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Travel Insurance

Travel Insurance

It is Smart to Compare Prices with Holiday Insurance

On the beach

With that annual holiday just around the corner, it is time to arrange the insurance, and that can be a bit of a nightmare. Often, people will take the first reasonable quote they receive, perhaps for the sake of convenience, but in fact, you could be paying a lot more than you should. It is perfectly understandable to take the first price quoted, as every time you make an enquiry, you must submit all the information again, and this is bothersome at the best of times and downright annoying at other times.

The Benefits of a Brokerage

If you approach a holiday insurance broker, you are not tied to dealing with a single insurer, and with the broker’s many associations, they can source a number of quotes and all you have to do if furnish the information one time. Online solutions mean you don’t even have to leave your home, and within minutes of making an enquiry, you can have several quotes from leading insurers. One such company, Travel Insurance Expert have an easy to use website, and with a few simple steps, you can compare a few prices, and once you have made your decision, a secure online payment seals the deal and the policy documents will be mailed to your address.

Business Relationships

If a broker has a good business relationship with an insurer, they can often secure a much lower price for cover, and this can be passed on to the customer, resulting in savings. An established broker will have many positive associations with a range of insurers, and by using their services, you will reap the benefits of their long term relationships with leading insurers. Click here for more information on holiday insurance, and the reasons why you should have it. Brokers rely on solid relationships with both clients and insurance companies, and if they happen to specialise in one type of insurance, holiday, for example, this can mean even more savings. A busy broker will provide a lot of policies and therefore, will receive slightly lower prices, which they can pass on to their clients.

The Fine Print

This is where you should be looking, especially if there is anything you are unclear about, and often, one quote might seem a little high at first, but after reading the terms and conditions, you realise that it is actually good value. Comparing quotes and looking at the fine print will really allow you to make an informed decision, and by using a broker, you can be sure those quotes are the lowest.

Holiday insurance is something we all need, and many people fail to see that you can save money by using the right broker, and with online solutions, it just couldn’t be any easier.

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Travel Insurance

Reasons to Invest in Koh Samui

invest-in-koh-samui

Koh Samui is among the most sought after destinations in Thailand. Its beautiful beaches and affordable accommodation units attract tourists from all over the globe. Add to this a wide range of enjoyable sports, entertainment, and cultural events, and you are left with an island perfect for real estate investment.

All of these advantages have turned this Thai island into a place where you can make wise, profitable investments with minimal risk and high returns. Therefore, Koh Samui is one of the best places in which to buy property, such as condos or villas. Whether you want to retire somewhere exotic and affordable or you wish to purchase property to rent out, Koh Samui is among the best options in the world for investment purposes.

Great Real Estate Market

The Koh Samui real estate market is currently on the rise due to the constant number of tourists that visit throughout the year. In addition, many businesses choose this area of Thailand for various economic ventures. Through their work, this island is extremely modernised and constantly buzzing with social activity. During the last two decades, Koh Samui has become one of the most sought after destinations for those in search of the perfect mix of unspoiled nature and luxurious accommodations.

Exotic and Beautiful

Property in Koh Samui is some of the most affordable and luxurious in the world. This island is among the most popular destinations in all of Asia, and for good reason. In fact, Koh Samui is still on the rise, and it is stated to be one of the liveliest hubs of entertainment, business, and great accommodations in the world before the end of the next decade.

Whether you want to buy real estate for business or for pleasure, Koh Samui provides access to millions of locals and tourists throughout the year. The stunning views, pristine beaches, and spectacular shopping opportunities will draw you in within weeks of arriving. The local lifestyle will convince you that this was the best decision of your life.

The Cuisine

Thai cuisine is famous for its explosion of various flavours and traditional cooking methods. Recipes created centuries ago are still used today in many of the local restaurants dotting the island. If you want to enjoy something uniquely filled with culture and history, you cannot fail to visit the local street vendors and restaurants in Koh Samui. The seafood alone is unlike anything you have had before, and you will have access to fish and crustaceans you never knew existed. If you are unsure at first, there are many recognisable restaurants and popular chains available as well.

Cost of Living

One of the biggest reasons as to why so many tourists and investors come to Thailand is the affordable cost of living. For example, one British pound is worth about 43 Thai baht. To understand exactly how much that is in Thailand, consider this hypothetical situation. You visit one of the many malls and put 50 baht on a prepaid spending card (available within). With that card, you can purchase an entire plate of delicious food and a large soda. For just over one pound, you are able to purchase an entire meal and a huge beverage. This same standard is present in the real estate market, which is why this region is chock-full of incredible investment opportunities.

Once you invest in Thai properties, you may never want to return home again.

 

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Travel Insurance

Enjoy Your Vacation With A Travel Insurance Plan In Place

Travel Insurance

Whether you are planning for a trip within the country or overseas, having a travel insurance plan in place is the one of the wisest decisions in your life. Considering that majority of the travel plans has witnessed sudden catastrophes like heavy snowfall, strikes and more, causing the holiday bound travellers a lot of trouble, a travel insurance plan has become a must-have in this scenario. A travel insurance plan provides a safety net that customers can buy to protect their travel expenses under any unforeseen circumstances that can spoil your travel plans.

The basic requirements of this policy are quite similar to other insurance plans, that is,

  • You need to buy the insurance plan before any unfortunate event takes place while you are on your trip, as once the event (illness, extreme weather, or act of terrorism) has already taken place it will not cover that or any connected events.
  • Before you purchase the travel insurance cover, go through the terms and conditions properly to understand what precisely is being covered and what’s not.
  • Whether it’s the medical bill or an airline statement, it’s important to present all the relevant documents related to your plan during the claim filing.
  • You will have to first pay your expenses directly, and then you can get it reimbursed from the travel insurance company on the approval of your claim.

You are usually covered under 5 types of coverage by the travel insurance covers such as; you are covered for any medical emergencies, accidents or dental care, while you are abroad; you will be reimbursed for any sudden trip cancellations just before you depart for any expenses that are prepaid and non-refundable. They provide a list of cancellation reasons that are covered, and they also cover you for any sudden interruption in your trip.  So, you will be reimbursed for the missed part of your trip, if due to any (covered) reason you have to return home; you can also claim reimbursements for any additional expenses caused due to flight delay, to purchase necessary items unless your delayed baggage arrives, or if your baggage is lost, stolen or damaged in transit; you are reimbursed for any emergency evacuation costs like, airlifts or during any medical emergency when you are transported back home to a hospital of your choice, however, such expenses can be overwhelming; and, whether it’s a medical emergency, lost or stolen baggage issue or cancelled flights, you have access to the travel assistance service 24/7. From locating the closest hospital with adequate facilities if needed, or arranging for transportation back home to non-medical expenses like, searching for the lost baggage or providing travel details like, the passport or visa requirements, you can be assured of 24/7 assistance.

If you want to enjoy your holiday with friends or family, and do not want to end up being bankrupt spending all your cash in emergency expenses, investing in a good travel insurance cover can be your best bet. So, make the full use of your investment senses and get yourself covered with this much needed plan among others.

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Travel Insurance

Medical Insurance Cover for People with Pre-Existing Medical Conditions: A Complete Guide

Medical Travel Insurance

People with pre-existing medical conditions often find it difficult to travel abroad. There are strict rules and regulations that travellers are required to follow when visiting any country. For instance, you will need to show all your relevant travel documentation, and also provide details about where you got insurance cover. For those with pre-existing medical conditions, it’s not easy to travel at all.

When you approach an insurance company and decide upon a medical insurance package, they will probably ask you to disclose any existing medical conditions you may have. Obviously, the insurance company will try to minimise its risk as much as possible. That’s why most companies have an eligibility criterion. In order to get a travel insurance policy, you must be a healthy individual between the ages of 16-55 and should not have any pre-existing medical conditions.

However, what about people who already have medical problems? In most cases, it’s difficult for a person with pre-existing medical conditions to purchase a conventional medical insurance policy. You will probably have to pay a massive premium if you buy a conventional insurance policy. However, most insurance companies are likely to reject your application, especially if you have a heart condition.

Travelling with a Heart Condition

For people with heart conditions, travelling is not easy at all. There’s a lot of walking and physical activity involved. Most patients with heart conditions are generally asked to rest as much as possible and not engage in any activity that puts a strain on their heart. Needless to say, this means that the risks of an attack are significantly increased while travelling.

It’s difficult to know when a patient might suffer a heart attack. Therefore, most insurance companies generally avoid offering insurance policies to people with pre-existing conditions. In case a tourist suffers a heart attack in a foreign country, the insurance company will be liable to bear the costs of transportation to the hospital, treatment and any surgeries that may be involved. In fact, the insurance company will also be responsible for the costs of bringing the patient back to their homeland.

Due to the increased risk involved, most companies generally avoid offering medical insurance policies to people with pre-existing medical conditions. However, there are several insurance companies that exclusively offer tailored products designed for those with existing heart conditions.

It’s important to note that you can’t hide your condition from the doctors. Most insurance companies will ask you to go for a private check-up at a doctor recommended by them. An independent medical evaluation report will be created. After assessing your medical condition and health properly, the company will decide whether medical cover should be granted.

What Are Your Options?

Whether you have an irregular heartbeat or any other heart-related problem, there are independent insurance companies that you can approach. The company will design a dedicated insurance product exclusively for you. Websites such as Medical Travel Compared offer plenty of different options to their users.

You can visit the website and follow a simple, step-wise process in order to find the best insurance policy depending upon your requirements. However, according to Medical Travel Compared, it’s far easier to get cover once your surgery is complete. If you have to undergo surgery in order to treat a heart-related condition, it’s always wise to apply for insurance after the surgery is complete. That’s because surgeries minimise the risk involved. As a result, more companies are willing to offer insurance policies to customers who have gotten treatment for their heart-related problem.

How to Apply

If you are looking to apply for an insurance policy for your heart-related problem, the best option is to begin with a comparison website that exclusively caters to people with medical conditions, such as the one mentioned above. You will be asked to create an account and then list all your medical conditions.

Once that is done, the next step is to browse through all the different types of insurance policies that you can choose from. Some policies are designed to offer basic medical cover, while others are more comprehensive and designed to cover all the medical expenditure that may arise. Selecting the right medical insurance policy is very important. Most countries have specific requirements about the minimum amount of cover that you must have before entering the country, so make sure you check the requirements before applying for any policy.

Because the whole process is completed online, you will need to pass a detailed medical screening online. Even though you may have disclosed your medical conditions already, the online medical screening is generally designed to make it easy for the company to understand the severity of your condition. This is important, because it determines the premium calculated by the insurance firm.

In some cases, the insurance company might even ask you to visit a private doctor for a check-up. Once all the formalities are completed, you will be asked to choose from several different insurance policies from many of the leading insurers in the United Kingdom.

Online comparison websites that cater exclusively to people with medical conditions have made it easy for more people to travel abroad without having to worry too much about buying a decent insurance policy. You can choose from a single trip or a multi-trip insurance policy, depending upon the frequency of your trips to another country. Multi-trip insurance policies are generally designed to offer cover over a specific duration of time, such as a year or six months. You can make as many trips as you like during this period, and the insurance company cannot change the terms of the insurance. Make sure you browse your options carefully before making a decision.

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Travel Insurance

Single-Trip versus Multi-Trip Travel Insurance: Which Do You Really Need?

trip insurance

Travel insurance is essential for anyone planning on travelling abroad. Not only do these policies often cover medical expenses, but they can also cover your entire holiday plans as well as your belongings.

Every year, travellers in the UK often face the same question: should I take out single-trip travel insurance for this one holiday? Or should I take out an annual policy in case I happen to travel again later this year? To determine which will best suit your needs, there are a few questions you need to ask:

How Many Times Do I Plan to Travel This Year?

Travellers need to first look at how many times they plan on travelling this year, so they can then look for the least expensive quote they can get for their trips. If you are planning to embark on a ski holiday in France one weekend, and then think you may just vacation somewhere else in the UK over the summer, then single-trip insurance may end up being a better financial decision for you.

If, however, you are planning on going on more than one trip abroad, then a multi-trip insurance policy may be a better choice. For example, if you want to visit the United States this year and also plan on spending two weeks in Greece this summer, a multiple-trip or annual insurance policy will likely be best.

trip insurance

How Many People Are Travelling Each Time?

Another important factor to take into account is how many people will be travelling with you every time you leave the UK. Family policies are a more economical option if you plan on travelling as a group, but keep in mind that family policies often share the level of coverage offered. For example, if your family policy offers £1000 of trip cancellation coverage, then that will be split among all four of you. In contrast, if you have an individual policy, then the single individual would be covered for the full £1000.

How Much Coverage Do I Really Need?

Determining how much coverage you really need will come down to what other travel insurance coverage you may already have through other insurance or credit cards. Then you need to work out how much additional coverage you need so that your entire holiday is covered.

Often times the cheapest travel insurance policies will not offer you or your family the right level of coverage. You need to take a number of things into account, including:

  • Having adequate coverage for medical expenses (including emergency medical transportation)
  • Having adequate coverage in case your trip is cancelled (some policies will also cover cancelled pre-booked activities)
  • Having adequate coverage for lost baggage
  • Having adequate coverage for the belongings you will take with you on the trip

Annual policies tend to offer greater levels of coverage, but they are often more expensive. Most companies that offer single-trip travel insurance are flexible in what types of policies they can offer you, so you can customise your policy to suit your needs.

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