Guidelines that will help you embark on a safe travel insurance plan is known as Travel insurance tip(s).
Travel insurance tip(s) for Nigerians
- Travel insurance tip #1: Don’t purchase from a travel agent
There’s a good motive why travel agencies are quickly becoming outdated. There are so many other varieties out there. Buy your travel insurance online or call up the insurance company yourself so that you can get the best deals.
- Travel insurance tip #2: Purchase the coverage you need
Choosing to decide on for the plain plan might be a mistake. Some travel insurance plans come with a nice reduced price, but they are of little worth if you actually need to use them. Make sure you go over the exemptions and limits before you sign up for the plan. If you own a luxurious laptop and it gets lost or spoils during your vacation. You may feel remorse getting the cheapest travel insurance plan on the menu.
- Travel insurance tip #3: Don’t purchase partly cover insurance coverage
According to the policies of insurance, policyholders can’t get rewarded twice for just an incident. Before you purchase travel insurance, check your extra insurance plans to see if you might already be covered. Credit cards and home owner’s insurance plans sometimes cover travel. Therefore, make sure you know what the kind of coverage you already have before you purchase a new one.
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- Travel insurance tip #4: Buy annual coverage if it makes sense
If you like traveling a lot, it makes more sense to go for the yearly travel insurance plan. One-off travel insurance plans may be suitable, but a yearly insurance plan will save you more money in the long run. If you plan on traveling more than three times this year, get the yearly plan.
- Travel insurance tip #5: Read the fine print
Some “global” travel insurance plans don’t include countries such as United States America and Canada. Be sure that your travel insurance policy will cover you if you want to travel to North America.
- Travel insurance tip #6: Check the age limits
Some travel insurance plans don’t cover the aged. If you are over 65, you may need to purchase a special travel insurance plan to cover you while you’re away.
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- Travel insurance tip #7: Check the unsafe activities list
Some travel insurance plans will refuse coverage if you get into an injured while riding a horse, scuba diving, jet skiing or while riding a motorcycle. If you plan on doing any kind of dangerous sports during your holiday, you will need to purchase additional coverage to make sure you are well insured against any added risks.
- Travel insurance tip #8: Consider airline failure coverage
Commercial airline failure coverage will give you a compensation on your ticket if the airline you paid for a ticket with goes bankrupt. If you bought a ticket from a smaller airline company, it may be meaningful to purchase this additional coverage. The chance that your airline company will go broke before you go on vacation may be very slim, but a lot can happen between the time you Purchase your ticket and your holiday vacation.