What you should look for in a travel insurance policy

While many holidaymakers focus on their eventual destination, shopping around for the best deals, searching for the cheapest flights at the most convenient airport and ensuring that they get value on almost all aspects of their holiday, too often holiday insurance is a last minute impulsive buy.

It is important you buy the right travel insurance policy to suit you. Read the terms and conditions of your chosen travel insurance policy wording in detail to ensure you understand what you are covered for. Remember, if you are not satisfied that you have picked the right policy, you should be able to get a full refund within 14 days of purchase, providing you have not travelled or made a claim within that period.

The key details you should consider:

Look for a specific policy that it applies to your situation. If you are a single person travelling abroad for a skiing holiday for example, then you are going to require a very different policy to that of a family travelling abroad for a couple of weeks in the sun. Ensure that your policy relates specifically to your holiday, your circumstances and also any activities, especially those that involve a degree of risk or expensive specialist equipment, which you may be undertaking while away.

It is important also to bear in mind that recent events, such as the problems that have flared up in Egypt and Tunisia, can often have a serious impact on travellers in that region. It is therefore vital to read the small print of any policy and ensure wherever possible that insurance companies will sufficiently compensate any holidaymaker, should their holiday be cut short.

Very many holiday insurance policies will state categorically that they will not pay out in the event of civil or social unrest, categorising this along with other major unforeseeable events, such as natural disasters or war. Given what has occurred in North Africa of late, it makes sense for people considering going to countries where this may be a problem to ensure that their travel insurance covers them should the worst occur.

Another item to look for on any travel insurance policy includes compensation for airport delays. Some policies offer their holders a cash sum as compensation if they are stranded at an airport beyond a stated period.

Finally, if any member of your party is travelling with a known medical condition, it is vital they contact the travel insurance provider to discuss the options available to them.

Not all Travel Insurance policies are the same and it would be wise to investigate the options to ensure that your loved ones and your holiday are properly protected.

It is also important to check out the Foreign & Commonwealth Office (FCO) website www.gov.uk/browse/abroad before you go. It is packed with essential travel advice, tips and up to date country-specific information.

So, remember to pack your holiday insurance!
You can get an instant quote and immediate cover by going online to 24/7 travel insurance. A 3-day break in Spain will cost you only £4.23*

* Premium £4.23 includes Insurance Premium Tax based on an adult aged under 55 taking out a “Standard” Single Trip 24/7 travel insurance policy for 3-days in Europe excluding personal possessions cover and purchased within 14 days of departure date. Cover details and prices are correct at time of going to press (April 2011) and are subject to change.