Travel insurance

Pleasant travel memories are unfortunately often clouded by unpleasant experiences, e.g. illnesses and accidents. This is why you should consider travel insurance early on.

The aim of travel insurance is to compensate unexpected expenses that may arise during your travels. 

Typically, a travel insurance contract will cover health or medical insurance but it may also include travel disruption and baggage insurance, which covers travel delays, cancellations, lost luggage and other such expenses.

Travel insurance is offered by insurance undertakings, insurance brokers and agents. It is also possible to sign a travel insurance contract at most travel agencies.  

The cost of travel insurance depends on the destination, duration of travel, insurance sum and other factors. Do not pick a travel insurance provider based on the cheapest price alone. For example, medical expenses are very high in most countries, and if you have a meagre insurance cover, it might not be sufficient in the case of a more serious accident. Your insurance cover should correspond to the number of activities you plan to engage in during your travels (more activities require a more extensive insurance cover).

If something happens during your travels, notify your insurer immediately; they will provide you with information about how to proceed. If you fail to do so, the insurer has the right to reduce compensation or refuse paying it completely. 

Always keep your insurance policy close by. On it you can find the contact information of the foreign cooperation partners of your insurer as well as information on where to get medical assistance.

The insurer may ask you to provide various certificates (e.g. a medical or police certificate) before paying the insurance compensation to you.

Before signing a travel insurance contract
  • consider the potential risks of your upcoming travels against which you wish to be insured; notify you insurer of significant circumstances (e.g. pregnancy, chronic illnesses);
  • ask for offers from various insurers in order to compare said offers and select one that best suits your needs, both in terms of extent of insurance cover and price;
  • make sure you are well aware of the typical conditions of an insurance contract;
  • check what are the exceptions of travel insurance, or the damages that will not be compensated (e.g. terrorism, strike, coup, acts of war, natural disaster);
  • determine the exact starting time of the insurance period because in the case of travel cancellation insurance, the insurance cover may not take effect at the same time as the contract is signed.