Travel insurance is vital, never go abroad without it. In a worst case scenario lack of cover could cost you your home and your life savings - it just isn’t worth the risk.

Unfortunately you only find out how good your policy is when you come to make a claim. Always check your policy wording and ensure that the level of cover is appropriate to your needs. Make sure you always take your policy on holiday with you and keep it safe. Points to note are:-

1. Travel insurance is best regarded as disaster insurance particularly with regard to medical problems. It is important that you accurately declare your age and any existing medical conditions. Failure to do so will invalidate your policy and could turn an unfortunate incident into an absolute catastrophe.

2. If you intend to participate in any hazardous sports or adventurous activities, diving, canoeing, jet skiing etc. check that you are fully covered both for injuries to yourself and for injuries you may cause to others.

3. Should any of your luggage be lost or damaged in transit you must obtain written confirmation that you have reported the incident to your airline, tour operator etc. Most airlines have Property Irregularity Report (P.I.R.) forms specially for this purpose. If your baggage is delayed you may be covered for the purchase of essential items so keep all receipts.

4. If you are taking jewellery, cameras or other high value items with you on holiday these are best insured on an annual basis through your household contents insurance policy. Most travel policies have strict limits on valuables.

5. If you are unfortunate enough to lose or have stolen any item covered under your policy you must report this to the local police within 24 hours and get a copy of the police report - however awkward this may be to obtain. The high incidence of fraudulent travel claims in recent years has forced underwriters to adopt strict rules when settling claims.

6. Don’t leave money or other valuables in unattended vehicles or luggage if you do the chances are it won’t be covered by your policy. Carry valuables in your hand luggage and keep it with you at all times. Don’t leave items unattended on the beach while you go for a swim.

7. Should you incur medical expenses or doctors fees always ask for receipts and bring them home to support your claim.

8. Most travel policies are subject to excess payments where you bear the first portion of losses - check out any excesses before you purchase the policy.

9. Travel insurance is important if you need help ask your local AITO Specialist Travel Agent about the type of policy most suitable for you