A holiday to an exotic destination is something we all look forward to. What do you do when things go wrong? It is important to be prepared. And prepare you will, when you go through this handy guide on travel insurance that is packed with helpful tips to ensure that your journey is a rewarding one!

Travel insurance is considered an important element for it helps cover essential medical expenses and financial losses when travelling. Some of the risks that travel insurance covers include sickness, medical consultations, missed flights, accidents, baggage loss, cancellation and the like. Specific travel insurance providers will also cover certain adventure sports such as scuba and skiing, a kidnap cover and supplier default at additional costs. There are two common types of travel insurance policies that can be arranged – a “single” trip – for one trip of a specific duration or a “multi-trip” – a policy wherein you are covered for multiple trips within a specified timeframe.

When scouting for travel insurance, it is recommended that you check for different policies that are available online. Check with the provider to see if your insurance policy is valid overseas. Comparing deals that are available with different providers is highly advisable. Choose a provider who has a customized deal available. Consider supplemental insurance if needed. Be honest and notify them of pre-existing medical conditions, specific risks associated with your trip and your requirements. This will ensure that your claim is accepted later. Go through the fine print. Without doubt, going through the minor details is absolutely essential.