Travel Insurance is not a commodity, and can vary widely between companies. You'll usually be offered insurance at the same time as booking a holiday, but can arrange separately - here's what you need to check out;
Is Your Destination Covered?
It sounds obvious, but policies vary and if you don't know what you're looking for, they can be confusing.
Some providers, for example, will include countries such as Turkey and Egypt under European cover, while others won't. Worldwide cover, meanwhile, doesn't always include the USA, Canada and the Caribbean – so ensure your policy does if you're heading out that way.
Also, check the insurance will cover you for the duration of your whole stay
When selecting which travel insurance policy to go for, it's important to check how many consecutive days abroad you'll be covered for. Limits vary depending on the provider, and if you go over this limit, even if it's only by a day, you will invalidate your insurance.
Check for limits
After all, the last thing you want is to make a claim on your travel insurance only to find you're not covered for what you had lost.
Work out exactly what you're bringing with you to ensure you have the correct amount of cover – we recommend that you have at least the following.
Quoted text from Money Supermarket
Other things to bear in mind include; When can I actually claim and how? Check the documents carefully, don't get caught out. Is your medical condition covered under a policy? Also. don't lie about medical conditions - this will void the policy.
ALWAYS READ THE SMALLPRINT!!! Thus could contain the most important information for you. Again, don't get caught out.
The most important part has to be about Claiming. Make sure you are certain that you have enough amount of cover and know how to claim if necessary. The process isn't particularly difficult, as long as you don't fall in any traps.