When planning a trip to Europe, most people only worry about transportation and accommodation. However, the importance of the travel insurance plan is often overlooked. Such an insurance policy should be considered even before booking the flight and the hotel, as it assists you with financial emergencies during the trip.
A travel policy provides cover for medical emergencies, lost luggage, canceled trip, and many other benefits. You can buy it online, as it is the most convenient and fastest way of purchasing insurance policies these days. However, before you buy the policy, it is important to know about the different benefits of an early investment.
Why you must buy travel insurance before booking the flight
There are various reasons to buy an insurance plan before you purchase the flight tickets to Europe. Here are the two defining reasons:
- Major European countries require travel insurance
The type of travel insurance you need depends on your destination. Depending on the type, you have to decide when to buy the policy. If you are visiting any of the 26 countries in the European Union, known as the Schengen Area, you need to buy the ‘Schengen Travel Insurance Plan’ even before applying for a visa. Your Schengen Visa application will not be approved if you do not have the required insurance policy. You have the options to buy multi-trip or single trip insurance policies, depending on your travel needs.
- Early purchase gives you a cost-effective deal
If you purchase the policy too late then you will have to pay an additional amount, which can be easily avoided with an early purchase. Hence, the smartest thing to do is to buy the insurance policy at the time of booking your flight tickets. It is recommended that you use the online insurance platforms to easily compare the available policies and find one that is most affordable when bought early.
The process of buying travel insurance
You can buy the policy from the website of your preferred insurance company. Make sure that it is the best insurance provider you can find to ensure purchasing an effective and all-inclusive policy.
To buy the policy, follow these steps:
- Select your plan
- Provide information regarding yourself and the trip
- Provide any additional information required before paying through the insurer’s online portal
After you complete the procedure, the insurance company will email you the policy document. Always remember that travel insurance for Europe is an integral aspect while planning your trip there. So, consider it as a priority and buy the policy before you start booking your air tickets.