Basic tips When hiring your travel insurance.

Basic tips When hiring your travel insurance.

Travel insurance is still one of the great absentees in the suitcase of the world's citizens. Almost half of international travelers have never hired travel insurance, only 12.72% declare hiring a travel policy on a regular basis when booking their vacation.
Ignorance of the advantages of this product or the varied coverages that may be included may be some of the reasons for your non-hiring. Now, before you sign up for an insurance policy of these characteristics it is important to have certain things clear to make the product wrong.

Don't miss a lot of time!
Travel insurance you have to hire before the trip begins. Once started no company will sell you one of these insurance policies. Each company sets the deadline on which you can hire certain coverages. Thus, the cancellation of travel must be hired between 24 and 72 hours before the start of the trip while the medical assistance could be signed on the same day.

Check the medical expenses limit
One of the coverages you have to set when choosing a travel insurance is in the medical expenses. The maximum amount covered is a factor that can make the policy more expensive because it is not the same to have a coverage of $2,000 that of $1 million.
Broadening the coverage limit for medical expenses depends on the country you travel to. For example, the United States has no public health, so it is recommended that insurance coverage and medical expenses be as high as possible.

Fits the insurance to your traveler profile
There are different types of travel insurance that adapt to the different traveler's profiles. If you are only going to make a trip a year you should not hire the same as or if you are going to do several. It is also not the same to go on vacation to travel for business or studies. Depending on the type of trip you are going to make or its duration the insurance that best suits you is not always the same. Make sure you hire the right one!

Care when practicing risky sports
The reason for many trips is often, for some, the practice of extreme sports. As is often the case in most life or health insurance, accidents arising from the performance of these activities are out of range.
In these cases it is best to also hire an adventure insurance policy or extreme sports that has coverage such as location and rescue or rehabilitation.

Avoid duplicating coverage
It is very important that before you hire travel insurance you check the coverages that include other policies such as health or accidents. On many occasions, insurance offers coverage outside the borders.
Yes, look at the limitations because, in the case of health insurance with foreign assistance the maximum economic limit is usually $10,000 and when the displacement is not greater than 90 days.

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How much it costs to secure your home against all damage.

How much it costs to secure your home against all damage.

Securing the home is one of the main concerns you should have if you want to protect your heritage. All-risk Home insurance offers a policy that will help you cope with eventualities that are never exempt. These work by providing coverage for the property you own within your home and, generally, the coverages included within these policies are as follows:


Against events of nature: Includes losses and damages caused in your property by earthquakes, hailstorms, avalanches, tidal waves, windstorms and other natural phenomena.

Fire and all allied hazards: such as water damage inside the building, damage to electrical networks, etc.

Against theft: If you become a victim of theft of any kind, even if it was an act involving the use of force and violence, it may also be covered by the insurance policy, medical expenses generated to the people concerned.

Non-contractual family liability policy: that is, it covers all damages that may be caused to a person within his property, either because he does not have the appropriate physical conditions or for modifications that are carried out within the property.

Damage or theft of jewellery furniture, installations such as bathrooms, kitchens, household appliances, electronic, among others.

Protection against strikes, riots, asonadas, civil commotion, and malicious acts to third parties.

Loss of rent or temporary accommodation.

Home protection: These are all expenses such as plumbing, electricity, locksmithing, glass breaks, etc.

How much to pay

Keep in mind that you should not skimp on costs at the time of value to ensure, since the subsequent payment of the insurance premium will depend on the amount of goods listed: A greater amount declared, higher premium.

Generally, the estimated rate starts from 1.5 per mil. This figure will vary depending on the insurer, the area in which the home is located, the characteristics and value of the property, and the value of the contents within the ownership.

For example, for a property of $400 million, which ensures for $50 million appliances and other furniture, the final value of the policy against all serious risk of approximately $1 ' 100,000.

Even, there are some insurance companies offering the possibility to pay in 3 to 4 uninterested fees, or up to 12 fees with interest.

The value of the deductible, i.e. the percentage that would pay the user, varies according to the insurer and the type of loss. But on average it is 3% of the insured value in real estate, and 10% in electrical and electronic appliances. The lowest is 3 minimum wages in force on average ($ 1 ' 389.000).

How to buy

It is best to go to an insurance broker duly accredited by an insurer, or directly with an insurance company.

Ask all the questions that arise and find out well what the insurance covers and what does not cover. Also, reading well the exclusions will save you future headaches, knowing the extent of your coverage.

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