How to choose a travel insurance with adequate coverage? When traveling abroad (especially outside the European Union) it is very common to opt for travel insurance.
The reasons are mainly health coverage and security in the event of trip cancellation, one of the many additional guarantees offered by this type of policy.
Within the European Union, we are covered by the health insurance card for many unforeseen events of this kind. But this is not the case outside the borders of the EU. For example, in the United States or Australia, a day in hospital can cost around 6,000 euros and repatriation 100,000 euros.
In many cases, if the health expenses covered by the policy are very small, we will be obliged to pay a high amount, even if we have taken out an insurance policy.. How can we go on vacation with peace of mind? In this post we give you the keys to choose a good travel insurance:
Adequate health care coverage
Medical, surgical, pharmaceutical and hospitalization expenses are often the most worrying, and rightly so, for people who are going to travel abroad. In this sense, we recommend to study well the maximum expenses included in the insurance for this item. Some insurances are excessively cheap because they include a coverage that only reaches, for example, 12,000 euros, while any unforeseen event abroad, such as an appendicitis operation, will be much more expensive.
We always recommend that medical expenses be in excess of 150,000 euros and when you take out travel insurance with us we will always offer you coverage of at least this amount by default.
2. Two other essential coverages
We have insisted a lot on medical assistance. But there are two other coverages that are also very important when going on vacation or on a business trip: repatriation to the country of origin and civil liability.
Repatriation occurs due to illness, accident or death and is one of the most expensive services that should always be covered with a high amount.
On the other hand, civil liability is another one that we usually include in all cases, since it includes personal damages to third parties caused by the insured involuntarily.
3. Study well the most convenient travel insurance
As we explained in our post on the coverage of travel assistance insurance, health care abroad is omnipresent in almost all insurance policies of this type. In any case, it is important to check the rest of the options offered by the insurance and see if any of them left out would be convenient for our trip.
Many times these policies are packaged and include, in addition to health coverage, guarantees for our luggage, flight delays, cancellations, trip cancellation… On many occasions when taking out insurance online there is no option to add some coverage that we consider interesting for our type of vacation. Therefore, it never hurts to receive advice in person from professionals who can tell you which is the most appropriate option.
4. Thinking about added risks
Are you going to do sports activities abroad? It is important to emphasize that most policies do not include accidents derived from sports such as skiing or diving, which are very common during vacations. Therefore, as we explained in our article on sports accidents in travel insurance, we always ask our clients about the activities they are going to do during the trip.
5. Caution with online comparators
Finally, we recommend you to be very cautious with online comparators. As we have mentioned, it is possible that not all options are considered and that in the end you end up with an insurance that does not cover you for the activities you are going to do… And that the cheap ends up being expensive.
However, at PIB Group Iberia you will be able to contract a travel insurance with the great advantage that we have travel insurance with group rates applicable even if the trip is only for one or two people. The peace of mind of a personalized advice and the benefit of an economic price.
Do not hesitate to contact us if you are going abroad soon!
