What does worldwide travel insurance cover?
If you have an accident, or get ill while abroad, worldwide travel insurance will cover your hospital expenses and transport back to the UK, if needed. A policy with £2m of medical cover, which should include repatriation is a good level of cover.
Baggage and belongings
As a guide, your policy should pay out at least £1,500 if your luggage or personal possessions are lost or stolen. Bear in mind, most travel insurers put a limit per item on the claim for valuable items, such as cameras and laptops. You might want to think about separate gadget cover if you carry a lot of expensive items.
The airline is always the first port of call for compensation in the case of a delayed or cancelled flight. Policies will vary greatly around flight delays so check your policy carefully, especially if you have connecting flights or travel arrangements. In the case that your airline doesn’t compensate or cover you then your policy should pay out if your flight is delayed for more than 12 hours. If this happens, get the airline to confirm the delay in writing and keep receipts of anything you’ve had to buy due to the delay.
If your annual worldwide travel insurance policy includes cancellation cover, you’ll be able to claim back money for your hotel and transport if you have had to cancel your holiday unexpectedly. Check you individual policy for any exclusions to be aware of.
Every country has different laws, so accident, liability and legal cover could come in handy (check your policy to see if you're covered for these).