Your Trip, Our Expertise.

menu

View & Manage your bookings

This site works best with cookies, which have been automatically enabled.
To find out more or to disable them see our Privacy Policy

What Is A Travel Insurance Excess?

Excess

When it comes to making an insurance claim, you may be confused by the 'excess' charge you will be required to pay. Don't be alarmed by the technical definition!

Put simply the “excess” of a travel insurance policy is the (pre-arranged) amount that you agree to pay before a claim is processed. An excess is standard procedure within insurance. Full details of these are displayed within the Policy Wording.

How Much Excess Will You Need To Pay?

The amount of excess that you need to pay, will depend on what section of the policy you are claiming, what level of cover you select and the travel insurer but typically:

Low Levels of Cover Have A High Excess

For example, with Essential Travel a 1 week, Standard European Single Trip policy for 1 adult aged 19 years, will cover you for up to £2.5 million of medical expenses with a higher excess of £125. This policy costs £7.88.

High Levels of Cover Have A Low Excess

For example, with Essential Travel a 1 week, Superior European Single Trip policy for 1 adult aged 19 years, will cover you for up to £10 million of medical expenses but comes with a reduced excess of £75. This policy costs £13.25.

As you can see, in this scenario, by forking out a little bit more for a higher level of cover, you do in fact reduce the excess amount you will need to pay in the event of a claim.

Avoid Paying The Excess With An Excess Waiver

If paying an excess seems unfair, fear not, you could avoid it altogether with a bit of forward planning. Any decent travel insurer will provide you with the opportunity to add on an Excess Waiver to your policy which enables you to avoid paying any excess at all in the event of a claim!. An Excess Waiver will cost from £4.33 with Essential Travel.

Beware of Cheap As Chips Policies with Hidden High Excesses

The excess amount will vary depending on the travel insurance provider and unfortunately the cheapest travel insurance policies do have the highest excesses. It's not uncommon to see an excess as high as £300 on price comparison websites. Read more about this in my blog - Beware of Price Comparison Sites

more hub posts

Nina Montgomery

Nina is the Marketing and PR manager for Essential Travel and has over five years of experience in the travel industry. Having lived abroad and travelled extensively, basing a career within travel was a natural step. By championing campaigns such as 'Use Your Head', 'Sea Sense' and 'Backpacker Bible', she is devoted to sharing her knowledge and expertise to de-mistify Travel Insurance to the travelling community.