I have been having a bit of a frustrating and confusing experience with one of my clients regarding the travel insurance option provided through AirAsiaX website and what portion of her two tickets it actually covers which has prompted this topic today.

Travel insurance is a very important part of any holiday (particularly when going overseas) and the saying “If you can’t afford travel insurance, then you can’t afford to travel” is certainly a very valid one. You just don’t know what can happen once you are on the road and with the natural disasasters we have witnessed in the past few years causing massive travel delays and disruptions, the fine print of policies certainly need to be read well so you know exactly what coverage you have.

With that said though, the cost of travel insurance does seem to have sky rocketed in the past years which means shopping around to find an affordable policy that covers your needs has become more of a challenge.

We personally have a very comprehensive policy through our ANZ Platinum Visa card that only requires us to spend $250 on any part of our holiday before we travel, so airfares, hotels, car hire – whatever to do with our holiday and the policy is activated to cover all 4 of us.

So, check if you have any insurance cover with your existing credit cards or it could be worth joining up with a card that has a travel insurance policy to save some money when you next travel.

Other places to research for good value is with any other companies you already have car, home, contents and health insurance policies with as you get discounts for having multiple policies with many companies.

What are your thoughts and experience with travel insurance?