How to Choose the Best and Most Cost-Effective Travel Insurance

Travelling with a group and travelling alone are two very different experiences. When you travel with family or friends, you at least have each other’s backs in case something happens. When you travel on your own, you are alone in the most fundamental sense of the word. This is why solo tourists need to take necessary precautions when on a trip, whether locally or abroad. One thing everybody must get is an appropriate travel insurance policy. There are many single trip insurance packages that offer various coverage options, but the question is whether it will suit your travel plans and budget. As a solo traveller, you must always take into consideration the following factors.

Consider your activities

Not all single trip insurance plans are the same, and they should really be modified according to your itinerary. Outside the basic coverage aspects of most plans, such as flight delays or cancellations, solo travellers need to consider what activities they have lined up during the trip so they can prepare accordingly. Going on a beach getaway? Think about the common water sports accidents and injuries that happen at the beach. Backpacking through Europe? Take into account mishaps such as passport or baggage loss due to last-minute itinerary changes, or even theft. A responsible traveller must always be alert about such instances to avoid problems later on, and purchasing a tailored policy is a huge help.

Read the fine print

One thing about these policies that some people take for granted is the fine print that goes into a single trip insurance plan. After you’ve deliberated what circumstances must be covered by your policy, it’s time to understand what doesn’t usually get covered and the conditions behind such issues. For instance, when it comes to pre-existing medical conditions, different providers have different rules. Some cover pre-existing medical conditions only when the policy is purchased as early as two weeks before the travel period. Meanwhile, others specify what conditions are completely excluded from any type of plan. Knowing things like this could be the difference between a reasonable cost and paying an arm and a leg.

Avoid getting a policy at the last minute

Given all these concerns to think about, deciding on a policy at the last minute could have consequences, one of which is an augmented fee. The best plan is to purchase your single trip insurance policy early, if possible at the same time as you book your flight. Not only do you have a better chance of getting a more affordable deal, but you also ensure coverage for unfortunate circumstances like airline strikes, flight cancellations due to increment weather, or emergency re-scheduling up to 24 hours before the scheduled flight.