When we plan a business trip, it is only the dates, and the itinerary of our meetings that we need to bother about, the company’s concerned departments take the rest of a headache. But when we are planning a pleasure trip for our family, every small or big detail of the trip falls on us – dates, destinations, mode of travel, itinerary and hotels, for starters. And once there, we need to fine-tune what we would do and where we would take our meals at, etc. etc. But did you notice the one crucial thing that we left out of this list? That is travel insurance. It is not as costly as several other types of insurance, and it is not even too difficult to procure. But travel insurance is something so important, yet it is something we often totally ignore or leave until the very last moment. Here are a few things you should know about travel insurance.
Destination
The amount of insurance to be taken would depend on the place you are visiting. The healthcare costs are different in different countries, so if you are going to a place where the health costs are low, your premium and the necessary cover would both be lesser.
Period
The premiums will be lower if you are traveling for a lesser number of days. The number of days would, of course, cease to be relevant if you have taken an annual plan instead of taking insurance for each trip separately.
Activities
Several travelers go in for adrenalin pumping and testosterone-charged activities and itineraries during a vacation. A bungee jump, a bare-hand mountain climb, a kayaking trip down the rapids are some of the activities that vacations nowadays include, and if such plans are declared while asking for the insurance quote (as they should), then the premium would go up.
Negotiate
With the growing usage of the internet on mobile phones, it is very easy for anyone to log on to the internet and compare quotes by insurance companies. If you have shortlisted a few based on such comparison, you can then call them up and negotiate further by phone. If you can negotiate good prices, you are sure to get good Harrah’s racetrack results.
Some Commonly Used Terms: When you get down to booking your insurance, there is a possibility that there might be some jargon you are unable to understand, and you might end up making a wrong choice. So, you should have an awareness of the basic terms –
- Sum Assured – the amount of money you would get. Travel insurance usually has different sums insured for different events, like loss of baggage, delay in flight, etc.
- Plan type – the insurance policy could be single trip or multi-trip, and if you are a senior citizen, there would be a separate plan for you
- Exclusions – The conditions or circumstances which would absolve the insurer of any liability.
Awareness of the above is key so that you can take an informed decision and get your travel insured.
Author Bio: Silvia Watson is a freelance content writer. She has written many good and informative articles on different categories such as technology, health, fashion, education, career, travel etc. She is a featured author at various authoritative blogs in the health and fitness industry and currently associated as a blogger with https://www.tvg.com/
