CHEAP TRAVEL INSURANCE - DOES IT REALLY PAY?
By Keith McGregor
More and more of us are doing our shopping on the internet. We do so for the convenience but the main reason continues to be the innate desire to find the best deal. The success of sites such as e-bay is evidence of this.
The travel insurance market is no different but you need to be 'savvy' in your search and the increasing number of price comparison sites can often be a hindrance rather than a help. Why is that? Well, simply these sites highlight the 'headline grabbing' figure, not to mention that many only show insurance providers that pay them a commission, so the consumer is often given a confusing and false picture.
So can you find 'cheap travel insurance' on the internet? Most definitely, yes, but you do need to check that what is being offered will provide you with the cover you need. When looking for cheap travel insurance, there are some simple rules to apply.
Do your homework. Firstly, know what you want. Are you looking for a policy to cover you for just one trip or if you are going to travel more than once, then why not consider an annual multi-trip travel insurance policy instead? That could save you money over the year.
Read the policy schedule. Most internet sites are good at giving an instant quote - that is what they are designed to do but fewer provide easily accessible information to indicate what the policy covers. At the very least you should look at the policy schedule. This is the table that shows the level of cover against various risks. Choose a policy that satisfies your needs. The areas that cost the most in a travel insurance policy tend to be cancellation, personal effects and medical cover. If you are booking long in advance, then cancellation cover is a must (normally around the