Travel insurance – why you shouldn’t leave home without it
Travel insurance isn’t just about what happens when you’re on holiday, it’s the lead up to it as well. A good travel policy will cover you for cancellation, missed departures, delays and possibly even travel abandonment.
This means that if you miss your flight because of severe traffic or an accident, or if there’s a strike or emergency that means you have to cancel your holiday, then you could be entitled to some compensation. Your policy should also cover you in the event of your holiday provider going bust. Of course, failing to have travel insurance in the first place, means you won’t be eligible for any money back in any of these scenarios.
You should really buy travel insurance when you book your holiday, or at least have some sort of reminder to book it nearer the time. The reason why most insurance provider won’t touch you if you’ve already left home, is because it opens them up to fraudulent claims – like that claim for the accident that happened yesterday or for that bag that’s already failed to turn up. Even some specialist providers that might cover you when you’re already abroad will have a clause that states you can’t claim for a number of days after you’ve taken out the policy.