Getting insured is
the best protection that you can give yourself while travelling. Travel
insurance prices vary depending on the type of insurance coverage you require.
It generally depends upon factors like place of travel, number of people,
baggage, and health issues while traveling etc. If you are traveling abroad,
you may consider getting travel insurance and should be aware about what you
will need to cover, such as medical, baggage, cancelled flights or emergency
landings.
While we often wish
to cut-down the additional costs while travelling, the article gives you few
tips to get the cheap travel insurance
while buying a suitable travel policy.
•Don’t just assume lump-sum amount for planning
your travel policy. After all every penny matters and needs to be saved
wherever possible. So, plan your insurance policy realistically, and think
about the amount of coverage you will require. Many travel insurance companies
will try to cover you for an unnecessary amount of money, so try to lower your
amount of coverage to a realistic amount to save more money.
•Consider looking into customized travel insurance
policies if you are traveling as a family, are over 65 years old or you have a
pre-existing medical condition. Family travel insurance is always cheaper
compared to buying insurance for each individual. If you are over 65 years old,
you could also be eligible for discount. A better way to buy cheap
travel insurance.
•Precaution is better than cure, it’s always
better to read the fine prints and know exactly what your policy covers and the
amount of your coverage. Make sure that you are not paying for anything that
you do not need or want.
•Whenever you’re in a situation to take any
crucial decision while abroad it’s better to contact your travel insurance
company and check if it’s not incurring unnecessary charges and affecting your
policy. Before you seek medical attention in another country, cancel any part
of your trip or pay medical bills, speak with your travel insurance company.
•Keep all your travel insurance documents in a
safe place and have them in a convenient place when you are traveling so that
you can refer to them at any moment. If possible have a copy of each in your
online account.
•File the necessary claims as soon as possible
along with all the relevant documents, so that you can be reimbursed quickly.
•Online research is the best way to get cheap travel insurance.
Do ample research and find out what kind of insurance you will need and the
amount of coverage you need. Travel insurance will generally cover
cancellations, lost baggage and medical expenses, so decide if it is in your
best interest to get insurance and how much.
•Try and speak to few different travel agents to
get a quote on what they will charge you for travel insurance, and then do your
own research using the internet to see if there are incurring any extra costs.
There are many websites that offer travel insurance, and there are even
websites that will compare quotes from various companies to help you find the
best deal.
•Decide whether you will need annual or
single-trip travel insurance. Annual insurance is definitely one of the ways to
cut down the additional costs. If you plan on traveling overseas often in a
year, you may consider annual travel insurance because you may get cheap travel
insurance deals.
[Source: https://cheaptravelinsuranceindia.wordpress.com/2015/08/26/how-to-save-your-money-while-travelling-abroad/]
Many travel insurance companies often offer discounts on some of their policies. Find out about such offers, if any, and enquire how you can avail the same to get a cheap travel insurance policy. For eg. Some companies offer discounts and waivers for buying before particular date or with certain credit/debit card, or avail some bonus points etc.
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