JET OFF: How to Save Big on Your Holiday with Martin Lewis’ Tip
We’ve all been there - booking a holiday and then realizing we need to fork out even more cash for travel insurance. But what if we told you there’s a way to save big on your holiday and bag some extras too? Thanks to a handy tip from Martin Lewis, one couple managed to save a whopping £695 on their holiday and got some fantastic extras thrown in.
The Importance of Travel Insurance
Whatever type of holiday you’re planning, you know it’s essential to take out travel insurance in case anything goes wrong. It helps you claim if you need emergency medical treatment while abroad, and also covers you if your luggage gets lost or belongings are stolen, or if you have to cancel a trip due to death, illness, or bereavement.
The Martin Lewis Tip
Martin’s money-saving team suggested that budding holidaymakers could take advantage of combined phone and travel insurance deals. Currently, Nationwide is offering £160 a year to cover all your smartphones - of any age - and you could get quality travel and breakdown cover too.
“I read your article about mobile phone insurance which gave info on Nationwide. By opening this account, my husband and I saved £695 on our travel cover, and have breakdown and phone cover also. Thank you.” - Jane
How to Find the Best Travel Insurance
Travel insurance can be purchased from travel agents and holiday companies when you book, but there is no obligation to take this. Banks, supermarkets, and insurance companies also offer travel cover, and a comparison website can help you find the best product for your needs.
You will need to provide the names and ages of all travelers, the destination, and any medical conditions. Results can then be filtered based on the level of cover and the excess you want to pay.
Comparing travel insurance policies
Getting Cheaper Travel Insurance
The main costs associated with travel insurance are your premium and the excess. You can reduce the premium by offering to pay more excess. This will lower the upfront costs of your policy but means you will pay more if you need to make a claim.
Understanding travel insurance costs
Conclusion
With a little know-how and some clever planning, you can save big on your holiday and get some fantastic extras thrown in. So why not take Martin Lewis’ tip on board and start planning your dream holiday today?
A dream holiday awaits
