​An overseas trip is perhaps among those few things which catches everyone's interest. Thereby, you would often find people planning for their foreign trip weeks in advance. In the process, they not only invest their personal time to plan out their itinerary but also put in their hard earned money in buying a travel insurance. It is true that in an unfortunate situation like a health or accident in a foreign land can lead to exorbitant costs, and to avoid such a circumstance buying a travel insurance is an wise decision. However, it is equally important to note that while you do not spend more than required while picking your travel insurance plan.

Even while you are planning for a travel insurance there are chances that you may end up spending more than what is actually required. Thus, we bring you ways of saving on your travel insurance and yet availing best possible risk cover.

Get medical coverage on your credit card: Look for the benefits covered under your credit card. These days may credit cards cover travel medical protection to you and in some cases to your family members too.

Credit card perks: Check with your credit card provider about what all perks and benefits you are eligible for on your credit card. You may be surprised that you would not be required to pay for flight delay, trip interruption/cancellation and baggage loss – in your travel insurance.

Home Insurance cover: If you have already bought a home insurance cover, have a second look  in your policy wording, for your policy might already be covering your home even when you are traveling. If yes, then you may not have to shell out those extra pennies from your savings for securing your home in your travel insurance policy.

Choose multi-trip travel insurance: If you are a frequent traveller, the buying a multi-trip insurance policy would be wiser decision than buying a single-trip policy every time you travel.

Do comparative study: Shop around to compare all the options available in the market. You may fid different insurance providers offering different price for the same policies. Thereby, look around for the best price available before deciding on one.

When buying an international travel insurance policy be smart. Save wisely on your travel insurance policy for the extra money you save here can buy you and your family the extra fun on your trip.