Travel is such a large industry that in most major cities, a travel agency is probably no more than a 15-minute drive away. And when it comes to insurance, most of us can get covered for about the price of a pair of shoes. But that doesn’t mean it’s safe to grab the first policy that comes along. True, you should compare the market travel insurance rates for the day, but it’s also worth asking what these rates get you. All it takes is a stroke of bad luck for a ho-hum policy to become an expensive, stressful nightmare. Here are some things you should never scrimp on in travel insurance.

Medical cover: Consumer groups suggest about $500,000 worth of coverage for trips within the continent, and up to $1 million elsewhere. This applies to U.S. and U.K. travelers, and will cover illnesses and accidents that occur during the…

In most ways, older travelers have it good: they get priority boarding on planes, senior-citizen discounts, and all sorts of special treatment on the road. But one thing that’s often overlooked—and usually hits them in the face come summertime—is the higher price of travel insurance.

Travel insurance over 65 is expensive, not to mention complicated. If they are covered at all (as some companies simply turn down anyone over that age), the premiums can double compared to travelers in their thirties. After that, the prices go up further in ten-year increments, sometimes five.

Insurers point to the higher risk entailed by older travelers, particularly medical claims, which cost them the most. In other words, older people are more prone to disease and accidents. The insurance industry is concerned with averages—even if you can outrun your twenty-something niece at 70, they simply count you among the thousands of frail 70-year-olds…

Before you set out on your family holiday there are many things to prepare. Your checklist usually includes what you need to pack, things to keep the kids occupied and organising transport to the airport.

What you may not have considered is one of the most important items of all. For peace of mind you should make sure you organise travel insurance as for your holiday.

Making sure you have the proper travel insurance for  your trip is important so that your family are covered in the event of accidents and theft during your holiday.

Annual can be purchased for longer periods of time, should you be making multiple trips during a short period of time.

There are a number of different travel insurance policies depending on the length of your trip from annual cover to monthly.

Annual insurance is often a cheaper than…