Potential Perils of UK Travel Insurance
When you plan a trip for business or pleasure, you might want to think
about getting a travel insurance policy, especially if you will be going
overseas. They key is to find a plan that suits your needs and is
affordable at the same time.
You will discover that travel insurance policies come with a wide range of
choices, and there are many plans available that you can customize to meet
your specific requirements. In addition, most of them provide coverage
from ten days to two years.
The coverage that most travel insurance companies offer includes
protection from the theft or loss of personal belongings or luggage,
medical expenses, emergency evacuations, and protection from the acts of
terrorists. Policies are also available to cover policyholders if they
plan on participating in activities that can be regarded as dangerous,
including skydiving or mountain climbing, and they have lower age limits
than the standard travel insurance plans.
The three many categories of travel insurance are single-trip, annual
multi-trip, and specialised plans. The third type is designed to meet the
needs of certain travellers who are going on a specific kind of trip, such
as purchasing ski travel insurance before you leave for a ski holiday.
Other factors that will influence your choice of a plan will include
whether you will travel as a family or in a group, your age, and whether
you are taking the trip for business or pleasure.
The expense of travel insurance
Because the cost of a policy is both subject to regulations and
predetermined, pricing between insurance companies is generally
consistent. As a consumer, you will want to understand clearly what your
coverage includes, and you should also read the exclusions, limitations,
and eligibility requirements that are found in the policy brochure, Then,
if something unexpected happens while you are away from home, you will
know exactly what you can expect from your insurance plan.
Reasons for buying travel insurance
Medical coverage is a major reason for buying travel insurance because, as
a rule, you will discover that your health insurance policy will not apply
outside of the UK. Note that medical treatment and transportation can be
costly for a foreign visitor, especially if you are in a remote location
and have to be evacuated for the emergency medical treatment you need.
Another advantage of having such a policy is that you will be covered
financially if you have to cancel a trip or flight when something
unexpected happens, including an illness or death. If you have no travel
insurance, you cannot be certain that you will receive any kind of refund,
much less total reimbursement for your travel expenses.
When your policy does not apply
An exclusion is anything your policy does not cover, and this is explained
in detail in your policy booklet, which you should read carefully since
every plan has its limitations. Such restrictions usually include damage,
injury, or loss from a large-scale, exceptional event—including radiation,
an enemy invasion, war, and the pressure waves that supersonic aircraft
Your policy may also exclude self-inflicted illness, injury, or suicide;
participation in certain dangerous sports; your violation of the law;
travel to a location that the World Health Organisation (WHO) has advised
you not to visit; and “loss of enjoyment.” You also may not be covered if
you have a medical condition that could lead to a claim, if your physician
has warned you not to travel, or if the purpose of your trip abroad is to
receive medical treatment.
If you are over the age of 65, some companies may not be willing to sell
you travel insurance unless you take out a special policy intended for
your age group. (One exception is that many single-trip policies now have
no age limit.) Also, some companies may not insure you if once had, or are
currently suffering from, cancer or some other serious pre-existing
medical condition. If they are willing to insure you, they may include a
cancer-related exclusion in your policy, indicating that you are not
covered for any claim related to that condition. There are of course
specialist insurers that arrange cover for people in these categories.