The summer season is in full swing, but the holidaymakers should not be missing the right travel insurance. High -quality fuse can save hundreds to thousands of euros, nerves and time. Nevertheless, many do it at the last minute or rely on inappropriate insurance that may disappoint them in the crisis situation, the personal finance expert from Partners Ivana Paráková pointed out.
According to her, the choice of insurance type depends mainly on the frequency and style of travel. “Short -term travel insurance is ideal for people who travel once a year. On the contrary, if someone goes abroad only twice a year, it is clearly worthwhile for year -round insurance. It costs from € 34 per year and covers an unlimited number of roads,“The expert explained.
In addition to this basic distribution, there is, for example, insurance card insurance, which is part of some debit and credit cards. However, it is necessary to look carefully to its conditions, as the coverage limits tend to be significantly lower and often the activation or payment of the holiday by the given card is requiredParáková pointed out. Travel insurance often includes insurance for mountains or insurance of risky sports, which need to be insured separately.
According to the expert, it is important to adjust the coverage of individual risks. “The basis is sufficient coverage of medical costs, ideally at least 200 000 euros. When traveling outside the EU, I recommend even half a million to million euros, especially when it comes to the US, Canada or Thailand“Paráková quantified. According to her, the accident insurance is ideal for coverage of EUR 10,000 to 50 000, in the case of luggage insurance EUR 1000 to 2000 and liability insurance is appropriate to set at least EUR 100 000.
According to the expert, cheap insurance does not have to be advantageous. “Most often, clients complain that the insurance company did not pay damage. But often these are cases that their contract has not covered at all,” she said. Therefore, before the conclusion of the contract, the candidate should read the conditions of the insurance, including the exclusions, check the deductible and also verify the reputation of the insurance company, especially as in practice handles claims.
In the event of an accident or disease on vacation, it is always necessary to contact the assistance service, the number of which is stated on the insurance card or in the application. “It is important to keep your head cool and follow the instructions. Always ask confirmation – from a doctor, hospitals, police, airline,“Paráková stressed. At the same time, she recalled that after returning home it is necessary to report an insured event in the shortest possible time, if all related documents such as reports, invoices, certificates.
