I bet everyone knows a friend of a friend who has shared a horror story of their vacation ending in disaster - whether it be an unexpected hospital visit after a day of skiing or falling victim to a picket-pocket on the subway, or a flight delay completey out of your control - many travellers jet off on their adventure with the mindset that 'oh, that won't happen to me'.
The unfortunate thing is - life happens, and part of that means that accidents happen, things are lost or stolen, and when this happens you want to be covered.
Take this for example - if you are involved in a car accident in the United States and require intensive care, the medical bill could climb to more than $300,000. Plus if you require lengthy hospitalisation, be prepared for a medical bill approaching $1 million. You never want to dream of this happening to you or a loved one, but to be on the safe side of caution, travel insurance is a must for any traveller looking for peace of mind.
With this in mind, it is crazy to think only 20% of UAE travellers purchase travel insurance yet 8 in 10 travellers experience a 'mishap' on their travels that could require travel insurance! While we plan for months to curate the perfect holiday, we fail to troubleshoot it with what can be a click of a mouse by purchasing travel insurance!
Here are 10 things you need to know about travel insurance to ensure smooth sailings on your travels!
1. Make sure you are in safe hands
Choosing your provider is crucial; you want to know if you need emergency medical assistance you're covered by an inhouse team of doctors
2. Don't leave it too late
What might cost you a small fee at the time of booking can save you a fortune down the track
3. Ask your travel consultant
We call ourselves the travel experts for a reason - we know everything there is about travel! Ask your travel expert for their advise on choosing the right coverage to suit your needs.
Travel tip: Pack a zip lock sandwich bag to store all receipts on your trip in one place - it is water proof & takes up almost no space in your luggage!
4. Choose a reputable insurer
There are many travel insurance providers in the market, however, you want to make sure you are partnering with a reputable company with global support.
5. One size does not fit all!
Travel insurance is not a one size fits all product - take the time to choose the coverage that is right for you.
6. Lowering the premium
To save on the upfront premium, look for a policy with a variable excess option. Ask you travel expert for more information.
Travel tip: Purchase your travel insurance as soon as you book your travel - this way you might also be covered if you have to cancel or postpone your trip.
7. Existing medical conditions
Avoid delays in your insurance purchase by looking for a provider that offers an immediate medical assessment service - online or over the phone.
8. Don't get caught out
Credit cards generally have strict restrictions for coverage, make sure you read the policy wording and understand the policy activation requirements and triggers.
9. Keep your receipts
Should you need to claim you will need to keep a record of all receipts, medical reports and police reports in the event that you do need to make a claim
10. If you can't afford travel insurance, you can't afford to travel!
Think carefully about travelling without travel insurance, what is a small cost now can save you a fortune - be a smart traveller and don't get caught out!
For more information on travel insurance talk to your Flight Centre travel expert in store, or over the phone 800 11 444.