Set the scene for us…You’ve finally discovered where you’re going for your year abroad, and you’re starting to think about the date you should go out there, what you should do with your summer holidays (both before and after), and maybe even booking flights, courses or accommodation. But have you got your year abroad insurance yet? If you think you’ve got ‘free cover’ from your university, make sure you know exactly what it includes and compare it against other offerings.
Click here to find out about the ins and outs of university cover…
What is year abroad insurance?You can find year abroad insurance to cover you from the beginning of your Easter holidays until the moment you come back to university for your final year. A good insurance policy will be designed specifically for year abroad students and will cover you working, interning, studying, teaching, volunteering or holidaying anywhere in the world for up to 18 months during that time. You should also be able to travel home as many times as you like!
Can I just get normal travel insurance?Of course! But we would suggest that you consider insurance that is created specifically for year abroad students, as the insurer will have experience of, and included specific policy benefits to cover many of the problems and pitfalls that students have faced in your position. It’s vitally important to compare and contrast what policies are offering you so that you’re aware of the extent and limitations of the cover.
When should I buy my year abroad insurance?You should buy your insurance well before you start your trip, preferably at the time you commit any money to travel-related services that could be cancelled. That way you will have ‘cancellation cover’ in place, which is essential for your financial protection should you (or someone else) have to cancel or rearrange your flights, accommodation or transport before departure.
What is cancellation cover?If you have to cancel, alter or delay your trip, the cancellation cover will protect you against financial loss in respect of items you have already paid for or are contractually required to pay.
How could NOT having cancellation cover affect me?Here are a few examples…
If you book your flights and they are cancelled (think: snow, terrorism, strikes or delays) or you have to cancel them (think: illness – yours or a close family member’s) you will lose your money unless you have bought cancellation cover first.
If you pay for accommodation in advance and you can’t go, you will lose whatever you are contractually required to pay unless you have bought cancellation cover first.
If you book any holidays before or after your year abroad (like a celebratory post-exam package trip) and you can’t go, you will lose whatever you are contractually required to pay unless you have bought cancellation cover first.
Thanks Richard, that clears things up! Click here to find out more about YearAbroadInsurance.com.