Why do I need travel insurance?
Simply put – Accidents happen and if accidents happen while travelling, then you can incur medical bills and delays, which could lead to further problems like missed transport, lost luggage and maybe even thefts. This is where travel insurance comes to the rescue – these problems can prove very costly if you are not properly insured but are avoidable.
Travel Insurance can cover medical bills, lost/stolen possessions, cancellations and will help in getting you home. For whatever reason you may be travelling, going to the sunny beaches for a weekend away or on a full-blown round the world trip of a lifetime, then it is vital you are covered for all eventualities.
Types of travel insurance
There is a wide variety of travel insurance options. You could get covered for a single trip within the country or have abroad yearly multi-trip policies that cover your whole family. You can also tailor your travel insurance to incorporate the regions to which you are travelling and/or the activities you may be undertaking whilst away:
- Domestic UK Travel
- European Travel
- International Travel
- Winter Sports.
Travel insurance for foreign travel & dangerous countries
In the event you undertake extensive foreign travel or visit dangerous countries then travel insurance can often be a difficult thing to get, if you do not know where to look.
Here at Iam Insured, we fully understand how important travel insurance is. Our insurance partners will work for you in order to ensure that you get the absolute best price for your cover with the least amount of hassle.
Foreign travel can have a large impact on insurance plans such as Income Protection, Life Insurance and Critical Illness Cover. This is mainly because of the perceived danger some countries sadly represent. For instance, if you were to travel to a country in the midst of a war or civil unrest, it can be seen by insurance providers as a far higher risk of death or serious injury.
As such, Life Insurance and Critical Illness Cover may come with a much higher premium depending on your time in these countries. Income Protection is even likely to be refused and could potentially lead to travel exclusion if you are a regular visitor of high-risk locations.