How to pick budget friendly holiday insurance

June 14, 2013 | Author: | Posted in Travel Strategies

Holidays are times when we take a break from our regular and mundane jobs, responsibilities and other daily activities to rejuvenate ourselves.  It means various things to various people, but the most common activity taken up by people during holidays is to go on a trip. However, a trip requires previous planning, financing, especially if you’re taking your family and children with you. And a part of this planning ahead is to anticipate future risks and losses and being prepared for them. The best way this purpose can be achieved, that too in a cost effective manner is by getting a cheap holiday insurance.

They've got sun in Sicily! WOW!
holiday insuranceNia [So let’s go!] / People Photos / CC BY-NC-ND


A holiday insurance is a kind of coverage that protects you from various risks and losses while on a trip. These may range from medical to possession coverage etc. But since holiday trips themselves are pretty expensive, you need to pick an insurance that will not disturb your budget.

So how can you get a budget friendly holiday coverage?

There are quite a few ways you can cut down on your insurance cost without compromising on the security being offered. Following are some of the commonly used ways:

  • Regular insurance provider- Your starting point should be to approach your regular coverage provider. Ask him if he can extend you the coverage in concern, and since you are a familiar and existing client you can also get a better quote and assistance in case he extends such a plan to you. However, if he is not a provider of this sort of security, you can ask him for a list of references.
  • Travel agent- Your next point of approach should be your travel agent, often they have tie ups with similar kind of coverage providers or they may themselves act as coverage providers by having tie ups with hotels, airways etc.  Therefore, you can get a comprehensive plan of security as well as the entire trip’s requirements from the same source.
  • Credit cards- Many of the credit card companies have similar tie ups like the travel agents, and can directly help you with certain aspects of your travel. For e.g. some credit card providers offer you compensation against any nonrefundable fee, on any booking that you made through their card, in the event of cancellation of the said booking.
  • Family coverage – When travelling in a big group or with a family, buying individual plans for each member will prove to be very costly. This unwanted expenditure can be brought down by purchasing a family insurance plan. Not only does this bring down the collective premium, it also eliminates a lot of paper work.
  • Research and compare- There are numerous coverage providers available online, you need to check out more than one source and compare their quotes thoroughly. Only after you’ve done proper research and comparison should you apply for a particular plan. Also be careful of unwanted add-ons as these often hike up the premium without any useful return.

However, if you’re buying your plan from an online vendor, look up reviews on them. Independent user reviews will help you get a clearer picture about the kind of service and coverage you can expect.

Author’s Bio – Jonny Pean is a renowned travel writer. He always recommends his readers to have cheap holiday insurance before they start their trip, especially international trip.


This author has published 193 articles so far. More info about the author is coming soon.

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