Travel Insurance for British Expatriates
It is very unlikely that you will find the best “value for money” in travel insurance at your travel agent – this is regardless of whether your agency is based in the UK or if you are an expatriate and using a “local” travel agency.
Simple economics means that the travel insurance is usually best bought over the internet and this is particularly the case if you are over 70 years of age or have a pre-existing condition which you need to have covered.
In the past, expats have sometimes been limited to taking travel from “local” insurers – there is no longer any need to do this – online coverage on a very competitive basis is now available for expatriates and others in almost all countries of the world.
There are three principle issues that should drive your selection of travel insurance:
- The adequacy of cover, particularly in the “high cost” areas such as medical cover and repatriation, cancellation, loss of baggage and personal liability.
- The cost of cover, and
- The bona fides of the insurance underwriter – the size and reputation of the insurance company which stands behind the policy.
If you are not Resident in the UK: World Nomads
Available not just to UK expatriates but to people resident in over 150 countries, with online claims and the ability to extend coverage while overseas. It can cover adventure activities such as skiing and snowboarding.