of a policy that only charges a fee for the parents.
It is worth knowing that buying the first thing you see isn’t always the smartest decision. In fact, you could save more cash and get a much better policy by taking your time to find the right deal. Most policies are priced competitively and will provide you with the cover you need, if you know where and how to look for them. If you start searching with no real idea of what you need, the whole process will take a lot longer than it should.
One final tip – don’t assume you will always need the exact same policy you did last time. It depends on the holiday you’re taking, how long you are going for and whether you need cover other people as well. Bear all this in mind and you’ll be well on the way to success.
Patrick Chong is the Managing Director of Insure more. We provide low cost travel insurance and offer a range of policies. When searching for travel insurance, compare the benefits of annual, multi-trip and single-trip insurance. For all your travel cover needs, Insure more can help you in the quickest and most cost-efficient way.
[Source: http://articles.abilogic.com/25569/confusing-issue-travel-insurance-buy.html]