Cheap Travel Insurance for Tough Times

When money is tight it can be a real challenge to budget and stash away enough hard-earned cash for a needed holiday. Once there is enough in the pot to actually plan a holiday you are faced with the dilemmas of agreeing on a destination, deciding how to get the most for your money, and then choosing the best cheap travel insurance to protect your investment.

Solo world travellers and younger travellers can save a bundle of money by taking out cheap backpacker travel insurance. (Did you know that we consider ‘young’ to be those aged up to their mid-forties?) No matter what age you are, it is vital that you declare all pre-existing medical conditions. There is no point paying for insurance cover you don’t need, so carefully choose the correct policy for your needs from the different levels of backpacker cover. A cheap backpacker policy should always provide cover for all the essential things, such as medical care, repatriation, cancellation and curtailment (cutting short your trip), scheduled airline failure, travel delay, personal accident, liability and legal expenses. Even the most basic cheap backpacker policy should provide the minimum and important cover for medical expenses, personal liability and legal expenses.

The amount of backpacker insurance cover needed may depend on the intended destination(s); obviously a trip to Africa or Asia is likely to carry more risk than a quick city break or European destination. Travelling without any insurance is asking for trouble; you may be lucky but you may not. Consider the potential astronomical cost and worry to you and/or your family without travel insurance if disaster strikes and you fall ill while halfway across the world. Medical repatriation by air ambulance can cost in the range of tens of thousands. Who needs that!

Many families opt for the all-inclusive holiday, which can save money in all areas. It also takes a lot of the worry and work out of the organisation of the holiday for busy parents. The all-inclusive package at a good resort will normally include meals, drinks, activities, transfers and other extras. An all-inclusive beach resort will often tick all the boxes, providing plenty of activities to keep the kids happy and entertained, as well as spas and relaxation services for stressed-out parents. Many all-inclusive packages are geared towards families, offering babysitting services and entertainment for the children. This is great news for parents, giving them a chance for some alone time, or just some ‘me’ time.

Families seeking guaranteed sunshine for their summer breaks usually find an all-inclusive holiday and family travel insurance to be the cheapest option. Destinations such as Spain and the Balearic Islands, the Canary Islands, Egypt, Turkey and Florida are always popular. Opting for an all-inclusive package may even make more exotic long-haul destinations affordable for families; protected, of course, by cheap holiday insurance.

Some travellers still prefer the do-it-yourself holiday, which allows them to shop around for cheap hotels and flights. Others may prefer to pool their resources and share a large villa and pool with other couples or families. Another money-saving avenue to explore is a home exchange service.

No matter which you choose, whether a backpacker hostel, self-catering accommodation, all-inclusive resort, or top-rated luxury hotel, remember that it is equally important to protect your holiday investment with quality, cheap travel insurance.