How to check if you already have travel insurance
Before rushing out and taking out a travel insurance policy, it could be worth checking whether you already have one. It just might be that you are in actual fact already covered.
Let us talk you through the ways you might have existing cover through a package you have previously bought for something else. If it saves you paying for two policies, without realising it, then it can only mean a good start to your holiday.
Do I have travel insurance already?
It would be hugely helpful to millions of people travelling abroad each year if they checked firstly whether they already have travel insurance. If everyone going on holiday did this first, it would prevent them from effectively having two concurrent policies.
And, if you’re wondering where you might have a hidden insurance policy already, your first port of call should be your bank account.
Bank accounts with free travel insurance
Some current bank accounts come with packaged benefits, one of which is travel insurance. You may already have one that your bank told you about when you opened your account, but that you could have forgotten about. In order to find out whether you do have one – and whether it is valid, here is what you need to do.
First of all, try to find any of your account documentation. It should outline in there exactly what is included in your account, and if you do have travel insurance, then what it specifically covers. If you’re unsure, then you should get in touch with your bank and find out as much information as possible about the ways in which your cover will protect you.
Do I already have an annual travel insurance policy?
Quite often when people come to book a holiday, they automatically go to buy an annual travel insurance policy too. It’s the next thing on the list that people think of on their to-do list, however it could be the fact that they do already have cover within an annual policy.
Many people purchase this at the start of the year and then simply forget that they have taken it out. So, when they book a holiday, they can accidentally almost purchase two policies.
Is my existing travel insurance enough?
Just because you already have an existing policy doesn’t necessarily mean that it will provide you with enough protection for every trip. For example, if you going on a winter sports trip or a cruise, then you might not be covered under your current policy.
It is always worth having a little read over the terms and conditions and speaking with an advisor, as it always best to be safe than sorry.
Furthermore, if you suffer from any pre-existing medical conditions, it is worth knowing that you could need a specialist insurance policy to make sure you’re covered.
To find out whether any existing policy you have is enough, or to take out a travel insurance policy today, get in touch and we can provide you with a quick quote.Compare Quotes Now