Russell Anderson’s Travel Blog

A travel insurance policy is just as important as your passport or travel tickets and without one in place you could end up seriously out of pocket.

A travel insurance policy not only protects your wallet but also helps to ensure that you receive medical treatment abroad if required and as nothing is more important than your health, organising an insurance policy should be top of your to-do list.

Statistics show that fewer insurance policies are being taken out and not just for trips away; home contents, buildings insurance and life cover are decreasing in popularity but as accidents are just as likely to happen, it makes sense to have insurance for all the necessities.

If you are planning a trip away there are still ways to cut the cost of your travel insurance policy but without sacrificing quality or level of cover.

First and foremost, consider which countries you intend to visit before taking out your travel insurance policy. By doing so you can ensure you are not paying for cover you will not actually use as insurance policies vary in the extent of their territorial cover and the related premiums fluctuate accordingly.

If you are travelling within Europe then you only need European cover. It is also possible to obtain country specific policies. If you plan to travel to a few different countries across the globe then worldwide cover is what you require.

You should also make sure the length of your insurance policy covers the whole trip and no longer. There is no point paying for a three month travel insurance policy if you are going away for 30 days so look out for this handy way of shaving some costs off your insurance.

If you are a frequent traveller you could save both time and money by opting for a multi trip travel insurance policy that covers all your trips during a specific period, such as six months or one year.

When it comes to the level of cover required, simply think about what needs to be included in your policy. Travel insurance cover can be chosen for items such as personal possessions and money and for almost every type of trip imaginable from winter sports to adventure activities and weddings to business travel.

Again, if you ensure you only pay for items you take away with you then you could cut any unnecessary costs. Some insurance providers will give you an added discount if you arrange your insurance online and on some policies children are covered for free so keep your eyes peeled for handy offers like this when arranging your travel insurance and you could save a few pounds without even trying.