The Beginners Guide to Student Travel Insurance

One of the best things about being a student is those long summer breaks. You can either sit at home swatting up or working a boring job, or you can get out there and travel the world. If you are one of those people who likes to get out there and do things, traveling will be right up your street.

Before you jump on the plane make sure that you have got some form of travel insurance to cover you, otherwise you could end up with lots of problems further down the line.

What does travel insurance cover me for?

It depends of course on what level of cover you settle for. If you go for the highest level of cover you’ll be able to claim for things like lost baggage or even medical fees if you end up in hospital. Each policy out there is different though, so it’s up to you to check out what it does or doesn’t include. Failing the read the small print in a travel insurance policy can end up costing you hundreds if not thousands of pounds. So make sure you spend a couple of minutes combing through the fine print to see if you’re covered against the eventualities that you think you are.

Are travel insurance policies offered with bank accounts any good?

Some student accounts come with student travel insurance policies. It’s up to you to check what that policy does or doesn’t cover you for, as well as familiarize yourself with the terms and conditions of that policy. If that policy doesn’t cover all bases then don’t just put it to the back of your mind; go out there and invest in a policy that ticks all of the right boxes for you.

What’s an excess?

Every form of insurance comes with an excess. An excess fee is what you pay if you need to make a claim. Typically a higher excess means that you’ll pay less for the policy itself. Be careful not to pick a policy with an excess that you simply can’t afford though, because this could render the entire policy useless. It may seem attractive to drive down the cost of your policy, but the fact is you need to be able to afford the excess fee come what may.

Traveling can be a very rewarding experience, when things go wrong though you dream trip can soon descend into a nightmare. Being away from home when problems occur is bad enough, but being hit with huge bills to foot is also a very scary experience. Travel insurance is completely optional for most countries you visit, but it’s definitely something that you should be looking to take out if you want to rest with the peace of mind your medical bills will be covered if something happens to you, and that your possessions are also covered if they go missing.

European Health Insurance Card (EHIC)

This card is available to EU residents, and it means that when you travel within the EU you are entitled to a discount on state health care (although in some cases it may be free). The card is totally free to apply for, and it’s always good to have with you when you’re traveling around Europe. You can apply for the card here:

https://www.ehic.org.uk/Internet/startApplication.do

Remember the EHIC is of no use if you’re traveling outside of the EU – so you’ll still need to take out insurance cover if you’re traveling a little further afield.