In 2017, £145 million was paid out on 174,000 claims for cancelled holidays, says the ABI. Cancellations and delays will only be covered for valid reasons specified in your policy. If an airline offers compensation, most travel insurance providers won’t pay out. And those that do will only usually cover the difference on top of the airline’s compensation. Another reason to check the small print carefully.
Standard travel insurance can differ between providers, so always read their terms and conditions carefully before committing to a policy to ensure you have the level of cover you want.
If you’re planning a more adventurous holiday, you may need to add extra cover to your policy, or even look for a specialist insurance provider who covers more extreme activities.
Also, be aware that if you’re travelling to a country that the FCO advises against, your travel insurance policy may be invalid. Check their relevant country travel advice pages for updates on your chosen destination.
Check your policy details carefully if you’re intending to do any sports activities while away. Sports cover can vary greatly between insurance providers, so you’ll need to make a note of what’s included and excluded in their standard policies. This is especially important for winter sports and water sports. Again, you may need extra cover or specialist insurance if your chosen activity isn’t covered.
We’ve made finding and comparing travel insurance quick and easy. Compare policies in minutes and see if you could save money by finding the right cover to suit your holiday needs.