Compare Travel Insurance with Money Pug

It is important to get the best deal possible when travelling and protect yourself from unpredictable situations such as accidental damage or cancelled/ delayed flights. While we all hope that nothing bad happens on our holidays, it is good to know that if it does, we will be covered.

Money Pug helps you to find the best travel insurance deals suited to your needs, also saving you money and ensuring you travel with ease and comfort. Although the process might seem complicated at first, Money Pug’s easy-to-use comparison website will show you all the various options and deals available to you, all at the click of a button!

What Do I Need To Have Ready Before Comparing Travel Insurance?

Before you enter your details and receive travel insurance quotes, you should have the following information handy and be able to let us know:-

Details of any current travel insurance and claims previously made.

Where you are going.

The type of cover needed (single, annual multi-trip, backpackers).

How many people you require cover for.

Any medical conditions traveller has (with documents).

Travel documents (Passport etc.) that are in-date.

What Does A Standard Travel Insurance Policy Cover?

Travel insurances cover a lot many things. Here are a few things which a standard policy covers:

Cancellation & delay

In case you miss a flight or there is some kind of delay which has caused a problem with your plans, your insurance policy will give you a compensation for it. In the instance that, for example, there is a delay and you have been unable to reach your business meeting because of it, you can file a claim under this policy cover.

Medical expenses:

Imagine you are travelling and there is an emergency which requires medical assistance and you are admitted in a hospital. The expense of the hospital and medicine will be covered by the insurance policy. (It is important to note that pre-existing conditions may not be covered and for this you need to discuss this with you insurance provider. There are separate plans for people who have pre-existing medical conditions.)

Personal liability:

When travelling there is always a chance you might injure yourself or there is some damage done to your belongings in an accident. In such a scenario, the insurance company will provide cover and offer protection against personal liability.

Emergency assistance/repatriation:

If you are severely injured, brought back to the UK and require immediate medical attention, the insurance policy will provide for this and pay all the hospital expenses.

Baggage & belongings:

Imagine you are travelling and your valuable luggage is lost or stolen. If this happens, an insurance policy will often provide cover and compensate you for your loss. Claims of this sort are one of the most common claims made by passengers as it is very common to lose your luggage at the airport. Insurance cover for baggage and belongings will put your mind at ease and make your trip a good one.

What to Do If You Have A Pre-Existing Medical Condition

If you have a pre-existing medical condition for which treatment has been completed or is ongoing, this should be clearly stated in your policy. Conditions such as heart problems, cancer, diabetes should be declared as not mentioning them could invalidate your cover. It is very important that your provide complete details of your medical history to your insurance company because not mentioning certain medical conditions may invalidate your insurance and waste your money. People with some conditions might have to pay a little more than healthy people for an insurance policy.

How to reduce the cost of travel insurance

In order to reduce the cost travel insurance you need to carefully decide your insurance policy. You must keep a balance in how much you get covered and how much you spend. Considering an insurance policy that covers too much and is high in price might be hard on your pocket. The right way to purchase an insurance policy is to first decide how much cover you need. Once you have decided the cover you need, then you can proceed with finding the right insurance policy for you. You can keep costs down by:

Comparing Prices

You can compare prices provided by money pug and wisely choose the quote which offers you adequate cover and is not so hard on your pocket. Choosing the right plan for your trip can save a lot of money.

Declining optional extras:

You can decline optional covers like gadget protection because they might be covered by your bank or your credit card anyway. You might want to check with them first before choosing the optional extras

Choosing annual plans

You can pay early if you travel regularly. If you are a frequent traveller, then it is wise for you to choose a yearly or annual plan. Annual plans are normally cheaper than individual trip plans. This will save about 20- 30% of your expenditure. Most businessmen and people who travel frequently choose this type of insurance cover for themselves.

Buying as a couple

If you are a couple or a group of people travelling, you might want to look in to packages as individual insurances are higher in prices. You can save money by purchasing a couple’s insurance plan if you and your spouse are planning to go on a trip together. This way you can save money and it is highly cost effective.

Different Types of Travel Insurance

There are numerous types of travel insurance offered by insurance companies. You can get a travel cover for one trip or if there is a time in your life that you might have to travel a couple of time in a periods of let’s say six months, you can find a specific policy to suit you. There are different travel policies for families and for individuals. Travel insurance cover is also available for couples and groups.

If you think the insurance plan being offered to you is too basic then you can tailor one to your needs. There are different policies at different rates if you go to Europe or if you are travelling for sports. There may include:

European Travel insurance

European travel insurance is offered to people who plan on making trips within Europe and not outside of it. This type of insurance will cover for you if any mishap occurs in Europe and the countries in it.

Worldwide

You may need this type of travel insurance if you plan on travelling the world and you have to move from continent to continent. People who have multiple businesses in different countries use this type of travel insurance to cover themselves from awkward scenarios. This type of insurance is generally not cheap in comparison. If you buy a European travel

insurance and some mishap occurs whilst you are in Asia, then know that you won’t be covered. It is important to remember the type of cover you have purchased for your travel.

Winter sports

If you are in to sports and physical activity like hiking and skiing, then you might want to look into this type of insurance as this provides cover for riskier activities, and cover for your expensive equipment.

Backpacker

If you are planning a backpacking adventure, you have to accept that your type of travel could be a little riskier than the traditional package holiday. For this reason, there is also often specific travel insurance for those undertaking a trip of this type.

You can compare travel insurance prices on Money Pug and make sure you get reasonable quotes, whatever sort of travel insurance you are looking for.