Insurance should be one of the first things on the list when you are going on holiday. Relatively cheap and easy to purchase online, it can save you an absolute fortune if you run into difficulties. However, despite the dangers involved in failing to take out proper insurance, so many people end up either leaving it to the last minute and then forgetting or, even worse, failing to take it out altogether because they deem it unnecessary.
If you have an accident while abroad and require medical treatment, the costs can be astronomical. Even for something which seems relatively minor, the costs can soon spiral into the tens of thousands of pounds. Horror stories regularly appear in the papers about adventurous gap year students who set off on an adventure, have an accident and end up forcing their parents to sell the house in order to pay for the medical fees. And yet, even with such stories proving frighteningly common, some people still refuse to take out insurance.
But although medical cover is by far the most important aspect of travel insurance due to the expenses involved, travel insurance provides cover for so many other events which could, and regularly do, arise on a trip. If you become injured and need to cancel your trip, if you miss the flight due to factors beyond your control or if you lose expensive items whilst travelling, travel insurance will cover all of these (and often for a lot less than many people realise).
What To Do If You Forget
Ideally, travel insurance should be purchased at the same time as you buy your travel tickets and book your accommodation. This way you will be covered for any cancellations that occur and will not have to worry about any disasters which could unfold that will see you lose a lot of money. However, in the excitement of preparing for a well-needed holiday, things get put off and forgotten about, and before you know it you can find yourself failing to enjoy the first night in your hotel because you have completely forgotten about insurance.
However, all is not lost.
It is true that many companies will insist that you purchase your insurance policy whilst you are actually in your country of residence. There are strict rules on this, and if you pretend to be at home when you purchase the policy and then end up making a claim, there is a good chance that it will be denied. Insurance is there to allow you to enjoy your holiday without worrying about what could go wrong. In other words, don't attempt to claim you are still in the UK in order to buy a travel insurance policy if you are already abroad.
However, some policies exist that allow you to purchase insurance from wherever you are if you manage to forget. These are not common, and are only provided by a very few select insurance providers, including World Nomads.
Renewing A Policy
Do not confuse purchasing a policy whilst abroad with renewing your policy, as these are two very different things. Many providers allow you to renew your policy if the cover is coming to the end and you want to increase the length of your stay, perhaps as a result of a change of plans, and this can quite easily be arranged through a quick phone call.
However, when renewing a policy you should not wait until it has come to the end as you will then have to purchase a new policy entirely. A few companies will allow you to purchase a new policy from abroad if you have come to the end of your current policy. However, most companies will stipulate that they will only do this once, and it should not therefore be considered an effective means of purchasing insurance from abroad.