When researching the policy best suited to you, it helps to have a checklist of questions to ask yourself. They may seem obvious, but in a market flooded with very similar policies, it’s important to maintain a clear focus. So consider the following questions:

What type of insurance do you need?

Travellers with different objectives have different needs. For example, a student going to Europe for a year has vastly different insurance needs than that of a family planning a three-week getaway to New Zealand. Given the time constraints, the family may look for a policy that provides higher benefits for cancellation costs and travel delays.

Where are you going?

Take into consideration the medical and legal costs in your destinations as they will vary significantly between countries. As a guide, the USA, Canada and Japan are generally the most expensive in this regard.

How old are you?

Older travellers will naturally pay a bit more because of health risks that increase with age. Look into policies in advance because people over a certain age may struggle to find cover. Shop around and compare the premiums - and consider if you the insurer requires you to have an assessment before a policy can be provided?

Do you have a pre-existing medical condition?

Pre-existing medical conditions are typically defined as any medical or dental condition for which you have received treatment or advice within a certain time prior to the issuing of the policy (the specified time will depend on the policy and insurer). Severe conditions may necessitate additional travel insurance premiums.

What will you be doing while you’re away?

Your activities while you’re away will affect your insurance. Whether you are travelling light or carrying expensive equipment, taking it easy or planning an itinerary of extreme sports, everything has a bearing on your travel insurance policy and level of cover.

This is general advice only and does not take into account your individual needs, objectives or financial situation. Before you buy any policy, make sure you read the product disclosure statement.