Travel Insurance Basics

What is Travel Insurance?

Travel insurance is designed to protect and cover against the possible risks you may encounter when travelling abroad or otherwise. It is of crucial importance if you are travelling abroad, especially if you are likely to pay for any medical expenses that may arise. Other risks include the loss or theft of possessions, the cost of cancellations or claims made against you.

Why do I need it?

Travel companies and tour operators usually insist on this as a stipulation when purchasing a holiday etc. Generally they don't insist you buy a policy from them as long as you can find a policy that is akin to theirs.

What do I need to know?

Firstly, educate yourself on how to read and understand a travel insurance policy. Any help you need about insurance terminology can be found in our A to Z glossary.

What's the right policy for me?

You need to find a sense of balance between coverage and cost. Figure out the suitable level of coverage by consideration of the following factors:

The level of medical cover you need. The value of possessions you must protect. The amount of money you're prepared to spend. Your tolerance of the possible risks.

The Insurer should fit your policy to your personal needs. For further advice and cost reduction tips see our travel insurance tips.

Buying your Policy

To ensure you are getting the best possible deal shop around, evaluate and compare all the appropriate policies that provide the cover you need. Think about policies in terms of price, coverage, excess, flexibility and the reputation of the insurer. The Insurance Centre can reduce the amount of time and money you spend on this by accessing literally hundreds of policies from the UK's most economical and respected insurance providers, giving you the most competitive quotes immediately online.