Holiday season is here, and whether you’ve been planning a trip for the past year, or are jetting off on a last minute break, there are bound to be a few things you have forgotten. Whether it’s renewing your passport, packing your pants, or sorting your transport to the airport, one thing you simply must not forget is travel insurance. This will protect you from all sorts of unexpected medical costs should you fall ill or have an accident whilst traveling. There is no NHS outside of the UK and without insurance, very few people could afford to pay for their treatment.
You will sometimes be expected to pay smaller medical fees upfront whilst traveling and reclaim these at a later date from your insurance provider. Be sure to keep all records and receipts of payments made and supply these at the earliest opportunity to the travel insurance company. It might be easier to pay any costs on a credit card that has low fees for use abroad, have a look around for the best ones and keep this card on you for any emergencies. Before you apply for a credit card it advisable to check credit rating, just click here to see yours.
Larger medical costs while traveling can roll well into the thousands if tests are required, and into the tens of thousands if you need to be transported by air ambulance to a hospital or between hospitals. You can buy travel insurance for just one trip, or as annual cover. If you are planning to go away twice or more in a year, then annual policies usually work out cheaper. You can insure just yourself, yourself and a partner, or your whole family under one policy, so gather quotes and find out which of these is most cost efficient.
Check with your bank if your account has any free travel insurance associated with it, as some will have this as an extra benefit. If you do have travel insurance with your bank account, check to see what terms apply, especially if you are going skiing or taking part in sport whilst away, as this might not be covered.
Always check the terms and conditions on your travel insurance as well as the excess on the policy. Double check any information you give the insurer to make sure it is correct or they will not pay out should you need to claim. Medical care can escalate to a huge sum, and without adequate insurance there are very few people who can afford the bills associated. Be safe, and get covered.
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