Minus/plus icon
ResourcesExplore the full ACKO experience and make the most of your plan

Home / Travel Insurance / Articles / Travel insurance tips: How to choose the right travel insurance policy

Travel insurance tips: How to choose the right travel insurance policy

Team AckoFeb 27, 2024

Travel insurance is like a trusted sidekick, always there for you if things go wrong on your trip. However, choosing the best policy can take a bit of work, given the abundance of options. But don't worry, we've got your back! We've put together some super helpful travel insurance tips on how to choose the right travel insurance. By following our guide, you'll be able to make an informed decision, and have peace of mind while travelling.




10 tips to choose the right travel insurance

Here are some tips for buying travel insurance to help you make an informed decision.

1. Duration of policy

Make sure the policy covers the entire duration of your trip. For example, if you're taking a two-week vacation, make sure the policy covers the full two weeks, not just the first week.

2. Claim limit

Before buying a travel insurance policy, it's important to check the claim limit of the policy. The claim limit is the maximum amount that the insurer will pay out for a claim. Make sure the claim limit is high enough for your needs. You should always err on the side of caution.

3. Type of policy

There are different types of travel insurance policies, such as single-trip and annual policies. Single-trip policies are great if you're only taking one trip per year, while an annual policy can be a cost-effective option if you're a frequent traveller. Make sure you choose the right type of policy for your needs. For example, if you're a backpacker or a digital nomad and you travel frequently, an annual policy may be a better option for you.

4. Consider the type of trip and activities

When choosing your travel insurance, think about the type of trip you're taking and the activities you'll be doing. For example, if you're planning a backpacking and trekking trip, make sure you have coverage for associated adventure activities such as paragliding.

5. Check coverage provided

Before you buy any insurance policy, take a good look at what's covered. You'll want to ensure your policy includes coverages like trip cancellation, medical expenses, and emergency evacuation.

6. Consider the exclusions

It's important to know what is not covered in the policy. For example, make sure to find out if the policy excludes coverage for pre-existing medical conditions or is it an inclusion. It's better to be safe than sorry, and knowing the exclusions beforehand can help you make an informed decision and apply for a claim accordingly.

7. Compare prices

Don't just go with the first policy you see, shop around! Compare prices from different insurers to make sure you're getting the best deal. It's always better to save some money while still getting the coverage you need.

8. Read the fine print

Before you buy any insurance policy, make sure you read the terms and conditions carefully. This will give you a better understanding of what you're signing up for.

9. Check for additional coverage options

Some policies may offer additional coverage options like coverage for adventure sports, terrorism or political evacuation. Therefore, be sure to look into any additional coverage options that might be helpful for your trip.

10. Check online reviews

Spend some time browsing through customer reviews. This activity will let you know how supportive the insurer really is when it comes to fulfilling their promise of providing financial assistance in case things go wrong on a trip. 

Balance travel insurance coverage with the cost

Less coverage with a low-cost policy defeats the purpose of saving money during a crisis. Also, spending carelessly for all kinds of coverage, which might not be needed, is also not a good idea. Go through the following points and achieve a balance of coverage and cost while insuring your trip. 

  • Trip cancellation: Unexpected events such as natural disasters, illness, or family emergencies can force you to cancel your trip. A good travel insurance policy will cover the cost of your trip if you have to cancel your plans.

  • Medical emergencies: Medical expenses can quickly add up if you fall ill or have an accident while travelling. Pick a policy that covers the cost of your medical care, including emergency evacuation if needed.

  • Lost or stolen belongings: No one wants to think about their belongings getting lost or stolen while travelling, but it can happen. Ensure buying a policy that covers the cost of replacing your belongings.

  • Additional benefits: Some policies may offer additional benefits such as coverage for flight delays, lost or delayed baggage, and trip interruption. 

  • Peace of mind: With the right travel insurance coverage, you can have peace of mind while on your trip, knowing that you're protected in case of unexpected events.

In conclusion, while cost is an important consideration when choosing travel insurance, it's important to also prioritise coverage. A little extra investment in a good travel insurance policy can go a long way in protecting you and your trip.

Putting it all together for the perfect travel insurance policy

In conclusion, travel insurance can be a lifesaver, but choosing the right policy can be challenging. However, by following our tips and considering things like the length of coverage, type of policy, and coverage offered, you can make a smart choice. Additionally, don't forget to check for exclusions related to COVID-19. Now that you know how to choose the right policy, you can focus on the fun stuff and enjoy your next adventure with confidence.

Frequently asked questions

The most common queries about how to pick the best travel insurance have been addressed in this section.


How do I choose the right travel insurance policy?

When choosing travel insurance, it's important to consider the duration of your policy, the type of policy that's most suitable for your needs, and the coverage provided. It's also important to check for exclusions, compare prices from different insurers, and check the claim limit and the claim settlement ratio of the insurer.

What is an annual policy?

An annual policy is a type of travel insurance that covers you for multiple trips throughout the year. It's a cost-effective option if you're a frequent traveller.

What is a single-trip policy?

A single-trip policy is a type of travel insurance that covers you for a single trip. It's great if you're only taking one trip per year.

Is it better to buy travel insurance when I book my trip or later on?

It's generally better to purchase travel insurance at the same time as you book your trip. This way, you can be financially compensated in case you have to cancel your trip. 

I'm only taking a domestic trip, do I still need travel insurance?

While travel insurance is not strictly necessary for domestic trips, it can still provide valuable coverage in case of unexpected events. These unforeseen occurrences include things like travel cancellations, medical emergencies, and lost or stolen property.

Can I purchase travel insurance if I am suffering from a pre-existing medical condition?

It depends on the policy. Some policies exclude coverage for pre-existing medical conditions, so it's important to check the exclusions of the policy before purchasing.

Will travel insurance cover my trip if I have to cancel it due to COVID-19?

It depends on the policy and the reason for cancellation. Some policies may have specific exclusions for cancellations related to COVID-19, while others may offer coverage for trip cancellations due to COVID-19 under certain circumstances. Furthermore, certain policies might also include specialised protection for COVID-19 and quarantine-related emergency medical costs. For this reason, it's essential to read the policy and comprehend the coverage prior to making a purchase.

Explore More:

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making any related decisions.


Want to post any comments?


Ensure a safe trip with a comprehensive travel insurance plan.

Travel insurance plans starting @ ₹10/ per travel day*

quote icon

Get Quote

quote icon