Why Buying Travel Insurance Online is Easy
The travel industry is evolving. There are new markets emerging, and many products and services are now available online. The Gig Economy is making a huge difference and ecotourism is on the rise.
The travel insurance sector is also fast keeping up with these trends in the travel industry. Due to a huge increase in the level of global tourism, the travel insurance market is expected to be worth more than US$35 billion in 5 years. There is a rising demand for insurance among travelers, and with that, insurance companies are also adding their value-added services.
One of the biggest trends in travel insurance is purchasing policies online. There are only a few insurance providers who offer this service. When you buy travel insurance online, you can get your insurance in minutes with a few simple steps.
What are the advantages of buying travel insurance online? Here are five compelling reasons why it is easier:
1. You will get excellent, comprehensive coverage.
Not many travel insurance companies offer exceptional coverage, offering them to a vast market within the UK, European Union (EU), the European Economic Area (EEA) and Australians, New Zealanders, and South Africans who live in the UK or Europe. An excellent coverage will have multi-trip policies with trip durations of up to 120 days. They also usually provide annual policies for clients up to 79 years of age. Clients can also buy online even if they have already started traveling.
2. You get to save money.
Getting travel insurance online will help you save money. For instance, children are usually free on annual multi-trip products. When you purchase your travel insurance, companies cover a lot of activities as standard. Policyholders also don’t need to pay and an additional amount for pre-existing medical conditions such as high blood pressure, gastric reflux, diabetes, glaucoma, and others.
3. You save time.
You save a lot of time when you get coverage online. This is ideal for busy individuals. You can easily get a quote and complete the transaction within a couple of minutes. You can expect your policy to be delivered quickly via email. Existing customers can also renew their policies online.
4. You get to customize your policy.
When you purchase travel insurance online, you get exactly what you need through the customization option. You can opt to add extra coverage for extreme sports and hazardous activities. You can also add extra coverage for your valuables, cancellation, excess waiver, and a return home option. This is a great way to ensure that the policy is tailored exactly to your needs.
5. You get 24/7 emergency assistance.
Top-notch travel insurance providers provide emergency assistance service 24 hours a day, every single day of the year. This is beneficial if you get injured or sick while you’re traveling. This service will help you and will connect you to your insurance provider, your doctors, and your family members. They will make sure that you receive the proper treatment and assistance that you need.
