Guide to Choosing the Right Family Holiday Insurance

Choosing the best family holiday insurance is more than getting an online comparison and buying the cheapest option you can find. There is more to what makes a policy worth your time and effort aside from its price.

One of the most important things to bear in mind is that there are many different types of travellers. Individual backpackers might be able to get the best value in a multi-trip policy that costs only £30, but families travelling together have different needs – including the age of the family members, the overall value of their luggage and their itinerary. It is for these reasons that there is no one recommended policy that can fit everyone. Instead, there are crucial factors that you need to take into account when deciding on the best policy for your family.

Do You Go On Multiple Trips?

Family holiday insurance can either be single trip or multi-trip, and the value of each really depends on how much travelling your family does in a year. Multi-trip policies cover any number of short trips within a calendar year; but if your family goes on holiday at least four times in a year, getting a multi-trip option will understandably save you money in the long run – not to mention lessen the hassle of going through the entire process every time you plan a trip. If you think that a multi-trip policy is a viable option, be sure opt for one that will cover the countries you frequently visit or would like to visit and scratch from the list the countries that you won’t go to, as that will affect the final price.

Do You Need Group Coverage?

When getting individual insurance, you only need to think about your personal needs – and most of the time that’s easier. But when choosing the best family holiday insurance, you need to consider every member’s individual needs. Generally, it will be cheaper to buy a policy that covers the entire family rather than one for each member. But again, there are further considerations to think about. For instance, when you get a policy that covers everyone, will that policy allow individual members to travel on their own or does it only stand if you travel together? You will need to find a provider that will be able to provide you with exactly the policy you need, depending on how often you normally travel individually and as a family. It might be difficult to find at first if your needs are specific, but it’s worth the extra effort.

Do You Settle for the Standard Limits or Do You Get Extra Coverage?

Every family holiday insurance policy will have a basic coverage listed. For some families this may suffice, but obviously not all families are alike. The typical standard coverage includes flight cancellation, baggage damage or loss, missed flights, emergency medical assistance and personal liability. However the amount covered may vary, depending on what you choose and on specific details you want to add, such as outdoor activities or sports that you want covered.

3 Questions to Keep In Mind When Purchasing Family Holiday Insurance

In this day and age, purchasing family holiday insurance has become one of the staples of travel – much like having GPS-enabled cameras, phones with 3G capability, or luggage with RFID trackers. While once these items seemed frivolous and unnecessary expenses, over time they have proven that the benefits greatly outweigh the costs. Ever more importantly, they greatly enhance the experience of travel, making it safer, simpler, and more enjoyable – from the moment you leave on your trip to long after you have returned home.

Like the above-mentioned gadgets, family holiday insurance has evolved from being a luxury to an indispensable travel standard. The benefits of having it are multiple and incontrovertible – however, like these gadgets, the benefits are best enjoyed by those who know what they need before they make their purchases (do research) and those who take the time to get to know the capacities of their gadgets (read the manual).

Buying family holiday insurance, like all group-based purchases, can be simpler and cheaper than purchasing a policy for a single person. Listed below are a few questions you need to keep in mind when negotiating an appropriate policy.

Just Who Are Your Family Members?

The definition of ‘family’ has evolved in the modern age. Gone are the days when the unit was automatically Mum, Dad and the kids. Today the term can mean everything from step-parents and step-siblings, to adopted family, extended family, found families, and even family pets! Unfortunately, however, the law’s definition is not as all encompassing as that of society at large. For example, in some standard contracts, ‘family members’ are limited to legally wed parents and children residing at the same address, which can present some problems for children of divorced parents or for grandparents who live elsewhere. The good news is, a reputable company will help customise a policy specific to the needs of your unique situation.

What Are the Ages of Your Family Members?

Just as with most group services, family holiday insurance can mean savings in the form of discounts. However, one of the bases of these discounts is the ages of the group members. For examples, airlines often have promotions where children under a certain age travel with their parents for free or at a huge discount. In the same vein, senior citizens are also subject to special rates. Make sure you discuss the ages of your group members and how they affect your rates when buying a policy.

What Are Your Health Status and Existing Medical Conditions?

Because medical and emergency coverage is one of the cornerstones of insurance, making sure you have clearly and accurately declared the existing health conditions of your family members is imperative. Having your family checked and given a health clearance by your physician for your trip will not only give you greater peace of mind (especially if you are travelling with children or seniors), but it can also greatly simplify the process of seeking reimbursements or claims, should it be necessary.

Most Important Family Holiday Insurance Questions Answered

When you are spending money on a family holiday insurance policy, everything needs to be crystal clear, including the limits and the coverage, the terms and conditions, and the fine print that goes along with the policy. All of these aspects need to be fully understood by you, so that when the time comes that you may need to make a claim, it will be an easy and hassle-free process.

While questions that you have may vary depending on the type of policy that you are considering, these following questions are the most important and need to be answered as a priority.

Can My Pre-existing Medical Condition Be Covered?

When choosing family holiday insurance where you are all covered under one policy, individual needs must still be met, and this may include specific medical conditions. The rules regarding pre-existing medical conditions may vary from provider to provider so it’s best to not assume anything. When it comes to pregnancy, however, naturally there are exclusions. For instance, expectant women are only covered up to a certain period during their pregnancy, which usually cuts off a few weeks before their due date.

Does Our Policy Cover Holidays to Multiple Destinations?

Normally, you can select between single-trip and multi-trip policies – there are easy enough options to choose from when looking for a family holiday insurance policy. But when you are planning on a single trip but with multiple destinations, you need to be clear with your inquiry so you can find out what option will best provide you with the appropriate cover. If your family goes on vacations multiple times a year anyway, then it would be best to choose a multi-trip policy and then specify the destinations that you want to be covered. (It will be cheaper in the long run, and you only have to do it once.) But if you want a single-trip policy, there are also options on what destinations you want to be covered, depending on the provider. Either way, you need to clear this up very early on in the process.

Are Cruises Covered?

Not all insurers will provide coverage for a cruise, but there are those that include a cruise holiday as part of their basic coverage. The only way to really be sure is to ask. Another important point to consider when going on a cruise is whether the policy will be able to cover all the countries you intend to visit during the cruise.

The basic rule of thumb when choosing family holiday insurance is that it’s better to be detail-oriented to the point of being neurotic than to be dismissive about your family’s safety and your expenses.