Insurance I Opener

Maybe you have found the best fare? Give a second thought! Researched the perfect hotel? Give a second thought! Know what to wear? Give a second thought! And what about travel insurance? But not sure? Understandable.

Most of the people don’t make insurance in an integral of their planning, but it's critical to any trip. And so long as the full impact of the supposed swine flu pandemic is a matter of conjecture rather than fact, the golden rule for travellers appears to be: When you spend anything on a holiday booking, buy travel insurance instantly, even if the departure date is months away.

Niran Jain, principal officer at Insuranemall, says every holidaymaker should have adequate covered as soon as they book the holiday. "Right now, except cancellation cover, medical costs, baggage, passports start on day of departure. Many insurers only take your premium on the day you depart."

Depending on the current status of the flu virus, we have received claims per from customers who wish to cancel their travel plans, with the majority of claims coming from corporate travellers.

If you need to travel for sure and in those countries where outbreaks have occurred, you should follow the country's recommendations in order to reduce the risk of infection for the duration of your trip.

However, not every insurance providers offer this type of comprehensive cover. Many policies won't cover for cancellation if tour operators, travel agents or airlines cancel travel arrangements due to swine flu, so it is advised to contact operators, travel agents or airlines if in doubt of flight/travel status.

As a general rule, once the FCO advises against all but essential travel, travel costs should be refunded by the tour operator, or an alternative holiday offered. Until the FCO rules a destination too dangerous for all but essential travel, travellers will only get insurers to refund holiday costs if they provide a specific and accepted reason not to travel. Mr. Jain says today’ uncertainties make a strong case for buying an annual travel policy for the family, because insurers are gonna limit their exposure to claims.

Now, if you want to understand the nuances of different types of policies and its price, feel free to seek the help of InsuranceMall to select the right products based on your need. Remember, insurance is not mandatory, but the cost of not having a cover is very high.