It’s a nightmare scenario, but one that’s not totally without precedence Imagine you’re abroad and are responsible for a stranger’s injury, or damage some property by mistake

Increasingly, banks and credit cards are offering a selection of free perks to try and get additional customers There are all kinds of incentives, but the one I hear most about (for obvious reasons) is the free travel insurance

Apparently one in ten British people have committed travel insurance fraud Sure, most will have made exaggerations, rather than having claimed to have been robbed of their million pound winning lottery ticket, but its still a substantial amount of lies

If you are going backpacking on your gap year, you’ll naturally want cheap holiday insurance, the cheapest that you can find After all, you want to spend the money you’ve carefully saved up on your adventure abroad and the souvenirs to take back home, not on something dull like travel insurance that you’ll probably never use

Everyone is always looking for ways to get cheap travel insurance for their holidays abroad, but many people miss the most obvious way to make big savings – annual travel insurance Buying an annual policy rather than numerous single trip policies is normally much more cost effective and convenient, and it often brings numerous other benefits as well

Travel insurance can save you a world of trouble when you are travelling abroad, covering unexpected costs and medical bills when something goes wrong But when it comes to buying travel insurance or trying to make a claim while abroad, there are some very common errors that you see repeated again and again: here are five of the biggest travel insurance mistakes that you can make: Only looking at the price when buying… There is plenty of good cheap travel insurance out there, providing decent cover at low prices, but you should thoroughly review the small print before you buy

People should always read the small print on travel insurance policies It is advice I’ve given many times, but I still hear of people being surprised when their policy doesn’t reimburse them after they make a claim

With the widespread availability of cheap travel insurance, there is no good reason to risk travelling uninsured There are plenty of accidents that can befall the unlucky traveller abroad, and if you have insurance, these accidents will likely be minor inconveniences – if you don’t, they could turn into expensive disasters

Whether it is a brief visit to another part of the country or a week long trip abroad, business trips to visit critical clients and other important companies are a vital part of keeping any business running successfully; and for every trip, you’ll need some kind of business travel insurance If you only have to travel every once in a while, single trip cover may be sufficient, but if you travel many times each year you’ll want to invest in some annual business travel insurance

So you’re getting global travel insurance, and you’re up to the pre-existing conditions section You’re probably wondering whether you should declare and play it safe, or whether your predisposition to the sniffles is something to be brought to their notice

Child safety abroad has been in the news lately, and there’s a very real paranoia in travelling with kids Travel insurance for children is a good precaution, but won’t protect against abduction or worse, so what should parents do

For many years, travellers from the UK have enjoyed the benefits of cheap travel insurance when they holiday abroad With worldwide travel insurance available for only a few pounds for a single trip and companies offering fast booking online, getting insured has never been easier or cheaper

Holiday insurance is complicated; I’m not going to deny it There’s such a huge range of policies across companies and price ranges with such subtle differences that it can be a real struggle to stay on top and know which is for you

Cheap annual travel insurance is hugely popular amongst UK holiday goers, allowing them to travel when and where they wish without having to worry about booking travel insurance for every single trip Many people assume that their cheap travel insurance will cover them against every eventuality, but this isn’t the case

With cruises growing more and more popular, people are more concerned about things going wrong on their travels That many people in one place seems like an ideal opportunity for thieves, and this combined with the risk of needing medical attention at sea can be off-putting

Between the awe inspiring sights of Peru, the brilliance of ‘Carnaval’ in Brazil and the sense of adventure in Argentina, South America has a huge amount to offer travelers of all ages and experience, but many are put off by the dangerous reputation the area has The truth is that the majority of travelers have their trip and come back with no bad experiences and a selection of unforgettable memories

With cheap travel insurance available more widely than ever before, the vast majority of travellers will buy some kind of insurance policy before they go away But how many people actually know what they are buying

Every year, millions of people go skiing around the world, and despite the wide availability of cheap ski travel insurance there are still many who travel without full cover There are plenty of things that go wrong on a skiing holiday, ranging from injury and equipment loss to bad weather and cancellation costs, and while it’s easy to say “it won’t happen to me”, you can face enormous costs if run into trouble without insurance

If you are preparing to disappear around the world on a gap year adventure, finding cheap travel insurance, researching the laws of a country and drawing up an itinerary to give to friends and family are probably some of the furthest things from your mind, but they shouldn’t be Gap years are all about adventure, building experience and getting some great memories, but a holiday that lurches from one disaster to another will provide adventure of a very different kind and give you the kind of memories that you’d rather forget

Many people are still tempted to scrimp on travel insurance, especially with short trips or visits to “safe” destinations But with cheap travel insurance now so widely and easily available, there’s really no excuse to travel uninsured, especially given how common insurance claims are for certain destinations