Understanding Single Trip Travel Insurance
Just what is single trip travel insurance? It's one of a variety of policies that might help you to protect the financial interests of yourself and your family when travelling. How does it work? Read on.
Travelling and risks
Whether you're travelling for business or pleasure, it's an unfortunate fact that aspects of your financial wellbeing may be put at risk. The risks of delays, cancellations, lost luggage and so on are all well-known, but that doesn't make them any the less real or potentially expensive to put right. True, you may in some situations be able to get compensation from some parties - but are you prepared to chance that?
Then there are all the issues surrounding your health. Even if you're in excellent health, accidents might happen at any time - particularly if you're on holiday and participating in certain categories of sport where injuries might not be entirely uncommon.
Finally, it's sad but you can't entirely forget crime either. Your personal possessions and belongings might be very attractive to a thief. So, for all these reasons it might be prudent to consider that cover is certainly beneficial.
Just one journey
As the name suggests, single trip travel insurance is one of the most familiar and simplest forms of such cover. It's typically a policy written by a cover provider for a specific destination or destinations and over a specified period of time.
As such, it's often taken out for a given holiday or perhaps business trip. It has all the advantages of simplicity and is often available on line, but if you're travelling several times a year it might be logistically easier and rather more cost effective to take out annual or some other form of multi-trip cover rather than single trip travel insurance.
Other options
If you are travelling very regularly and erratically, including returning to the UK for short durations then departing again, it might be advisable to investigate various forms of specialist open-ended cover. Such policies do exist and a specialist provider will be happy to discuss those requirements with you further.
Family cover
Many of the above options will also apply if you are looking for family cover. If you are travelling on holiday and have arranged a package deal, your tour provider may offer cover in with the deal for an additional fee. That might be worth considering but it might also be sensible to compare it with quotations you are able to find through the open marketplace yourself.
It's always risky to generalise, but you might be pleasantly surprised to find just how competitively priced an annual or single trip travel insurance policy is when compared against the cover provided by some travel agents and related bodies.
Travelling and risks
Whether you're travelling for business or pleasure, it's an unfortunate fact that aspects of your financial wellbeing may be put at risk. The risks of delays, cancellations, lost luggage and so on are all well-known, but that doesn't make them any the less real or potentially expensive to put right. True, you may in some situations be able to get compensation from some parties - but are you prepared to chance that?
Then there are all the issues surrounding your health. Even if you're in excellent health, accidents might happen at any time - particularly if you're on holiday and participating in certain categories of sport where injuries might not be entirely uncommon.
Finally, it's sad but you can't entirely forget crime either. Your personal possessions and belongings might be very attractive to a thief. So, for all these reasons it might be prudent to consider that cover is certainly beneficial.
Just one journey
As the name suggests, single trip travel insurance is one of the most familiar and simplest forms of such cover. It's typically a policy written by a cover provider for a specific destination or destinations and over a specified period of time.
As such, it's often taken out for a given holiday or perhaps business trip. It has all the advantages of simplicity and is often available on line, but if you're travelling several times a year it might be logistically easier and rather more cost effective to take out annual or some other form of multi-trip cover rather than single trip travel insurance.
Other options
If you are travelling very regularly and erratically, including returning to the UK for short durations then departing again, it might be advisable to investigate various forms of specialist open-ended cover. Such policies do exist and a specialist provider will be happy to discuss those requirements with you further.
Family cover
Many of the above options will also apply if you are looking for family cover. If you are travelling on holiday and have arranged a package deal, your tour provider may offer cover in with the deal for an additional fee. That might be worth considering but it might also be sensible to compare it with quotations you are able to find through the open marketplace yourself.
It's always risky to generalise, but you might be pleasantly surprised to find just how competitively priced an annual or single trip travel insurance policy is when compared against the cover provided by some travel agents and related bodies.