As more Irish holidaymakers prepare for summer getaways, experts are urging travellers not to overlook travel insurance — a modest expense that could prove critical in protecting against unexpected setbacks.
Whether it’s a weekend city break or a months-long adventure abroad, travel insurance offers peace of mind against events that could quickly turn a dream trip into a financial nightmare. From flight cancellations and lost luggage to serious illness overseas, the right policy can save travellers thousands.
“While baggage delays are annoying, it’s the serious issues, like accidents or illness abroad, that can be financially devastating,” said Geraldine Kelly, Head of Personal Lines at Gallagher Insurance in Ireland. “A simple, affordable policy can give you peace of mind and real protection if the worst happens.”
What Does It Cover?
Travel insurance typically covers a range of problems including travel delays, lost or damaged baggage, cancelled flights, stolen passports or money, and emergency medical expenses. Costs for hospital stays or medical evacuations abroad can easily run into tens of thousands of euro.
For those travelling within Europe, the European Health Insurance Card (EHIC) offers access to public healthcare, but it does not replace travel insurance. “It won’t cover private treatment or repatriation back to Ireland,” the Competition and Consumer Protection Commission (CCPC) warned.
What Are the Options?
Insurance policies vary depending on the traveller and the nature of the trip. Single-trip cover suits one-off holidays, while annual multi-trip policies may be more cost-effective for frequent travellers. Specialist plans are also available for students, families, groups, and older travellers.
According to Gallagher, a basic single-trip European policy can cost as little as €22, while more comprehensive cover with medical benefits up to €5 million could be around €42. Annual multi-trip policies typically range from €80 for Europe to over €120 for global coverage.
Planning an Active Getaway?
Those heading on adventure holidays should ensure they add relevant cover. “If you’re planning to ski, snowboard, scuba dive, or take part in other high-risk activities like bungee jumping or paragliding, you’ll need to include winter sports or adventure activity cover,” Ms Kelly advised.
Shopping Smart
The CCPC recommends comparing policies from different providers, cautioning that travel agents may not always offer the most competitive deals. “Make sure to compare the coverage and terms,” a spokesperson said, noting that cheaper policies often come with higher excess charges or limited cover.
Travellers are also advised to ask providers whether disruption caused by natural disasters, strikes or political unrest is included — such events are not covered by all policies.
As travel resumes post-pandemic, both government agencies and insurers are reminding the public: travel insurance may be one of the smallest expenses on your itinerary — but it could save you the most.