As more and more of us choose to holiday each year, travel insurance policies have made sure that they produce travel insurance products that are suitable for each and every traveller. From long-term insurance to extreme sports cover, we have look at what is on offer.
Finding a travel insurance product for you has been made remarkably simple by the world wide web. Even the most specialist of insurers has their own website, and the good news is that the majority of insurers offer their best prices to those buying online. There are now also many comparison sites that enable you to compare policy content and price at the click of a mouse.
If you travel regularly for business or pleasure you may want to consider multi-trip insurance. Designed with frequent flyers in mind, rates are usually much lower than if you were to insure every holiday or trip you take individually, and you will be ensured all year long.
If you do not require insurance for more than one foreign trip, then the cheapest and most popular insurance option is a one-trip policy. These policies can be made as comprehensive as you like, with the option to add extras to your policy as well as increasing or decreasing your levels of health cover.
If you are planning a long trip abroad, whether it is to visit relatives, study or work, there is now a long-term travel insurance product for you. These products tend to offer cover to travellers for the duration of a three month to eighteen month stay in a foreign country, although some insurers will cover you for even longer periods.
Sea cruises can be far less reliable than air travel as long spells at sea leave passengers more at the whim of the weather. Cruises often visit the Pacific and Caribbean islands which are areas more at risk from tropical storms and hurricanes. This means that cruises run a higher risk of cancellation than flights, and specialist cruise cover insures against this higher risk level.
Those travelling as a family or group will benefit from group or family travel insurance. This means that your group is insured as a whole and you do not have to go about insuring each member individually, which can prove to be a lot more expensive.
If you are a frequent business traveller, or you have employees who need to travel frequently throughout the year then business travel insurance is the product for you. Not only will any work-related equipment be insured on your trip against loss, damage or theft, but some policies will also pay for a colleague to be flown out in your stead should you fall ill and have to miss an important meeting or seminar.