Understanding Travel Insurance Terms

Travel Tips & Tricks
Avator By Jonathan Owen
Marketing Manager
Published 7th July 2023
Last modified 2nd August 2023
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Travel insurance provides valuable protection for individuals embarking on trips, ensuring peace of mind in the face of unexpected events and emergencies. Before purchasing travel insurance, it is crucial to consider various factors, such as pre-existing medical conditions, the type of trip, and the desired level of coverage.

Pre-Existing Medical Condition

A pre-existing medical condition travel refers to any illness, disability, or injury that you already have when you apply for travel insurance. This includes both existing and past conditions like cancer or high blood pressure. It is important to disclose these conditions when purchasing travel insurance and understand how they may affect your coverage, including potential exclusions or waiting periods. Consulting with the insurance provider or a professional can help you find the right travel insurance for your needs. Be sure to read the questions about declaring your pre-existing conditions carefully, as each insurer may have different questions.

Single Trip 

Single Trip cover for travel insurance is designed to provide comprehensive protection for a specific trip from the moment you book until you return home. It is perfect for infrequent travelers, offering coverage like flight delays and medical expenses. With this one-time cover, you can enjoy your dream holiday with peace of mind.

Annual Multi-Trip

Annual Multi-Trip cover is travel insurance that provides the same type of coverage as single-trip insurance but for multiple trips over a year. It saves you money and hassle by covering all your trips. You can choose coverage for Europe, worldwide, or worldwide excluding the USA. Having one policy simplifies things if you have fixed plans or book spontaneously. Managing claims is easy, and keeping emergency contact handy is important. Overall, it offers convenience, cost savings, and comprehensive protection for frequent travellers.

Levels of cover 

Some insurers provide different levels of coverage to cater to the diverse needs and preferences of travellers. These varying levels of coverage typically range from basic to comprehensive options. The choice of coverage depends on factors such as the destination, the duration of the trip, the activities planned, and the level of protection desired by the traveller.

Basic coverage generally includes essential benefits such as trip cancellation or interruption, baggage loss or delay, and emergency medical expenses. This level of coverage offers fundamental protection while keeping the premium cost relatively low.

On the other hand, comprehensive coverage provides a wider range of benefits and higher coverage limits. In addition to the basic features, it may include additional benefits like trip delay, travel accident coverage, and even optional add-ons such as cruise and gadget protection. Comprehensive plans are suitable for travellers who want extensive security and peace of mind throughout their journey.

It’s essential to carefully review and compare the coverage options offered by different insurers to determine the level of protection that best suits your travel needs. Consider factors such as the specific benefits, coverage limits, deductibles, exclusions, and any pre-existing conditions clauses. By understanding your requirements and assessing the risks involved in your trip, you can make an informed decision when choosing the appropriate level of travel insurance coverage.

Pre-paid charges

Pre-paid charges shall mean charges you have paid before you travel, or are contracted to pay for, including but not limited to the following: car hire, car parking, airport accommodation, airport lounge access, kennel and cattery fees, excursions and (where the appropriate winter sports premium has been paid) ski school fees, lift passes and hired ski equipment. 

Having comprehensive travel insurance can provide invaluable support and financial protection in unforeseen circumstances during a trip. By carefully considering personal needs, pre-existing medical conditions, and the desired level of coverage, travelers can embark on their journeys with confidence, knowing they are adequately protected.