Buying travel insurance: Here are the 5 things to keep in mind

The length and distance of the trip very much determine the cost of travel insurance policies. For a small trip, the coverage would be less. However, for a long and distant trip, the price would be more.

If the destination of the trip is known to be a high-risk zone or is famous for adventure activities, the premium of the policy may increase.

According to BankBazaar, customers should always evaluate the level or amount of coverage they require for the trip they are undertaking. Depending on the duration of the trip and the activities they have planned, they should choose the coverage accordingly. For a leisure trip, one can choose a policy with lower coverage. However, a thrilling trip would require a policy with higher and wider coverage.

Travel insurance policy might have restrictions regarding their coverage as well.

Before purchasing a policy, customers should declare any pre-existing medical condition to the insurance provider. Non-declaration could make the claim invalid.

Customers should also consider riders as most travel policies may not cover costly articles such as electronic items and ornaments. In these cases, travel policy riders may be helpful.