If you’ve worked hard throughout the year, you’ll probably be ready for a well-earned holiday. However, it is also quite possible you may have a fairly restricted budget. After booking flights and accommodation you may not have very much left for single trip travel insurance. It might even be tempting to jet off for your chosen holiday destination without the assurance of comprehensive cover – but that is very ill advised. Adopt the money saving strategies outlined in this article so the pain of getting cover is reduced.
Do Some Online Research
If you book your holiday at a local travel agency, you will probably be offered the option of adding cover. However, you should bear in mind these agencies will have established business relationships with mainstream providers and may be unlikely to give you a complete picture of your options. Of course you are under no obligation to accept the first policy offered, so it would be far more sensible to conduct online searches and visit the price comparison websites. You may well discover an outstanding single trip travel insurance deal.
Take Advantage of Discounts
You will find some companies willing to offer discounts to loyal customers. It is also worth pointing out there are some websites specialising in the provision of discount codes. You should register for the regular emails just in case there are any special deals on single trip travel insurance you can snap up.
Tailor the Policy to Your Requirements
Some providers will enable you to remove any cover that is definitely not required. So if you’ve booked a last minute flight you will have the option of doing without cancellation cover, for example. If you’re planning on spending the entirety of your holiday beside the swimming pool you might not need cover for dangerous activities, and so on.
Consider the Amount of Excess
You’ll find the cheapest single trip travel insurance policies have a particularly high level of excess. If you opt for these policies you will have very limited financial protection in the event of unexpected incidents and you may have to contribute a considerable amount towards the cost of medical bills or repatriation. However, if you obtain a policy with minimal excess, the insurer will have to provide most of the money.
Don’t Base the Buying Decision on Price Alone
If you are particularly short of money you might be tempted to opt for the cheapest policy available. However, you’d be better advised to take your time and choose a policy provider with a positive reputation. You should read the small print and ensure you have adequate financial protection. Ask for a second opinion if you have any worries or doubts about a particular policy.