Going away with the family? Chances are, you’ll want to make sure that your budget goes as far as possible. One of the ways you can do this is by looking carefully at your travel insurance.
Having the right travel cover for your trip is vital to ensure that you are fully protected against all of the hazards you will encounter. It will also offer you complete peace of mind, safe in the knowledge that should the unthinkable happen, you are fully covered.
That said, however, you should ensure that you are not over-protecting yourself and paying an unnecessarily high premium for doing so.
By taking a few minutes to read the following, we’ll show you how you can save money on your policy, without compromising on the cover you and your family receive.
Taking out the right cover
Taking out the right type of cover for your trip is vital to ensure you secure the cheapest possible policy. If you are planning to take part in watersports, then it is important to make sure that you are covered for this, however, you should be aware that this will add to your premium significantly so if you don’t know for sure that you will be partaking in such activity, don’t add it to the policy. This is certainly something to think about when looking for cheap family travel insurance.
Another thing to bear in mind is whether or not you want to insure your luggage against theft or damage. You should be aware that when making a claim for this, you will be faced with an excess, which in many cases could be more than the value of the items you are claiming for.
Before taking out this type of cover, you should consider whether or not you can do without valuable items as this could save you money on your premium.
Single trip vs. annual travel cover
Depending on how frequently you are planning to go away, then it may make more sense financially to sign an annual travel cover policy, rather than a separate one each time you go away.
If you are planning to go away several times in the year, then it may be worth your while to get an annual travel insurance policy, rather than a single trip, as this will work out cheaper in the long run.
Candis members can take advantage of cheap family travel insurance provided by our partners Citybond Suretravel. Why not join Candis today and enjoy a subscription to our magazine, alongside a host of other benefits.