What to look for in a travel insurance policy
Here are the main points to look for in a good policy:
Cancellation cover
This is one of the most claimed against parts of a trip. Make sure it covers you for the cost of your flights and any land arrangements. Remember to take into account the cancellation conditions of your flight ticket. Most round the world tickets are 25% non-refundable whereas special offer return flights could be up to 100% non-refundable.
Medical and Emergency Expenses
24 hour phone help plus repatriation is essential.
Hospital Benefit
Hospital bills can mount up quickly in some countries.
Personal Liability
Personal Accident
Luggage and personal belongings
Look for loss and damage, including loss of personal money. Check limit for each item (Usually around £200).
Loss of Passport
Most insurance companies will reimburse costs related to getting to embassies for renewing a passport.
Delayed Luggage
Check how long you need to wait before you can make a claim.
Delayed Departure
Again, check how many hours or days you have to allow before claiming.
Missed Departure
Check conditions.
Adventurous Activities
Which ones are included and how much is the excess?