When buying an annual holiday travel insurance policy, there's much more to it than just buying the cheapest policy that you can find. You need to make sure that you are getting the right policy that is going to fully cover you in all areas. Whats the point of buying a really cheap travel insurance policy only to find out once you make a claim that you are not fully covered for what you are claiming for. It defeats the object of buying travel insurance.

Here is a few very important things that you need to bare in mind when looking and buying annual holiday travel insurance.

Number one is the destination that you are traveling to, if you are traveling to the US from the UK for example you will need to make sure that your chosen policy is going to cover you traveling to the US. It will also be a good idea to read the foreign office's advice page to check which areas of your holiday destination are seen as dangerous areas. It's these areas that are more than likely not going to be covered. So always do your research on the place that you are traveling to first before you do anything.

Another important thing to remember is what activities have you got planned when you get to your holiday destination. If you are planning on doing high risk and hazardous activities such as rock climbing or extreme water sports then you will need to declare this when you are applying for your annual holiday travel insurance. Unfortunately this is going to increase the amount you pay for travel insurance dramatically. Whatever you do, don't lie on your application just so that you can get yourself cheaper travel insurance. If you do, you have basically made the policy void, and if accidents occur you are not going to be covered.

One of the main reasons why insurance companies do not pay out for claims, is undisclosed information. So when you make your application tell the truth 100% and you will not go far wrong. Another important thing you should look for when looking for annual holiday travel insurance is does the insurance company have a 24 hour helpline. Time zone differences can make claims very difficult and in extreme circumstances were you need medical assistance, you might need to contact your travel insurance sooner rather than later.

It will also be a good idea to choose a travel insurance company which allows you to customize the policy to suit your individual needs. These type of companies are going to offer you the best insurance at the best price. Because you are not paying extra for cover that you don't need. Another good tip is to never leave buying your travel insurance to the very last minute, shopping when you are in a hurry usually leads to you buying any product that you see, without fully knowing what you are buying. Not only could this end up with you paying more for your travel insurance, but you could miss out very important parts that you will need to be insured for.