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Travel Insurance

Tips for travel insurance in later life

For many, reaching your golden years and retiring is an opportunity to spend time enjoying life and leisure activities. After working hard throughout your adult years, retirement is the time you can spend reaping the rewards of your work. The freedom and fewer time constraints of retirement mean that many older people choose to travel and see the world. So, travel cancellation insurance for the over-60s is essential.

Travel insurance policies for over-60s can be more tricky to obtain or slightly more expensive compared to ones for younger people; however, that doesn’t mean it isn’t worth finding the right policy for you. Different factors impact how expensive a travel insurance policy is and here are a couple to consider:

Duration

As you’d expect, the longer your trip, the more expensive the travel insurance policy will be. So, if you plan on making the most of retired life with several lengthy trips a year, opting for an annual policy rather than several single-trip policies may be more cost-effective.

Destination

Some destinations will incur a higher travel insurance cost than others. This is often due to whether the location is considered ‘risky’ or not, for example, is there a history of natural disasters? However, as these locations often have a higher chance of something happening, it’s definitely a good idea to pay the extra and be protected.

Itinerary

The activities you’re planning on doing during your trip can impact the price of insurance. For example, if you’re planning a more adventurous retirement holiday and want a policy that covers activities such as snorkelling or skydiving, it will cost you more. In contrast, a more leisurely trip will likely be cheaper insurance-wise. You can even get specific cruise insurance if you’re planning on taking a trip across the seas.

Personal details

Your personal details and history will also impact the price of a policy. Specifically, your age and any pre-existing medical conditions are the two most significant factors taken into consideration. If you have medical issues, it is likely this may increase the price of your insurance.

To find the best travel insurance for seniors at a competitive price, use our comparison tool.

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Travel Insurance

What are the risks of travelling without travel insurance?

Insurance has become one of the most important parts of being able to travel. From illness to lost luggage, there are plenty of reasons for you to make sure that your trip is financially covered. Read on to see just a few reasons you need the best annual travel insurance, and what you can risk without having it.

In case of illness

If you get ill abroad, you could be in big trouble. In countries such as the United States, where medical bills can weigh down on you heavily, being covered can stop your trip from being a very short journey to bankruptcy. The same applies to any countries with significant medical costs since nationalised healthcare always tends to be in place for citizens, leaving tourists out in the cold. By getting comprehensive travel insurance, you can keep everyone in your travelling party as happy and healthy as can be throughout your trip, so you can focus on the holiday itself rather than having to budget for injuries.

Lost or damaged luggage

Travel insurance does much more than just looking after your physical condition, and can be a versatile tool to cover you in all sorts of financially precarious situations. For example, if your luggage goes missing at the end of your flight, hundreds of pounds worth of valuables and clothes could go missing along with it, and that can be hard to cover whilst also paying for a holiday. With travel insurance, the financial burden of lost luggage is much lower, and you won’t have to worry in the long run.

Delayed flights

If your flight is late and you can’t make it to your final destination, you might have your entire holiday ruined. After all, your travel could be put back an entire day and you might miss out on some stunning experiences. Effective cover can make sure that you are well prepared for any eventuality, including offering Flight Delay Assistance to get you into airport lounges to make up for your disappointing delays.

If you’re interested in family holiday insurance to reduce the risk of disappointment this summer, take a look at Compare Insurance today to see a range of great insurance options.

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Health Insurance

Top factors to consider when choosing health insurance

Choosing the right health insurance coverage is essential, not just because health insurance is a legal requirement for residents in the UAE, but also because it provides peace of mind and assurance of quality medical care. However, finding the right policy can be a challenge, so here are the most important factors to consider when choosing:

Budget

First and foremost, you need to choose a health insurance policy that you can afford to pay each month. In general, the more cover the policy offers, the more expensive it will be. There are several different levels and types of health insurance for you to choose from. So, the first step is deciding what cover you need and how much that will cost. Our comparison tool is ideal for working this out, so don’t hesitate to give it a try.

Pre-existing health conditions

If you have a pre-existing health condition, such as diabetes or asthma, you may be looking for a policy that will cover your treatment. Many insurance companies will exclude existing health conditions from your cover, meaning they won’t pay for your treatment or care if it is related to this pre-existing health condition. However, some companies will cover you for existing conditions for an additional cost. So, it is worth finding out if this is the case for your condition and considering whether the additional fee will balance out the cost of your treatment.

Family plans

Are you planning on starting or expanding your family soon? This is an important factor to consider but it is often overlooked. If you are hoping for a baby, it’s a good idea to check what sort of maternity care different policies offer, as treatments for some conditions that develop during or as a result of pregnancy can be quite costly. It’s also a good idea to start your new policy before you fall pregnant, as some providers will be reluctant to cover pregnant women.

What do you want to be covered?

Finally, decide what you most want to cover. If you only want to be covered for hospital stays and inpatient treatment then a basic health insurance policy will meet your needs. However, if you want to benefit from continued care after your stay, such as quality rehabilitation or physiotherapy, you will need a higher-level policy.

For help finding the senior citizen health insurance policy for you, browse our comparison site today.

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Car Insurance Health Insurance Travel Insurance

Found a better insurance quote? What should you do next?

Whether it’s home, health, medical, travel, or car insurance, it’s important to regularly check the marketplace for quotes. Many people make the mistake of getting locked into insurance premiums because they think getting new quotes is a long and difficult process. It isn’t with a specialist insurance comparison website like Compare Insurance, as you can get a range of quotes in seconds.

But when you’ve got them, what should you do about it?

Let your insurance company know

When you find a better quote, you should tell your insurance company. It’s essential that no matter what kind of insurance policy you’re searching for that you find like for like quotes. If you can find a lower quote from another company to provide the same level of cover you’re currently getting, let your insurance company know about it. They will either try and match that offer, or they will try and offer some other incentives to keep you as a customer of theirs. In the worst-case scenario, they may do nothing, but that means you still have the option of swapping to the cheaper provider or a better health plan. This means it’s a win/win scenario for you, whichever way you look at it.

When should you look for new quotes?

It makes the most sense to start trying to find new insurance quotes towards the end of your insurance coverage period. If you signed a contract for a certain amount of time and at a certain price, there’s not much that can be done about it. When your time for renewal gets closer, however, you should start thinking about finding quotes from other insurance providers. This means you have more leverage when it comes to negotiating a fresh deal with your current provider, and it also makes it easier to transfer to a new insurance provider.

How do you find new insurance quotes?

Finding the best holiday insurance insurance quotes couldn’t be easier. All you need is a specialist comparison tool like you’ll find at Compare Insurance. Just put in your details and the kind of cover you’re looking for, and in seconds you’ll have a range of insurance quotes from many different providers. Get in touch with our team today to learn more.

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Health Insurance

What do the different types of health insurance mean?

In some parts of the UAE, such as Abu Dhabi and Dubai, it is a legal requirement for residents to have health insurance. For the majority of people, health insurance is acquired through an employer, however, that is not always the case. So, here is a guide to the different levels and types of health insurance providers available:

What levels of health insurance are there?

There are three levels of health insurance to consider when comparing policies: basic, medium and comprehensive. There are usually price differences between the different levels, but this is because they offer different amounts of cover for healthcare-related costs. In general, the more you pay, the more cover you have.

A basic health insurance policy will cover you for treatment and related costs if you’re an inpatient in a hospital. A medium-level policy includes everything covered at a basic level, as well as outpatient care on top of that. A comprehensive insurance policy offers the highest level of cover. These types of policies include everything covered at a basic or medium level, plus cover for mental health and physiotherapy. Weighing up the amount of cover you need and how much you can afford to pay is a key way of choosing the right health insurance policy for you.

What types of health insurance policy are there?

As well as a range of levels, there are a variety of health insurance policies intended to cover different people. This means you can choose between an individual, joint, family or child policy, depending on your situation and needs. For example, taking out a joint policy to cover a couple will likely be better value for money compared to taking out two individual policies. Similarly, if you’re planning on expanding your family with a child, you may want to consider a family or child health insurance policy to prepare for their arrival.

If you’d like to know more about the different types of health cover available in the UAE, contact us today. A member of our team will be happy to help you compare policies and find the best medical insurance for parents.

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Health Insurance

Understanding health insurance in UAE: what you need to know

The UAE has its own health system which is government-funded. However, it is also mandatory for UAE residents to take out health insurance, which is typically done via an employer. While this minimum-limit coverage, as defined by the government, provides useful protection in the event of illness or injury, it’s also a good idea to consider taking out a private policy in addition to mandatory insurance. Here’s why:

1) Faster treatments

With mandatory health insurance and medical coverage, you may be placed on a waiting list for treatment. During this time, your condition could get worse. With private health insurance, you can expect to be fast-tracked as soon as you make an appointment, as both diagnosis and treatment times are much quicker when attending a private hospital or clinic.

2) Private rooms

If you require a short stay in the hospital, you may feel like you want privacy during your convalescence. This is not guaranteed under mandatory health insurance. When you choose a private health insurance policy that stipulates that a private room will be guaranteed in the event of requiring a hospital stay, you can have the peace of mind that you’ll be able to recover in a more discreet and comfortable environment.

3) Value for money

In comparison to other countries, the cost of private health insurance is significantly less in the UAE. This is because things like surgical operations and treatments are cheaper. With a health insurance policy, you can expect to get the best possible treatment when you need it, without having to worry too much about the overall cost.

4) Access to more treatments and prescriptions

Some drugs and operations are not available with mandatory health insurance. To ensure access to the treatment you need, it is important to have a private health insurance policy with adequate cover.

5) Lots of options

When choosing private health insurance in UAE, you can select from policies that cover you within your city of residence, or plans that cover you for the whole UAE. If your occupation doesn’t involve much travelling, a city-wide plan could help you to save money. If you require nationwide coverage, you’ll be able to find a health insurance plan that suits your lifestyle.

If you’d like to know more about health cover in UAE, please feel free to contact us today. A member of our team will be happy to help you find the most suitable deal.

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Categories
Car Insurance

Why is fully comprehensive car insurance so popular still?

Car insurance is an essential that everyone must have to legally drive around. There are a few options to think about here and fully comprehensive cover is enduringly popular still. While other types of policy (such as 3rd party) might look appealing, fully comprehensive cover comes with some unique benefits. But what are they and what does this sort of top car insurance companies include?

What is fully comprehensive insurance?

Before we look at why so many people choose this type of cover, it is worth clarifying what it comes with. As the name suggests, this type of car insurance gives the most protection to your vehicle. If you take out this sort of policy, you get protection for any damage you cause to other people and other vehicles plus cover if your car is stolen or damaged in a fire. It also gives cover to the car driver and pays out for damage to your own car.

But why do so many people choose this auto insurance still?

Peace of mind

Although insuring your car is a legal necessity, it also gives peace of mind when out on the road. Fully comprehensive cover is the highest level you can get and this means you can get behind the wheel without any worries. You know that you are covered in any eventuality and have protection to fall back on – whatever may happen. This allows you to focus solely on driving and not worry about something happening which your insurance will not cover.

Better value overall

There is no doubt that this type of insurance will cost more to take out at first. But it can actually work out better value – especially if you shop around for the best deals. You might think taking out a less expensive annual policy saves you money but it won’t if an accident happens which it does not give protection for! Comprehensive insurance, however, covers you against most things and can save you money on paying out for expensive repairs.

Can come with handy extras

Some fully comprehensive policies will come with cool extras, as a reward for taking out the highest level of cover. These might be things you would have to pay for separately otherwise or not be able to afford. While all policies differ, things like breakdown cover are common add-ons. As with getting the best value, the key is to shop around and find a fully comp policy with the extras you want.

Shop for car insurance with Compare Insurance

As noted above, shopping around to get cheap car insurance online is a smart move. Here at Compare Insurance, we bring together all the best deals from all the top insurers in one handy place. Browse our site for the best deals today or contact us for more help.

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Car Insurance

What you need to know about car insurance for new drivers

There is nothing like the exhilaration of finally passing your driving test and knowing that the roads are your oyster. The thrill of searching for your first car of your own is an exhilarating feeling. However, the ecstasy can be tempered when considering the costs that may be associated with the best auto insurance companies for new drivers.

As newer drivers tend to be considered more of a risk by insurance companies, car insurance premiums can be higher for those who have only recently passed their test. Younger drivers under 25 may also find that premiums are higher than for older drivers who have just passed their driving tests. Furthermore, new drivers will not have been able to build up a No Claims Discount, which would otherwise reduce their premiums.

So, what are some ways to find the best deals on car insurance for newer drivers?

Opt for a car that is less expensive to insure

Some cars are more expensive to insure regardless of how long you have been driving or the age of the driver. Before you purchase a car, use a comparison site to check the potential costs of your insurance premiums.

Choose black box insurance

A black box is a small device that is installed in a car and monitors the safety of the driving and the amount of mileage done. Generally, black box insurance can be cheaper than other types of insurance and is a great option to consider for new drivers looking for affordable premiums.

Select a larger excess

Most insurance policies come with a standard excess which is the amount that you would need to pay in the event of a claim before the insurance company covers the rest of the claim. In choosing a larger voluntary excess, you would have to pay more if you needed to claim but you may also decrease the cost of your insurance premiums, saving money.

Use a trusted comparison site

Using an insurance comparison site can help you to find the best deals for you. This will allow you to find an affordable quote that ticks all the right boxes in what you are looking for. With a range of options to choose from, a comparison site makes it significantly easier to select the type of insurance that you want within your budget.

For all your insurance comparison needs, please visit us at Compare Insurance and insure my car.

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Travel Insurance

What you need to know about travel insurance this summer

After months upon months of lockdown restrictions keeping aspiring travellers from jetting off on holidays, it looks like a summer holiday may finally be more of a reality than a pipe-dream. The government is set to announce which countries are on their green list and which ones are no-go zones, allowing you to book your trip.

If you are thinking of booking a summer trip for yourself and your family, adding comprehensive travel insurance is now a necessity. So, what should you look for in an insurance policy if you intent to travel abroad this summer?

COVID-19 cancellation cover

Some insurers are currently offering full cover in the event of a COVID-19 related cancellation. This can include circumstances that require you to self-isolate because of testing positive for the virus or if the country you are due to visit changes its rules.

Most insurance policies now cover you if you test positive for coronavirus while you are away on your holiday, but you should always double-check the terms and conditions to be sure of exactly what they offer. Some policies will cover your medical bills while you are in a foreign country, while others will also repatriate you to the UK in the event that you catch COVID-19.

What else is important in a travel insurance policy?

Aside from COVID-19, there are still many other things that you may need to think about when you are booking your summer holiday. One of the most important points to consider is the level of protection in the case of an illness or injury while you are away. Of course, nobody wants to think about their holiday being spoiled in this way, but it is always better to be safe than sorry and it could save you a significant sum of money.

Additionally, ensure that you have adequate cover in the event of lost luggage or if your belongings are stolen. This will give you peace of mind and reassurance that, no matter what happens, you will not be left out of pocket.

To find the best deals on your policybazaar travel insurance, please visit Compare Insurance.

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Car Insurance

Which type of car insurance is best for you?

The world of car insurance brokers can be confusing for the uninitiated. With an array of choices, including comprehensive cover, third party, fire and theft and third party insurance, it may prove daunting when you come to select which is the best for you. When you also add black box policies and decisions about excesses into the mix, that can complicate it even more.

This helpful guide simplifies the process, allowing you to pick the perfect cover to suit your needs and car insurance cost.

Third party

This type is the minimum standard of cover required under the law. It covers injuries to others, including any passengers or damage to other people’s vehicles that you cause.

Third Party, Fire and Theft

Similar to Third Party insurance, this covers damage to your car in the event of a fire, theft and, with some policies, any damage caused if there is attempted theft of your car.

Comprehensive cover

Comprehensive cover includes all the benefits of Third Party, Fire and Theft, with the bonus of paying for claims if other people are injured, or their cars are damaged in an accident you are involved in. This type of insurance will cover medical expenses too. Additionally, it generally covers accidental damage to your vehicle and allows you to claim if the contents of your car get stolen.

What is “black box” cover?

Black box insurance works by installing telematics equipment into your car. This equipment monitors your driving behaviours. It will record data such as the safety and speed of your driving, how well you take corners, the times when you are on the road and the length of your journeys. Based on this information, the cost of your insurance is calculated. Safer drivers will save money.

All about the excess

The excess is the amount of money you pay out of your own pocket if you need to make a claim. Excess can be compulsory, in which case it is determined by the insurance company and will be a set amount that you will have to pay before the insurer pays for the rest of the claim. However, it can also be voluntary, and you can decide how much you want to pay in the event of a claim. Generally, the higher the voluntary excess, the lower your premiums will be.

To find the right car insurance policy for you, contact us at Compare Insurance.

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