Does Travel Insurance Protect My Possessions Too?

 

Yes, usually. If you suffer the misfortune of losing your luggage, passport or bank cards on holiday, it can be some comfort knowing that you have an insurance provider on hand to provide 24-hour assistance. 

The right policy can cover lost, stolen or damaged baggage and personal possessions. Be warned, though, you probably won’t be covered if you leave your belongings unattended and they’re then taken, so don’t go wandering off to the bar or pool, leaving your tempting beach bag behind – not even for a minute. You should also report any theft to the police as soon as possible as some insurance providers require you to have done so within 24 hours for your claim to be valid.

Standard travel policies can vary wildly in the amount covered. It’s important to check both the total limit your insurance provider will pay out if your baggage is lost, stolen or damaged and if they have a single item limit – the most they’ll pay out for any one high-value item. Depending on what you’re packing, when you get a quote you may need to choose a higher limit to take your policy to the level of cover you need. This might depend on your taste, whether you’re a minimal packer or if you bring your designer wardrobe in exclusive high-end luggage. If you’re taking gadgets such as tablets, phones and laptops, you may want to consider travel gadget insurance.

What else does travel insurance cover?

We’ve already outlined the importance of travel insurance for covering the cost of medical emergencies and lost or damaged personal possessions. But that’s not all. Your policy might also cover:

•        Cancellation of a pre-booked holiday because of unforeseen circumstances, such as a family bereavement or jury service.

•        Missed flights, cancellations and delays 24/7 assistance.

•        Personal liability cover if you cause an accident while you’re away.

•        Coronavirus cover can help protect you financially, for example, if you test positive in the 14 days before you travel and have to cancel. 

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 then pay out as well. 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.

To make an affordable Travel Insurance you could use the services of Schengen Visa Itinerary. We also offer Flight Reservation and Hotel Reservation to complete your visa requirements.