5 Most Common Travel Insurance Claims

With the widespread availability of cheap travelcommon travel insurance claim. The loss of personal
insurance, there is no good reason to risk travellingitems can be a frustrating inconvenience, but your
uninsured. There are plenty of accidents that cantravel insurance will cover the cost of replacing your
befall the unlucky traveller abroad, and if you havelost possessions.
insurance, these accidents will likely be minor3. Cancellation of Flights
inconveniences - if you don't, they could turn intoMany people buy their insurance at the last minute,
expensive disasters.but the threat of cancellation is an important reason
Almost two million travel insurance claims are madeto book up your worldwide travel insurance as early
every year by people from the UK, ranging fromas possible - this is the third most frequent travel
refunds on cancelled flights to the payment of costlyinsurance claim. Whether it is because you have to
medical bills abroad. While a great variety of claimscancel the holiday yourself due to a family or
are made, some are much more common thanpersonal emergency, or because the airline cancels
others. Here are the five insurance claims that youthe flight, having cover for this is essential - the
are most likely to make while on holiday abroad...average cost of cancellation is just under
1. Medical Costs£400.
With almost a third of recorded claims involving4. Travel Delay
medical bills, this is by far the most common travelIf your journey is delayed it can lead to plenty of
insurance claim. It is also the most expensive, at anunforeseen costs, including last minute
average of almost £500 per claim, withaccommodation and paying for alternate transport,
insurance in America, Canada and Europe beingand it is fourth on the list of common travel insurance
especially expensive. Medical bills abroad can rangeclaims. Worldwide travel insurance can help to cover
from a few hundred pounds for basic treatment andthe costs associated, so next time you are sitting in
medication to tens of thousands of pounds foran airport waiting for a delayed flight, at least you'll
helicopter evacuation or emergency repatriation. Withknow that your insurance is there to ease the cost!
prices that high, it is well worth investing in some5. Lost or Stolen Money
worldwide travel insurance to cover you whereverCash is all too easy to misplace while on holiday, and
you go!is also the main target for pickpockets, casual thieves
2. Lost Baggageand conmen. Unsurprisingly, it is the fifth most
After the disaster at Heathrow's Terminal 5 on itscommon travel insurance claim made by UK travellers.
opening day (where thousands of pieces of luggageA worldwide travel insurance policy typically features
were misplaced), people are now much more awarecover for the loss of money, so that if your wallet is
of the risk of lost baggage. It is a common problemstolen or misplaced you'll have your cash replaced.
for holiday goers; indeed, it is the second most