Most insurance companies allow its agents to sell a policy 3months before the actual trip date. So the best would be to buy an early package to avail most coverage and discount. Also depending on the company picked, you could change the date of travel or even cancel for any reason without any charge being levied. Companies may have rate increases over the quarter or half yearly reviews. The coverage that is most likely to increase would be medical insurance costs. A good thing to do is to 'lock the insurance premium' so that the insurance company does not increase it later.

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Other factors that determine the premium of your policy

• Pre existing medical conditions
• Adventurous sports
• Bad Weather coverage
• Reunion if hospitalized for more than a week
• Length of travel
• Cost of personal items covered.
• Choice of deductible

In case of pre-existing medical conditions don't even consider a plan which will not cover serious medical conditions which you may have.

Tips To Find Low Cost Travel Insurance

• Buy policies from major players and reputed firms. Avoid small companies that advertise on the web.
• Not all insurance companies are licensed by the state. In case of a claim and your insurance company does not accept your claims you do not have a case as the government requires you to choose a company that is recognized. So, your choice is your risk, for you do not have a case.
• Choose an insurance company that is accessible by phone 24 hours so if you have problems you can always contact them and learn what to do.
• Your travel agent will have insurance brochures. He has handled many travel and travel insurance related queries and will know the reliability of the companies and other agents so ask for his/her recommendations and why he recommends them.

Study the insurance policies see how it fits into your personal needs and compare its costs to the likelihood of you using it versus the potential loss and then decide.

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