5 Common Types of Travel Insurance Options

Travel insurance is a necessary purchase whenever you go overseas, whether you go for a weekend away or a round-the-world backpacking adventure. However, choosing a policy is not always straightforward. There are many options you may want to consider, and here are five of the most common options to help you make your decision.

1. Single Trip & Multi Trip

One of the first decisions you will have to make is whether to purchase a single-trip or multi-trip policy. You may be considering single trip holiday insurance, and if you are only planning on going abroad once during the year, this is often the best option. However, if there is a chance you may go away again, a multi-trip policy may work out more affordable overall, and it can also be more convenient, so check out all your options first.

2. Winter Sports Cover

Are you going on a skiing or snowboarding holiday? Then you will probably want to purchase a specialist winter sports policy. You can sometimes get this included on a single trip holiday insurance policy, but you may have to buy it separately. This will provide you with unique cover related to these activities.

The same is true for any extreme activity – even if you don't think it is that extreme! Always check which activities are covered before doing anything overseas, because if you don't have the right cover, you may find that you are not insured if something goes wrong.

3. Pre-Existing Medical Conditions Cover

If there is a chance you have a pre-existing medical condition, make sure you get the okay from your insurer first. They will often ask you to answer some medical questions and you may find that you are covered after all. However, if you are not covered, you may be refused cover, or you may have to purchase a specialist policy. Don't take any chances, though, because you could end up without medical cover when you most need it.

4. Backpacker Insurance

If you are going away for a long period of time, you may want to take out a specialist backpacker or gap year policy. These are available from many companies when you are looking for single trip holiday insurance, and it may be a more affordable option. It may also be more convenient, because it is especially designed for longer trips rather than short holidays.

5. Family Policies

If you are going on a family holiday, always look for family policies. You may be able to get everyone covered for less than the cost of insuring separately, and it can also be more convenient.

Get the Right Cover

Whether you decide to buy single trip holiday insurance, multi-trip cover, a family policy or any of the other options, make sure you carefully consider your options first. You don't want to purchase a policy that you later find is unsuitable, so always read the details carefully and ask if you are unsure about anything. That way you can relax and enjoy your holiday knowing that you are fully covered for every eventuality.

Patrick Chong is the Managing Director of Insuremore. We provide low cost travel insurance and offer a range of policies including single trip holiday insurance, annual, multi-trip and family cover. For all your travel cover needs, Insuremore can help you in the quickest and most cost-efficient way.

Writer and Online Marketing Manager in London.