Whether you're jetting off overseas or staying closer to home, a holiday can be just the break you need to get you refreshed and recharged. Depending on the destination, you could be in for some amazing experiences – trekking through majestic mountains, relaxing poolside with a good book, or skiing down snow-covered slopes.
However, before you start planning your dream holiday it's important to consider how your list of activities and attractions could influence your travel insurance options.
Getting the right cover for your trip is essential for safe travels. A comprehensive policy will provide health insurance for any medical expenses you may incur while overseas, as well as cover for other incidents associated with the travel experience. These range from baggage and valuables theft to flight cancellations or interruptions.
Different providers will have different limits and exclusions applied to their policies, so it's important to compare different plans before making your final decision.
What are the restrictions?
No two policies will offer the same amount of cover, so you'll need to do your research thoroughly to find the most suitable option for you. See an experienced broker for more information, or ask the provider directly to get the answers you need.
There are some general cases where exclusions and claim limits may apply. For example, most types of travel insurance will have standard exclusions for incidents such as civil unrest, self-inflicted injury, pre-existing medical conditions, certain types of natural disasters and more.
If you're planning to explore an 'extreme' sport or activity, it's best to check the fine print on your contract first. Some policies will exclude things like snowboarding or surfing, rock climbing, kite surfing, bungy jumping and other similar activities.
In some cases, you may be able to pay an additional premium to get adequate cover for these types of activities. If you think you need extra cover, it's always best to arrange it with your provider before you depart the country. Taking out extra cover in advance may be able to save you more money, while ensuring you can still enjoy your holiday itinerary to the fullest.
When it comes to cover for luggage and personal belongings, be aware that some policies have a limit per item. It is also your responsibility to disclose any pre-existing medical conditions, as a failure to do so could leave you ineligible for any cover.
If you would like more guidance in selecting the right travel insurance policy for your trip, a professional broker can help you make a more informed decision.