Do You Need Travel Insurance When Traveling To Foreign Countries?
Published April 24, 2011 | 
Many people ask the question, “Do foreign countries require me to have travel insurance?” Countries will differ on what they will require as far as insurance go, but if you like to travel a lot or if you like to go to places that many people would not normally go, then having trip insurance is a good idea for you and your family.
When opting for travel insurance it is best to go with a company that has reliable underwriters. This means that your insurance policy will have a lot of coverage and if you go with a large company then you will be able to get a high level of support 24 hours per day. Accidents happen at the worst times of day, and so having a 24 hour support team for travel insurance can do wonders for your peace of mind.
The next key factor to look for when traveling in foreign countries and buying travel insurance is to make sure they cover every country that you’re going to travel to. There’s no reason on opting for an insurance policy that does not cover you in your destination. The next thing to consider are your activities. Are you planning on snowboarding, surfing, skiing or any other types of sports where you may get injured? If so, then it is very important that your insurance policy cover these types of activities while you are in another country.
Travel Insurance Buying Tips
Published April 13, 2011 | We are all quite vulnerable when we travel because it usually means venturing out of our comfort-zones, and travel insurance is the only way to shield ourselves against monetary losses when things do go wrong. So here are some very useful tips to ensure you buy the right travel insurance that will protect you against such expected financial losses.
The most important thing to remember with travel insurance is that you are effectively buying an agreement, so always READ THE FINE PRINT, especially the exclusions at a coverage level and the general exclusions. They are written in legal jargon, so be sure to seek clarification on anything that you don’t understand.
All Insurance companies are classified as financial institutions and are consequently regulated by the government organizations like the Financial Services Authority in the UK. So be sure to check this.
One of the major risks is trip cancellation, so ensure you buy the travel insurance as soon as your trip is confirmed, even if you are not traveling for months. It’s not going to cost you anymore and your cover kicks in as soon as you purchase the trip insurance.