Many of us have small holiday budgets, and some holidaymakers spend a lot of time searching for the cheapest package deal. We also compare travel insurance to find the best deal, but sometimes the cheapest travel insurance policies aren't always the best, particularly if you have a pre existing medical condition or you are over 65.
Any holiday abroad should be accompanied by comprehensive medical travel insurance, which can cover medical fees that might otherwise cost thousands of pounds. Travel insurance can also cover the cost of lost baggage, cancellation, curtailment and travel delay.
When looking for travel cover, Britons often compare travel insurance policies and buy the cheapest to keep costs down. But if you have a pre-existing medical condition or you are over 65 you need to look beyond the price and choose the right level of travel insurance cover to meet your needs. And depending on the type of holiday you are taking, you may need to add extra cover to your standard policy.
So what do you need to bear in mind when you compare travel insurance?
Travel insurance for pre existing medical conditions
If you have a pre existing medical condition, make sure you declare it when you compare travel insurance prices, otherwise you won't be covered if you fall ill abroad as a result of your condition.
Look at the benefits and levels of cover, in particular: Medical & Repatriation
Medical expenses and repatriation is often considered the most important part of your travel insurance policy. When comparing cover, look for at least £5,000,000 medical and repatriation cover
Baggage and personal possessions
Consider what you will be taking on holiday with you and its value and compare that to the level of cover provided on each travel insurance policy. Don't forget to look at any single article limits or any exclusions. For example, some policies may exclude mobile phones, while others will include them. Do you already have cover under your contents insurance? If you do, you can opt for a lower level of cover or exclude it completely.
Think about the cost of your holiday and how that compares to the level of cancellation cover offered by the travel insurance policy. If your holiday cost £2000 per person, you need to make sure that you have that level of cover. On the other hand if it only cost £500 per person, you may be able to save some money by opting for a policy with a lower level of cover.
Think about what you are going to be doing on holiday Sports and activities
Check that you are covered for any sports or activities that you plan to take part in, such as paragliding, kayaking, scuba diving etc. You may need to add additional cover for certain hazardous activities, so it's important to check before you buy.
Winter sports holidays
If you are going skiing or snowboarding, you'll need to add winter sports cover. Again, it costs a little extra, but that's because you will be taking part in a high risk activity.
Cover for cruises might need to be added as an extension. Cruise cover might cost a little more because if you fall ill you might need to be airlifted to hospital.
Annual travel insurance
When you compare travel insurance cover and prices, consider buying an annual policy. Buying annual travel insurance can save you money if you travel regularly, but you'll need to make sure that it will cover all of the different types of holidays you will be taking.
Some money saving tips for buying travel insurance
When you compare travel insurance cover consider the ways that you can reduce the cost of your travel insurance without sacrificing essential aspects of your policy.
Remove cancellation cover
If you have booked a last minute holiday, it's unlikely that you'll need to cancel your trip so you could remove cancellation cover from your policy.
Remove baggage cover
You can save money and reduce the cost of medical travel insurance by removing baggage cover. You should remove baggage cover only if it is covered on your home contents insurance.
Buy annual travel insurance
If you plan to travel several times a year, consider buying annual travel insurance. It could be cheaper than buying single trip policies each time you travel.
Compare travel insurance policies
Compare travel insurance policies on a price comparison site such as MedicalTravelCompared.co.uk to help you find a medical travel insurance policy that provides the right level of cover to meet your needs.