Navigation Menu+

Best business Travel insurance UK

Travel insurance: 10 tips on finding the best deals

A plane takes off from Heathrow airport, UK, against a sunset background

1. Never buy from a travel agent, tour operator or airline

This will almost certainly cost you more.

2. Decide on the cover you need before finding deals on comparison sites

Taking your iPad with you on holiday? That £10 cheapo one-week cover is useless when you realise it has a £250 excess and a single item limit of £150, so it won't cough up. Which? recommends travel policies should cover medical expenses of at least £2m (Europe) or £5m (worldwide); at least £3, 000 for cancellation; and at least £1, 500 for baggage and belongings cover.

3. Be sensible about the excess

That is the amount that you, the policyholder, has to pay towards any claim. If, for example, you claim for £600, and the excess is £150, the insurer pays out £450. If you set the excess high, the policy will be cheaper, but may not be worth having.

Moneysupermarket.com, warns some policies charge an excess "per benefit section". "For example, if you were mugged, you could be charged £75 excess on the medical costs plus a £50 excess for loss of personal effects. Other policies charge just one excess per claim, which can work out much cheaper, " it says.

travel insurance tableHome policies often include insurance for personal possessions when away from home, so you can opt out of having baggage cover and save money. You may also have a credit card or current account that includes travel insurance but check that the cover is sufficient for your needs – such "free" insurance can sometimes be very basic.

5. Choose annual cover if you travel more than three times a year

According to Moneysavingexpert.com, if you travel three times or more a year (or twice or more if one trip is to the US) then getting an annual policy that covers the entire year's travel for one fee is likely to cost you less than buying separate single-trip policies. But note that annual policies won't cover backpackers on extended trips: they usually cover trips up to a maximum of 31 days.

6. Egypt is in Europe, but the US is not in the world

You don't need to buy a worldwide policy for much of north Africa: as Egypt, Morocco and Turkey come under Europe in most deals. But watch out, some "worldwide" policies exclude the US and Canada.

Related Posts