Travel Insurance – don’t go without it!

Nearly half of British travellers will fail to take out insurance, according to Opinion Research. The survey reveals that one in twelve British holidaymakers never take out travel insurance, while one in 20 would not cover themselves for a European break. Almost half of those respondents would not insure themselves for a holiday in the UK, despite the fact that from 1st April, travellers to the Channel Islands will need to pay for any medical treatment if they fall ill or are injured while there. Adequate travel insurance is a must, read on to find out why…

Cancellation
If you arrange your insurance cover as soon as you book your holiday, you will be immediately protected should you need to cancel your trip. Without holiday insurance you will more than likely lose your booking deposit or worse still, be liable for the full cost of your holiday. Sudden cancellations or change in travel plans can occur due to medical or other emergencies. Your policy may cover you in certain circumstances when you have to cancel your trip and have incurred cancellation charges. So if you unexpectedly have an accident or illness just before you are due to travel, your travel insurance may well be able to cover the cancellation costs of your holiday.

Medical cover
If the inevitable happens and you fall ill or have an accident abroad, and you don’t have holiday insurance you could be paying a heavy price. Medical treatment can cost thousands of pounds particularly in countries such as the USA. The Association of British Insurers (ABI) says it costs a staggering £35,000 for an air ambulance from the east coast of America back to the UK, and between £12,000 and £16,000 from the Canary Islands.* Protection for your medical expenses abroad is an essential element of insurance cover. In the event of illness or accident, the emergency assistance company on behalf of your insurer will act quickly to arrange treatment, agree hospital or clinic bills and if required handle repatriation back to you UK when appropriate.

*source: The Guardian

Personal possessions
Unfortunately, lost baggage is an all too common occurrence. Cover is available under most policies for loss of personal possessions whilst travelling or abroad. Baggage and Personal items generally have an overall limit and single item/valuables limits within this, so if you are planning to take expensive items check you have adequate cover. Do not rely on compensation from an airline if it loses your luggage as the compensation from your airline is unlikely to cover the full value of your possessions. So adequate travel insurance is the best bet! Check out 24/7 travel insurance for some handy travel tips.

Note: For your valuable items you should check with your household contents insurer that these are covered whilst abroad before you go.

Types of travel insurance
When buying your travel insurance, don’t assume that every policy is the same. Your needs may be different from others, so make sure the policy you buy provides the cover that you require. Read the small print, check the level of cover and ensure you are covered for any activities that you want to undertake. Carry your travel insurance documentation with you on holiday and keep the 24 hour emergency assistance number on you at all times along with your policy number. Have an instant 24/7 travel insurance quote, for just £5.91* 24/7 travel insurance will cover you for a 3-day trip to Europe!

*Premium £5.91 includes Insurance Premium Tax; based on an individual traveller aged under 55 taking out a Standard single-trip policy for 3 days in Europe including personal possessions cover and purchased within 14 days of departure date. Cover details and prices are correct at time of going to press (May 2009) and are subject to change.