Why do you need travel insurance?
Going on a trip abroad is an exciting experience, whether you’re relaxing on the beach or off to the snowy slopes. But no matter what the holiday, accidents can happen. From personal accidents to the loss of belongings, such incidents can be expensive and challenging to deal with – especially on foreign shores.
A holiday insurance policy can protect you should something go wrong. Losing your bags at the airport or having a nasty accident are difficult enough occurrences to deal with in themselves. You can take some of the stress away by taking out a travel insurance policy.
Without insurance, things that can go wrong can prove very costly. Hospital bills outside of the EU, for example, can be expensive if you have to pay for them out of your own pocket. With holiday insurance, these costs could be paid in the event of a successful claim.
What does travel insurance cover?
Travel insurance cover can include medical cover, compensation for loss of belongings and theft, emergency situations such as mountain rescue and cancellation or delay in many situations. If you buy your travel insurance when you book your holiday and something like a family tragedy prevents you from going, you could claim in that situation too.
For some holidays like cruises and ski trips, you can get specialised types of cover to give you the most protection. These reflect the unique risks associated with that kind of holiday, such as mountain rescue on a ski trip or getting replacement luggage if yours is lost during a cruise.
Different holiday insurance policies cover different things and may have exclusions, so always be sure to understand what you are and are not covered for.
Why choose Post Office?
Post Office has won the 'Best Travel Insurance Provider' each year from 2006 to 2015 and won the Silver award from 2016 to 2018 at the British Travel Awards.
Every 48 seconds, someone protects their holiday with a Post Office policy. (Based on Post Office Travel Insurance sales in 2017.)
We have a range of cover options available to suit lots of different holidays, so you can choose the cover that suits you best.
When should I buy travel insurance?
You can get the most out of your cover by buying insurance at the same time you book your holiday.
Some holiday insurers only cover you for the period of time you’re away. With Post Office Travel Insurance, you’re covered from the point at which you buy your policy. This means that if you need to cancel due to ill-health or a family emergency, you can make a claim.
It also means you’ll be covered if your holiday provider cancels in advance of your holiday beginning.
If you have free holiday insurance with a bank account and are already covered, it is worth checking what you’re covered for and what the exclusions are. You might not have a policy that suits the type of holiday you’re going on, or which covers all the activities you’ll be taking part in.
Why is it important to have travel insurance?
Having travel insurance is a worthwhile purchase for anyone going abroad for their holidays. Even in relatively safe locations such as central Europe, a myriad of things can go wrong. Holiday and transport providers can cancel or go bust. Flights can be delayed. Airlines can lose your luggage. Thieves often operate in tourist areas. And you could eat something that disagrees with you anywhere in the world.
We hope that none of these events happen to you. But if they do, you could be out of pocket – and with medical problems, it could be by tens or even hundreds of thousands of pounds. Holiday insurance can help avoid some of this risk.
If your luggage is lost, holiday insurance may not be able to replace it, but the payout from a claim can help you purchase what you need. In particular, the medical cover outside of the EU offered by insurance is a necessity.
Within the EU, you may think that an EHIC can cover all of your medical needs. This isn’t true. Some of the most expensive medical services, such as repatriation, aren’t covered by EHIC.
Moreover, EHIC is limited to health cover and won’t help at all with things like cancellation, loss or theft.
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^ For Single Trip (including Backpacker) cover for cancellation begins immediately you buy a policy. For Annual Multi-Trip all cover begins from the policy start date you choose. For cancellation cover to begin immediately for any trips you’ve already booked, make sure you choose the date you buy the insurance as the start date for the policy.
^^ Mintel Travel Insurance UK - February 2017
* The Single Trip policy will cover you for one trip up to:
- 365 days for persons aged up to and including age 70.
- 90 days for persons aged between 71 and 75.
- 31 days for persons aged between 76 and 85.
** Under an Annual Multi-trip policy although you can take as many trips as you want within the policy year, there is a maximum duration for each individual trip. This limit varies depending on the cover level chosen and will be 17 or 31 days. On some policies the limit can be extended to 31, 45 or 60 days for an additional premium.
† Post Office Money has won a 'Best Travel Insurance Provider' each year from 2006 to 2015 and won the Silver award from 2016 to 2018 at the British Travel Awards.