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Travel insurance excess.

If you’re planning a trip, you’ve probably heard of travel insurance. But did you know that many travel insurance policies come with something called an excess? In this guide, we’ll explain what travel insurance excess is, how it works, and how to choose the right policy for you.

What is Travel Insurance Excess?

Travel insurance excess is essentially the amount of money you’ll have to pay out of pocket before your travel insurance policy kicks in. It’s similar to the excess on your car insurance policy: if you’re involved in an accident and need to make a claim, you’ll have to pay the excess first before your insurer covers the rest of the costs.

For travel insurance, excess can apply to a range of different things, such as medical expenses, trip cancellations, lost or stolen luggage, and more. The amount of excess you’ll have to pay can differ depending on the policy you choose, and can range from a few hundred dollars to several thousand.

How Does Travel Insurance Excess Work?

Let’s say you’re on a trip and you slip and fall, breaking your arm. You go to a local hospital and receive medical treatment, which comes to $2,500. If your travel insurance policy has an excess of $500, you’ll have to pay that amount out of pocket first before your insurer covers the remaining $2,000.

If your policy covers multiple things, like medical expenses and trip cancellations, you’ll have to pay the excess for each separate claim you make. So if you lost your luggage and also needed medical treatment, you’d have to pay the excess for both of those claims.

How to Choose the Right Travel Insurance Policy with Excess

When it comes to choosing the right travel insurance policy with excess, there are a few things to keep in mind:

• Consider your budget: The higher the excess, the lower the premium (the amount you’ll pay for the policy). If you’re on a tight budget, a policy with a higher excess might be a good choice.
• Think about your needs: If you’re planning a high-risk trip where you’re more likely to need to make a claim, like a skiing holiday or a backpacking trip, a policy with a lower excess might be a better option.
• Check your existing insurance: Some credit cards and health insurance policies already offer some form of travel insurance coverage. Make sure you check what’s already included before you buy a separate policy.
• Read the fine print: Make sure you understand exactly what’s covered by the policy and what the excess amount is before you buy. Don’t assume that everything is covered.

Travel insurance excess can be a confusing topic, but it’s an important aspect of any travel insurance policy. By understanding what excess is, how it works, and how to choose the right policy for you, you can ensure that you’re properly covered on your next trip.

What is excess waiver insurance?

Home > Car rental tips > What is excess waiver insurance?

Hiring a car anytime soon? Read on to know what is excess waiver insurance and how it is different from other insurances offered by car hire companies.

If you’re looking for the perfect car hire for your needs, you’ll probably be faced with the decision of whether to add insurance as well. While it is completely optional in most cases, car hire insurance is important for the peace of mind.

The excess waiver insurance works mostly in addition to other car hire insurances you’ve already included in your reservation.

What happens is the following: car hire insurance policies usually state that, in the event of an accident, the driver will be charged an amount that can go as high as £2,000. This amount is referred to as “excess” — that is precisely why the insurance is called excess waiver, because it waivers the need for this payment.

Beyond this, the excess waiver insurance may also cover parts of the car not protected by other types of insurance. CDW (Collision Damage Waiver), for example, is the most common and only covers the vehicle’s bodywork, but not the windshield, tyres, mirrors and other items.

Do I need excess waiver insurance?

In most cases, no insurance is required in order to hire a car. However, we always recommend considering it for the peace of mind.

In addition to that, it is important to notice if your car hire offer already includes some sort of insurance. Despite not being common, some car hire companies provide CDW and other types of car hire insurance without the need to pay for an excess in the event of an accident. These insurances are typically more expensive, but rightfully so!

How can I hire excess waiver insurance on Rentcars.com?

Rentcars.com offers something pretty similar to excess waiver insurance — RentalCover. 

RentalCover offers coverage on items not usually protected by your standard CDW (as we’ve mentioned above) and also waives the excess or deductible, the amount you would have to pay in the event of an accident with the hired car.

If you’re interested, click here to know more about RentalCover !

If you still have questions about car hire insurance, we’ve got you covered. Here are all other types of car hire insurance — explained .

Attention! All efforts were made to validade the information published in this blog at the moment they were written, however, Rentcars.com does not take responsibility for inaccuracies or future adjustments that can happen as a result of different offers and conditions. The posts here published, as well as the eventual comments from its readers, are merely informative and it is the client's duty to confirm with Rentcars.com and/or suppliers any content that may affect their vacation plans.

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The essential guide to car rental excess insurance

Knowing whether you need to purchase car rental excess insurance is a good start when you decide to rent a car. Making sure you’re protected if there’s an accident is important, but do you need the extra car rental insurance options that are offered when paying for your rental ? The short answer is not always. But let’s find out more.

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What is car rental excess insurance?

How much is the excess you have to pay for your car rental, what is covered by car rental excess insurance, how does it work, do i need a car rental excess insurance, what is the best way to cover rental car excess, the collision damage waiver as an alternative, frequent question about car rental insurance excess.

Car rental excess insurance cover (or supplemental car rental insurance) is a protection plan for a fee that provides coverage for out-of-pocket expenses you may incur if there’s an accident or damage to a car rental . Rental agreements can include an excess amount or high deductible that you are responsible for if a rental car is in an accident, stolen, or damaged.

Car rental excess cover or deductible amounts can vary wildly. Factors include the rental company, the rental car type , the location and the rental agreement terms. Excess amounts are usually outlined in the rental agreement and can range from a few hundred to thousands of dollars.

Depending on the policy’s terms and conditions, the insurance can cover some or all the costs should you get in an accident.

In the U.S., car rental companies will typically offer four types of coverage:

• Liability coverage: This can vary from state to state but it is meant to protect you if you hurt someone or damage property during an accident.
• Collision or loss damage waiver: The waiver helps cover the cost if you damage a rental car.
• Personal effects coverage: This covers personal belongings if they are stolen from a vehicle (though it’s worth noting if you have renters' or homeowners’ insurance, this will typically be covered).
• Personal accident coverage: This covers medical bills if you or your passengers are injured in a car rental accident.

In Europe, rentals nearly always include liability coverage, but not the risk associated with damage to the vehicle itself or theft. Since your personal U.S. auto insurance will not apply in Europe, you will have three main options:

• Buying a collision damage waiver from the car rental company
• Using zero-deductible collision coverage that comes with some credit cards
• Purchasing collision coverage through a travel insurance provider.

This depends. If you have liability and comprehensive insurance for your vehicle, the coverage likely extends to when you are driving a rental car in the U.S. for personal reasons. If you’re traveling abroad, for business purposes, or simply want more coverage, you might need extra rental car insurance.

In Mexico, for example, you must buy extra coverage from a travel insurance provider or a rental car company to satisfy the mandatory insurance requirements .

Other instances where you will want to consider purchasing extra insurance include if you don’t own a car and you rent one occasionally (in this case, you probably don’t have personal auto insurance), or if your personal policy only includes liability insurance and not comprehensive or collision coverage.

One of the best car rental excess insurance options or ways to cover rental car excess is to buy insurance from a third-party company. The price for extra protection insurance can be lower than buying additional coverage from a rental company.

The only downside is that if the car gets damaged, you’ll have to pay the rental company first and then claim it back to your insurance.

Car rental companies typically offer a collision damage waiver when you make an online reservation and again when you pick up the vehicle. When you buy one, the company forfeits the right to charge you for damages to the rental car , but note that CDWs typically don’t cover tire and side mirror damage or damage from “gross negligence,” such as speeding or driving while intoxicated.

Hopefully, we've taken the headache out of the rental car process at home and abroad, and if you're ready to rent a car for your next vacation, we're here to help.

How does KAYAK know what to put in this guide?

I have been traveling the world for over 20 years. I’ve rented cars in Mexico, Italy, France, Ireland, the U.K. and throughout the U.S. Some experiences went smoothly, while others did not, like when I rented a compact manual car and got stuck trying to drive up a steep Tuscan hillside. Through trial and error, I’ve learned when to purchase extra insurance and when not to. Renting a car can be intimidating, but with the help of KAYAK and through my experience and mistakes, I want to help you learn.

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Car Hire Excess Insurance

This policy provides a great value alternative to the Collision Damage Waiver offered by the Rental Company. Available to cover just one hire, or on an Annual basis if you rent vehicles more than once a year. Cover is available for residents of most countries worldwide.

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Benefits of Car Hire Excess Insurance

• Covers Car Rental at Home or Abroad Renting a Car on holiday gives you flexibility to explore the area at your own pace. Short-term Car Rental at home may be necessary while your own vehicle is repaired, or for occasional use as part of a car share scheme. Whatever your reasons for hiring a car - make sure you're not left with the bill if the vehicle is damaged or stolen whilst in your care.
• Easy to arrange insurance to suit your needs If you don’t hire often, we offer single hire insurance. Alternatively, if you are likely to hire two or more times a year, Annual multi-trip insurance gives fantastic value and year-round peace of mind.
• Why pay your Rental firm's costly Collision Damage Waiver? Collision Damage Waiver is offered by most Car Rental companies, enabling you to remove or reduce the amount charged for damage to the car. This add-on can be expensive and may not cover all costs, particularly relating to tyres, windows and underbody. Our car hire excess insurance acts in place of CDW, at a much lower price and covering damage to any part of the vehicle
• Protection If your holiday rental car is damaged or stolen, you are usually liable to pay an Excess, or Collision Damage charge. Even if the damage was not your fault, you will be charged.

Is a Car Rental Policy not for You?

Motorhome rental insurance.

Hiring a Motorhome or Campervan? We cover you for excesses charged by the Rental Company following damage or theft of the vehicle, including damage to the vehicle underbody, roof, windows & tyres. Suitable for hires at home or overseas. Max cover £5,000

Van Rental Insurance

Hiring a Van in the UK for short-term, private non-commercial use? Cover the excesses charged by the Rental Company in the event of damage to the vehicle. Option to extend cover to include taking the vehicle to Continental Europe. Max cover £2,500

Need to hire a Car?

If you haven't booked your Car Rental yet, click here for competitive prices! Its easy to book online through Holiday Cars Direct

What to look out for when buying Vehicle Rental Insurance

Pay less for your collision damage cover.

Renting a car while overseas gives you tremendous freedom to explore your destination. But it can be expensive, especially when car rental excess insurance is factored in. Some customers are only offered a collision damage waiver when they collect their car – an often expensive fee that can further stretch the budget.

There’s no denying that a collision damage waiver can give you extra peace of mind – especially on unfamiliar roads overseas – but car rental companies often charge a hefty fee for this important add-on.

Car Hire Excess Insurance from Worldwide Insure gives you all the protection you need in the event of a collision – but for a much lower price. Many holiday makers are becoming wise to the high fees charged by car rental firms for excess cover, which is why buying separate car hire excess cover has become so popular.

Get a quote for low-cost car hire excess insurance above.

• Worldwide Travel Insurance, a specialist in travel insurance and related products, has over 20yrs experience in offering high quality cover at great prices.
• All policies purchased online are emailed immediately - ideal for last-minute bookings.
• Cooling-off Period: You have 14 days following receipt of your documents during which you can obtain a full refund provided that the start date shown on your certificate has not passed and you are not claiming.

A wide range of Insurance Policies to suit your individual needs

Our policies include:, your security with worldwide travel insurance:.

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Travel Insurance Excess Explained

Tommy has over 15 years experience within the insurance industry, and his primary focus is helping travellers find the right cover for their medical conditions.

As any holiday goer knows, purchasing travel insurance after you have booked your holiday is more of a necessity than a nice to have. Travel insurance gives you the peace of mind you need to ensure that your financial investment is protected even before you have set off for the airport. It also provides you with a financial security net, which should the worst happen whilst you are away - you can rest assured that your policy will have your back.

However, when it comes to making a claim, there is one concept that can be confusing - excesses . In this comprehensive guide, you will find all the information you need to know about travel insurance excesses, ensuring that you can obtain protection on your terms and with a clear understanding of the financial implications involved.

What is a Travel Insurance Excess?

A travel insurance excess is an amount of money that policyholders are required to pay, towards a claim. It serves as a financial commitment from the policyholder to the insurance provider when claiming against your travel insurance policy. In other words, it is the portion of the claim that you will have to cover yourself.

Think of it as your stake in the insurance claim. By having to pay an excess, you're likely to only claim, when necessary, which in turn helps keep premiums lower for everyone. Additionally, the amount of the excess can often be adjusted based on your willingness to share more or less of the claim cost, affecting the premium you pay for your policy. In essence, it's a balance between the risk you're willing to accept and the premium you're willing to pay.

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How Does an Excess Work?

When you make a claim, it is important to understand that an excess may either be deducted from your final settlement or payable by you up-front. The excess is the initial portion of any claim that you are responsible for, before the insurance provider steps in.

To explain further, let us consider an example: If your policy has an excess of £100 and you submit a claim for £500, the claim settlement will be adjusted to £400 after deducting the excess amount. On the other hand, if your excess is set at £200, the claim payment will be reduced to £300, as you will be responsible for a higher portion of the claim.

Understanding the excess amount is crucial in managing your expectations and making informed decisions when it comes to insurance claims. It is also important to note that excess amounts can vary depending on the type and level of cover you have in place.

Why do Travel Insurance Providers Charge an Excess?

Primarily, insurance providers charge an excess to discourage policyholders from lodging trivial claims, as this could inflate insurance costs for everyone. The idea is that by requiring a financial contribution towards a claim, policyholders are encouraged to use greater discretion in filing claims and typically save them for significant losses.

The bottom line: the higher the excess amount, the more unlikely policyholders are to make claims for smaller losses.

Excess amounts serve to mitigate the administrative expenses linked with handling minor claims. With an excess in play, insurance providers can allocate resources more efficiently, concentrating on addressing larger claims that demand greater attention and resources.

Who Has to Pay an Excess?

Unless explicitly specified in the policy wording, the excess is typically applicable on a per-person basis and is applied to the individual(s) making the claim. This means that if you are the sole individual on the policy and intend to make a claim, you will be responsible for the excess. Similarly, if a claim is being made on a group or family policy, an excess will be applied for individuals covered by the policy and making the claim.

To illustrate, consider a scenario where four people are travelling under the same policy, with each person's holiday costing £500. In this case, the excess is set at £200 per person. Now, suppose two travelling companions decide to cancel their trip, aiming to recover as much of their holiday cost as possible. However, due to the excess, they would only receive £600 between them, as they each must pay an excess of £200.

It is also important to note that in some claims, multiple excesses may be applied. Though rare, this usually occurs when a claim is made, and multiple areas of the policy come into effect. For example, suppose an individual is in an accident resulting in injuries and subsequent loss of their camera. In that case, the applicable excesses for medical expenses and personal belongings cover will be applied.

Understanding the specifics of your policy and the applicable excesses enables you to navigate the claims process more effectively and manage your expectations accordingly.

What are the Different Types of Excess?

It is important to be aware that there are two main types of excess, found within travel insurance policies.

Standard Excess A standard excess is a set amount that your provider indicates that you must pay should you make a successful claim. This amount can vary between the different sections (personal belongings, cancellation etc.) of your policy.

Voluntary Excess In some instances, insurance providers may give you the option, to apply a voluntary excess to your policy, which can help reduce your policy premium. This is an amount, set by you, before purchase. You will be expected to pay this amount (as well as the Standard Excess) for any claim where the voluntary excess is applicable.

For example, if the standard excess is £50 and you have applied a voluntary excess of £100, you will be expected to pay £150, should your claim be successful.

Is an Excess Always Payable?

An excess is not always applicable. In some cases, you may not need to pay an excess, depending on the area of your policy you are trying to claim from.

However, it is important to note that the specific excess amount can vary between different insurance providers. Therefore, it is crucial to carefully review the policy documents of the insurance policy you intend to purchase.

To give you a general idea, the table below outlines some commonly claimed items and indicates where you might expect to encounter an excess:

How do You Pay an Excess?

So, you might be wondering, at what precise stage of making a claim does the concept of excess come into play? The answer to this can vary depending on who your insurance provider is and the section from which you are claiming.

In certain situations, you may find yourself required to pay the excess amount upfront, essentially out of your pocket, before your provider steps in to cover the remaining costs associated with your claim.

Alternatively, if your claim is successful, your insurance provider may remove the excess amount from your payout. This method ensures that the excess is dealt with in a smooth and hassle-free manner, allowing you to focus more keenly on the outcome of your claim without the need for any additional steps or unwanted delays.

Unless of course, you have an excess waiver on your policy.

What is an Excess Waiver?

Some insurance providers offer an excess waiver, eliminating the need to pay an excess when filing a successful claim. With an excess waiver included in your policy, you can be confident that you will receive the full claimed amount without any deduction for excess.

However, opting for an excess waiver may result in a higher policy premium. Despite this, the added benefit it offers can be significant—especially if it means not having to pay a large amount upfront or receiving a substantially reduced payout. It is essential to carefully evaluate your options and weigh the benefits against the cost.

Ultimately, choosing a policy with an excess waiver can provide you with comprehensive coverage and financial protection when you need it most.

Will the Excess Affect my Insurance Premium?

Excesses are additional payments incorporated into travel insurance policies to offset upfront premium costs. Put simply, selecting a higher excess can notably decrease your premium expenses.

This approach can be advantageous, especially for frequent short breaks, where the likelihood of filing a claim is relatively low. Opting for a higher excess reduces insurers' risk, thus leading to lower premiums.

However, it is crucial to consider the nature of your trip. Engaging in physical activities like winter sports increases the likelihood of needing to file a claim. In such cases, a high excess could potentially complicate matters if a claim does arise. Thus, it might be prudent to invest a bit more in a policy with a lower excess or explore policies offering voluntary excess options, allowing you to set the excess amount yourself.

By meticulously assessing your unique circumstances and weighing potential risks, you can make a more informed decision when selecting a travel insurance policy tailored to your needs.

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What Amount Should My Excess be?

This varies based on your circumstances. Suppose you are seeking specialised coverage for pre-existing medical conditions. In that case, it is worth noting that the medical cover provided in the policy may offer significantly more value than your excess. This becomes particularly beneficial if your condition is severe and demands extensive medical attention.

While evaluating the excess amount, it's crucial to ensure that you're getting value for your investment when making a claim. However, our recommendation is to first focus on finding suitable protection that matches your specific needs before getting too caught up with concerns about the excess. By prioritising obtaining travel insurance, you can have peace of mind, knowing you're protected in case of medical emergencies or unexpected situations.

In conclusion, mastering the ins and outs of travel insurance, including excess and excess waivers, is vital for safeguarding your finances while on the move. By grasping the details of these terms, you can make well-informed choices that match your travel requirements and financial situation.

Whether you go for a higher excess to reduce premiums or select a policy with an excess waiver, the key is to strike a balance that fits your situation. Remember, travel insurance is designed to provide you with peace of mind, enabling you to explore the world confidently, knowing you're ready for the unexpected.

Thoughtful planning and wise policy selection can transform potential travel mishaps into manageable challenges on your journey.

Single Trip insurance is for one-off, individual trips and will cover your specified travel dates. This is usually up to 45 days; however, some insurance providers can cover up to 94 days. If you’re not a frequent traveller, single trip cover is a great option and will likely be cheaper than an annual multi-trip cover .

If you travel 2 or more times a year, annual trip cover may very well save you money. The maximum duration of any trip will always be specified and will vary by provider. But don't worry, when you get a quote, we'll ask you what your maximum trip length is and only show you quotes that match!

If you don't travel much then a single trip cover is perfect as you can cover specific dates suited to your trip. If you have cancellation cover, you'll also benefit from this as soon as you buy your policy.

If you travel 2 or more times a year, it may be cheaper for you to go for an annual multi-trip cover. It's best to start your annual trip cover as soon as possible, as if you have cancellation cover, you'll only benefit from this from your policy start date.

A pre-existing is any medical condition for which medical advice, diagnosis, care, or treatment was recommended or received before applying for a travel insurance policy. For some conditions, we'll need to know if they have ever been present, whilst for others if they occurred within a certain period.

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Does travel insurance cover car hire excess?

You can get travel insurance with rental car excess cover, but normally you’ll need to take out a comprehensive policy or upgrade your cover with an add-on..

We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.

Learn how we maintain accuracy on our site.

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Travel insurance with rental car excess cover

What does travel insurance with rental car excess cover, travel insurance car rental excess vs waiving my excess, here's a list of travel insurers that cover car hire excess, how nicola avoided paying a $1,400 car rental excess, faqs about travel insurance and rental cars.

Many comprehensive travel insurance policies come with rental car excess cover . If you're involved in an incident and your rental company charges you an excess, you can claim this back with your travel insurance.

If something happens, the rental company will typically charge you the excess amount then you can get reimbursed by your travel insurer. Just make sure you get a copy of the receipt showing the excess amount charged by the rental company.

Rental vehicle excesses range from around $2,000-$8,000. Travel insurance policies differ in how much they cover you for though the minimum for most is $2,000. Some go further than others. For example, Southern Cross Travel Insurance can cover you for up to $10,000.

The car rental excess

If something happens and you need to pay the car rental excess, travel insurance can cover the costs. You can get overseas and domestic travel insurance rental car excess with most comprehensive policies. Some policies cover you for up to $10,000.

Transportation of the vehicle back to the car rental depot

If you suffer an injury or illness during your journey, you may not be in a fit condition to drive your rental car to the nearest depot. When this happens, some insurers will cover the cost of returning the car to the nearest depot, as long as you can obtain written confirmation from your medical adviser that you are unable to drive.

Medical expenses if you get into an accident

If you crash your car and need ambulance transportation, medical treatment, hospital accommodation and even repatriation to Australia, comprehensive travel insurance can cover the costs.

You won't receive any cover if you break an exclusion on your policy – for example, failing to follow the road rules in the country you're in.

Before you sign the rental agreement, car hire companies will offer the option to reduce your excess charge for a daily fee. This is often referred to as an excess waiver or excess reduction option.

Often you'll be able to reduce the excess to zero if you're willing to pay the additional amount. While this may sound like an attractive option, paying a daily fee to reduce your excess can actually work out to be quite costly. A travel insurance policy that includes car rental excess cover is usually a much more cost-effective way to take out financial protection as shown below.

We took a look at a list of our travel insurance partners and found these brands automatically include car rental excess insurance in their policies. If you're hiring a luxury car or just need a higher excess limit in general, consider choosing an option that allows you to increase your excess for an extra premium.

Note: Information last obtained on August 2022 and is subject to change. Make sure you understand the general conditions surrounding car rental excess cover for each policy. The cover amount is for an International trip (comprehensive policy) and domestic trip per single person. For a comprehensive list of the conditions of each policy, please read the product disclosure statement of the policy.

"My policy cost $48... and it came with heaps of extra benefits"

"So, I decided to buy a domestic travel insurance policy, mostly for the rental car excess cover."

Nicola, who was Finder's commercial content editor, paid just $48.96 for her travel insurance policy, a domestic plan with InsureandGo to cover her 10-day break.

"At less than $50 for 10 days, the entire policy was cheaper than the insurance offered by the rental company and it came with heaps of extra benefits," added Nicola.

"Lo and behold, I ended up hitting a wallaby on our drive back from Cradle Mountain. I was devastated that I'd killed it and honestly didn't even give much thought to the cost – the damage seemed pretty minimal and I figured it would be a couple of hundred dollars at most."

"It was not. When we returned the car, I told them that I'd hit an animal and there were some small scratches on the bumper. I was immediately charged the excess of around $2,750. $1,475 of that was considered damage (the rental company charged additional fees including a claims fee and a charge for time off-road), and I was eventually refunded $909.

"As soon as I got home, I filed a claim with the travel insurer and they were great – far better to deal with than the rental company. There were no further shocks or surprises. I had an excess on the travel insurance of $100 but InsureandGo paid out $1,375 within a matter of days ."

What is rental car excess in travel insurance?

Rental car excess cover is included with many comprehensive travel insurance policies. It pays for the excess if your rental car is damaged, stolen or involved in an accident.

Does travel insurance cover motor vehicle accidents?

Travel insurance will indirectly cover you for the costs involved if there's damage or loss to your rental car.

When you hire a car, it usually comes with its own form of insurance called a loss damage waiver or the collision damage waiver. If you get into an accident and damage the car, you'll be charged an excess by the rental company and that's the amount your travel insurance should cover you for.

Am I covered if I injure someone else or cause damage to their car?

Travel insurance policies typically include personal liability cover , but they do not offer protection if you injure someone else or damage someone else's property while driving a rental car .

You can get this cover through the compulsory liability motor vehicle insurance available from the rental company. Most travel insurers include a requirement for your car rental agreement to have third-party liability motor insurance.

Am I covered for medical expenses if I get into an accident?

Travel insurance provides cover for medical costs if you're injured in an accident overseas. If you crash your car and need ambulance transportation, medical treatment, hospital accommodation and even repatriation to Australia, your travel insurer will be able to cover the costs. You won't receive any cover if you break an exclusion on your policy, such as failing to follow the road rules in the country you're in, so make sure you're aware of the exclusions in your policy before you get behind the wheel.

Meet our travel expert Angus Kidman

Angus Kidman is the international editor-at-large at Finder. He's an award-winning journalist, avid travel enthusiast and passionate frequent flyer. Angus appears regularly on Sunrise, Today, The Project, Seven News and other TV and radio shows to share his expert tips.

Angus's top car hire excess tips

• Care hire excess isn't worth it in most cases. Look at what's included in your main travel insurance first.
• If you do want additional cover, a standalone policy bought separately from your car hire is generally always cheaper.
• Make sure you're comfortable with the excess - you'll have to pay that if there is any accident or damage caused.

Gary Ross Hunter

Gary Ross Hunter is an editor at Finder, specialising in insurance. He’s been writing about life, travel, home, car, pet and health insurance for over 6 years and regularly appears as an insurance expert in publications including The Sydney Morning Herald, The Guardian and news.com.au. Gary holds a Kaplan Tier 2 General Advice General Insurance certification which meets the requirements of ASIC Regulatory Guide 146 (RG146).

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What Does Travel Insurance Excess Mean?

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The excess on a travel insurance policy is not always as straightforward as it seems. For instance, the excess may differ according to the type of claim (e.g., lost baggage vs. delayed baggage ) and you may be required to pay more than one excess in some situations. We'll explain the nuances of a travel insurance excess so you understand how much risk you're taking when you sign up.

• The Excess is Different for Some Claims
• How Many Excesses Will I Pay?

An "excess" on travel insurance is defined as the amount you are responsible for paying toward each travel insurance claim you submit. For example, if the stated policy excess is £100 then you would pay the first £100 in the event of a valid trip cancellation claim and your insurance company would pay the rest, up to the Cancellation limit.

While this example is relatively straightforward, in some situations you may pay more than one excess or the excess may differ from the stated excess.

Paying A Different Excess for Some Types of Claims

Travel insurance policyholders pay a different excess for different types of claims. The stated excess on your policy is the amount you'll typically contribute towards cancellation, baggage and emergency medical claims.

However, for claims where the benefit is determined on a per hour or per day basis (e.g., delayed departure, delayed baggage, hospital benefit, etc.), there is typically no excess payment required. Personal accident, personal liability and legal assistance also usually have no excess. Similarly, if you've purchased a winter sports add on then claims for piste closure and avalanche often have no excess.

Additionally, there may be special situations where the excess is higher or lower than the stated excess. These fine print changes to the excess are sometimes to the benefit of the policyholder, and other times to the detriment. To give you an idea of these exceptions, here are some examples we've come across in the Policy Wording of various plans:

Lower Excess on a Lost Deposit: You may pay a lower excess if you are only claiming for a lost deposit in the event of trip cancellation. For example, Direct Line charges a £10 excess for each insured person claiming for a lost deposit.

Higher Excess on Medical Claims for Volunteer Work: Those insured with Insure & Go or Travelinsurance.co.uk who injure themselves doing volunteer work will have their excess on emergency medical claims increased to £100, even if they've purchased an excess waiver.

Higher Excess on Riskier Activities: Those engaging in riskier activities such as skiing or glacier walking are subject to a higher medical excess of £250 with Travelinsurance.co.uk.

Lower Excess on Medical Claims with EHIC: Most travel insurers will waive the excess on emergency medical claims if you have presented a valid European Health Insurance Card (EHIC) or any other reciprocal healthcare arrangement to reduce the cost of your treatment while abroad. Terms vary by insurer but if you're travelling to Europe, this is yet another reason to carry your EHIC card with you.

How Many Excesses Will You Pay?

If something goes wrong on your holiday, you might get another bit of not-so-good news—depending on the circumstances, you might need to pay more than one excess when it comes time to claim.

Typically, travel insurance companies will apply the excess in one of two ways: one excess per insured person per incident, or one excess per insured person per incident per each section of the policy you claim under. For policies utilizing the second option (i.e., an excess per person, per incident, per section), you may pay more excesses and therefore receive less back from the insurance company for a valid claim.

For example, the theft of a rucksack containing a jacket, camera and cash would trigger claims under two sections of your policy: Personal Belongings and Baggage (for the bag, jacket and camera) and Personal Money (for the cash). If your policy imposes an excess per section then you'll pay two excesses—one for the Personal Belongings and Baggage claim and another for the Personal Money claim—even though it was just one incident. Assuming a standard excess of £50, here's what you'd pay in excess(es) under the two scenarios:

For another example of paying multiple excesses, take a family of four whose trip is cancelled due to unexpected emergency. As most policies apply an excess per person for cancellation, there would be four excesses applied—a family of four whose standard excess is £50 would therefore be required to pay the first £200 (4 x £50) of the cancellation claim.

By understanding how the excess works, you'll be better prepared to check the accuracy of insurance payouts should you ever need to claim.

Lower Excess on Premium Travel Insurance

Many travel insurance companies offer a range of plans, from budget to premium. You'll find that in many cases the premium plans have a lower excess, or no excess at all. When there is no excess, then the insurance company will compensate you for a valid claim up to the limit, without you having to contribute anything.

Those who don't want to pay an excess in the event of a claim might prefer the simplicity of a premium plan, despite the higher premium. Premium plans will typically sport higher limits and better features as well, all else equal.

What is an Excess Waiver on Travel Insurance?

By paying an extra premium, some plans include an excess waiver which will remove the excess from your policy. That means you won't need to pay an excess should you need to claim. An excess waiver can be handy for someone who wants a policy with no excess, but who doesn't want to pay up for a premium travel insurance plan.

Whether or not the excess waiver is worth it depends on the size of the extra premium required. Compare the extra premium to the size of the excess to help you decide—for instance, if an excess waiver costs almost as much as the excess to be waived, it may not be worth it, especially if you're a single traveller who won't get caught out on multiple, per-person excesses.

Changing the Excess to Increase or Decrease the Premium

Some travel insurance providers give you an option to choose your excess. When this option is available, choosing a higher excess should lower your premium. This is because a higher excess means you are taking on more risk, and the insurance company consequently has less risk exposure. Before going down that route, however, be sure you'd be comfortable paying the higher excess (per person, per incident, and possibly per section you claim under) and consider the amount you're saving in premium.

In contrast, some people prefer to choose a lower excess so they are better covered by the insurance company in the event of a claim—whether or not a lower excess is worth the inevitable higher premium is also a personal decision.

Final Thoughts

It's also worth noting that the excess on a travel insurance plan might be higher when purchased from a comparison site than direct from the insurer's website—a higher excess is one of the ways a comparison site is able to offer lower prices. Also, you might find a slightly lower excess on annual policies

Most travellers don't think much about how travel insurance works , until they claim. By understanding the nuances of a travel insurance excess you can better choose a travel insurance plan suited to your risk profile. Plus you'll be better prepared to understand the reimbursements in the event of a claim.

'No excess' travel insurance means you won't pay an excess (i.e., you won't be out of pocket) if you need to claim. Opting for a no excess travel insurance policy is typically more expensive so be sure to compare prices as a 'no excess' policy might not be worth the additional upfront cost. And read the fine print as there still may be an excess applied to certain claims.

An excess waiver on travel insurance is when you pay an upfront fee to waive the excess on a policy—essentially it means paying a fee or higher premium to get a 'zero excess' policy. With a zero excess policy, you aren't out of pocket if you need to claim. However there can be exceptions, that is circumstances in which you still need to pay an excess—so be sure to read the fine print. For example, the excess may still be payable on a medical screening.

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What are the benefits of the excess waiver?

This year we are offering passengers the choice of three insurance policies, Bronze Plus, Silver Plus and Gold Plus. Alongside this, there is the option to select any of these policies with an excess waiver. The price for you to purchase the insurance, also known as the insurance premium, is:

Bronze Plus - £35.00

Bronze Plus with excess waiver - £43.75

Silver Plus - £40.95

Silver Plus with excess waiver - £51.19

Gold Plus - £46.20

Gold Plus with excess waiver - £57.74

What is an excess waiver?

Insurance excess is the amount you have to pay towards the overall cost of an insurance claim and the insurer will then contribute the rest – up to the limit of the cover. By purchasing a policy with an excess waiver, this means you waive paying the excess amount towards a claim.

For your reference, detailed below is the maximum excess you would have to pay for these particular policies should you not have the excess waiver.

Bronze : £175.00

Silver : £150.00

Gold : £100.00

We have provided a working example below but it is important to note that for a cancellation claim, the insurance premium amount will not be refunded along with the claim refund amount.

The below example is for a cancellation claim.

You have paid £750.00 for your NUCO booking and have to cancel for a reason covered by the insurance. You have Bronze Plus cover at a premium of £35.00

The maximum you could claim for cancellation with Bronze Plus cover is £1,000.00 - this is detailed on the table of benefits on the insurance documentation and can also be seen here .

Your booking total came to £750.00

The excess to pay (as detailed above) £175.00

The insurance premium you paid £35.00

750.00 - 175.00 = 575.00

575.00 - 35.00 = 540.00

Amount passenger receives back £540.00

However…if you have selected Bronze Plus with excess waiver at £43.75 you would not have to pay the excess.

You have purchased the excess waiver so there is no excess to pay

The insurance premium you paid £43.75

Total you would receive back:

750.00 - 43.75 = 706.25

Amount passenger receives back £706.25

You can find the insurance policies and further information here .

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What Is Excess In Travel Insurance

Published: December 18, 2023

Modified: December 28, 2023

by Kalie Scofield

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Introduction

Travel insurance is a crucial aspect of trip planning, offering financial protection and peace of mind in the face of unexpected events. However, understanding the various components of travel insurance, such as excess, is essential for making informed decisions when purchasing a policy. In this comprehensive guide, we will delve into the concept of excess in travel insurance, exploring its significance, functionality, and implications for travelers.

Excess, often referred to as a deductible in other insurance contexts, is a fundamental feature of travel insurance policies. It represents the portion of a claim that the policyholder is responsible for covering out of pocket. While the concept of excess may seem straightforward, its nuances and impact on insurance coverage merit a closer examination.

By gaining a deeper understanding of excess in travel insurance, travelers can navigate the intricacies of policy terms and conditions with confidence, ensuring that they select a plan that aligns with their unique needs and preferences. Throughout this article, we will unravel the intricacies of excess, shedding light on its mechanics, advantages, and potential drawbacks. Additionally, we will provide practical tips for effectively managing excess within the context of travel insurance, empowering travelers to make informed and strategic decisions when safeguarding their journeys.

Join us on this insightful journey as we demystify the concept of excess in travel insurance, equipping you with the knowledge and insights needed to optimize your insurance coverage and embark on your travels with confidence.

Understanding Excess in Travel Insurance

Excess in travel insurance represents the amount of money that a policyholder must contribute towards a claim before the insurance coverage comes into effect. It serves as a form of self-insurance, requiring travelers to share a portion of the financial risk with the insurer. When purchasing a travel insurance policy, individuals can typically choose the level of excess they are comfortable with, balancing higher excess amounts against lower premiums.

It is important to note that excess applies to each separate claim made, meaning that if multiple claims arise from a single incident, the excess will be applicable to each claim. Understanding the implications of excess is essential for travelers, as it directly influences the out-of-pocket expenses they may incur when seeking coverage for unforeseen events during their trips.

Moreover, excess can vary based on the type of claim. For instance, some policies may have different excess amounts for medical expenses, trip cancellations, or baggage loss. This nuanced approach underscores the importance of carefully reviewing policy details to ascertain the specific excess conditions for different claim categories.

By comprehending the role of excess in travel insurance, individuals can make informed decisions when comparing policy options and assessing their risk tolerance. While a higher excess may result in lower premium costs, it also entails a greater financial responsibility in the event of a claim. Conversely, a lower excess may lead to higher premiums but can offer more comprehensive coverage with reduced out-of-pocket expenses at the time of a claim.

As we delve deeper into the mechanics of excess in travel insurance, we will explore how this component interacts with various aspects of insurance coverage, shedding light on its implications for travelers seeking to protect their journeys and mitigate financial risks.

How Excess Works

Understanding how excess works in the context of travel insurance is essential for travelers aiming to grasp the practical implications of this component. When a covered event occurs during a trip, such as medical treatment abroad or the need to cancel travel plans due to unforeseen circumstances, the policyholder is required to pay the excess amount before the insurance coverage takes effect.

For instance, if a travel insurance policy has an excess of $200 and the traveler incurs medical expenses totaling $1,500, the policyholder would be responsible for paying the first $200, with the insurer covering the remaining $1,300. It is important to note that the excess is deducted from the total claim amount, and the insurance coverage applies to the remaining costs, up to the policy’s specified limits and coverage terms.

It is crucial for travelers to be mindful of the excess amount specified in their insurance policies, as this factor directly impacts the financial responsibility they assume when making a claim. By carefully evaluating their risk exposure and financial capabilities, individuals can select an excess level that aligns with their preferences and budget, striking a balance between upfront costs and potential claim expenses.

Furthermore, the application of excess may vary based on the nature of the claim. Different types of incidents, such as trip cancellations, medical emergencies, or baggage loss, may have distinct excess amounts outlined in the policy. This nuanced approach underscores the importance of reviewing policy details to gain clarity on the specific excess conditions for various claim categories.

As we unravel the intricacies of how excess operates within travel insurance, we will delve into real-world scenarios and practical examples to illustrate its impact on travelers and the dynamics of insurance claims. By gaining a comprehensive understanding of how excess functions, individuals can navigate the complexities of travel insurance with confidence, ensuring that they are well-prepared to manage potential claim situations during their journeys.

Pros and Cons of Excess in Travel Insurance

Excess in travel insurance presents both advantages and considerations that travelers should carefully weigh when evaluating insurance policies. By examining the pros and cons of excess, individuals can make informed decisions that align with their unique needs and risk tolerance.

• Lower Premiums: Opting for a travel insurance policy with a higher excess can lead to reduced premium costs, making comprehensive coverage more affordable for travelers, especially those on a budget.
• Customized Coverage: The ability to choose the excess amount allows travelers to tailor their insurance policies to suit their financial preferences and risk tolerance, providing a sense of control over their coverage.
• Financial Flexibility: Incurring a higher excess in the event of a claim may be manageable for individuals with sufficient emergency funds or those willing to absorb a larger portion of the financial risk in exchange for lower ongoing insurance expenses.
• Upfront Costs: A higher excess requires travelers to allocate more funds upfront in the event of a claim, potentially impacting their immediate cash flow during an already stressful situation.
• Risk Exposure: While lower premiums may be appealing, a higher excess places a greater financial burden on the policyholder in the event of a claim, necessitating careful consideration of one’s ability to cover the excess amount when needed.
• Claim Limitations: Depending on the excess amount selected, travelers may find that certain smaller claims fall below the excess threshold, rendering them ineligible for coverage, which could impact the overall value of the insurance policy.

By weighing these factors, travelers can assess the trade-offs associated with excess in travel insurance and make informed choices that align with their financial circumstances and risk management preferences. Understanding the pros and cons of excess empowers individuals to select insurance policies that strike a balance between cost-effectiveness and comprehensive coverage, ensuring that they are adequately protected during their travels.

Tips for Managing Excess in Travel Insurance

Effectively managing excess in travel insurance is essential for travelers seeking to optimize their coverage while balancing financial considerations. By implementing strategic approaches to navigate the nuances of excess, individuals can make informed decisions and mitigate potential financial risks during their journeys.

Tip 1: Evaluate Your Risk Tolerance

Assess your comfort level with assuming financial responsibility in the event of a claim. Consider your ability to cover the excess amount and strike a balance between upfront costs and potential claim expenses based on your risk tolerance and financial circumstances.

Tip 2: Compare Excess Options

When exploring travel insurance policies, compare the excess amounts offered by different providers. Evaluate how varying excess levels impact premium costs and coverage terms to identify a balance that aligns with your preferences and budget.

Tip 3: Consider Your Travel Plans

Take into account the nature of your trip and potential risks associated with your destination. Assess the likelihood of needing to make a claim and tailor the excess amount based on the specific travel scenarios you anticipate.

Tip 4: Review Policy Inclusions

Thoroughly review the policy’s coverage inclusions and exclusions to understand how excess applies to different types of claims. Ensure that the excess amounts align with the potential expenses you may encounter during your travels.

Tip 5: Build an Emergency Fund

Consider setting aside an emergency fund to cover the excess amount in the event of a claim. Having a financial safety net can provide peace of mind and ensure that you are prepared to manage unexpected expenses without undue stress.

Tip 6: Seek Professional Advice

If you are uncertain about the appropriate excess level for your travel insurance, consider consulting with insurance professionals or financial advisors. Their expertise can help you navigate the decision-making process and select a policy that meets your needs.

By implementing these tips, travelers can proactively manage excess in their travel insurance, optimizing their coverage while aligning with their financial capabilities and risk management preferences. Strategic decision-making and thoughtful planning empower individuals to embark on their journeys with confidence, knowing that they are well-prepared to handle unexpected events while safeguarding their financial well-being.

As we conclude our exploration of excess in travel insurance, it becomes evident that this component plays a significant role in shaping the financial dynamics of insurance coverage for travelers. By understanding the intricacies of excess and its implications, individuals can make informed decisions when selecting travel insurance policies, ensuring that they strike a balance between cost-effectiveness and comprehensive protection.

Excess empowers travelers to customize their insurance coverage based on their risk tolerance and financial circumstances. The ability to choose an excess level that aligns with one’s preferences provides a sense of control and flexibility, allowing individuals to manage potential claim situations with confidence.

However, it is crucial for travelers to carefully evaluate the pros and cons of excess, weighing the trade-offs associated with higher or lower excess amounts. By doing so, individuals can align their insurance policies with their unique needs, travel plans, and budgetary considerations, optimizing their coverage while effectively managing financial risks.

Ultimately, the strategic management of excess in travel insurance involves thoughtful planning, thorough policy review, and an awareness of one’s risk exposure. By implementing the tips provided in this guide and seeking professional advice when needed, travelers can navigate the complexities of excess with confidence, ensuring that they are well-prepared to safeguard their journeys and financial well-being.

As you embark on your future travels, may this comprehensive understanding of excess in travel insurance serve as a valuable resource, empowering you to make informed decisions and embark on your journeys with peace of mind and financial security.

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What is Excess?

Similar to a car or home insurance policy, your travel insurance may also have an excess., an excess is the agreed amount of money you will pay towards a claim on a travel insurance policy and can be referred to as a ‘deductible’. once the excess has been settled your travel insurance provider will then pay the remaining expenses up to the limit of cover. for example, if you submit a claim for £400 and your excess is £100 then the claim payment will be £300., who has to pay an excess.

When making a claim the excess is generally per person unless stated otherwise in your policy wording. You may also find with some travel insurance policies the excess will need to be paid per section and per incident too.

For example, if you lose your jacket with your wallet in it, your claim would be divided into two parts, one under the Personal Possessions section of the policy for the jacket and wallet, and another under the Money section for any cash that might have been in your wallet. One incident, but two sections of the policy involved

Will an excess affect my insurance premium?

When purchasing your travel insurance, we advise you to do your research when it comes to selecting a policy with an excess. Although the cheapest policy may be more appealing, in the event of a claim you could be paying double, even triple the premium in excess costs!

For example, if the cost of the holiday is £450 per person and the excess is set at £250 per person and four people insured on the policy claimed for cancellation, the total claim would be £1800 with an excess to pay of £1000 meaning the claim payment would only be £800. However, if your excess was £100 per person, the claim payment would be a more satisfying £1400.

Granted a policy with lower or no excess may have a higher premium, but spending a few extra pounds now (roughly the equivalent of a round of drinks at the airport) could save you money should the worst happen.

What happens when an additional excess is applied?

Finding the right travel insurance when you have medical conditions can be time consuming and costly. In order to keep the price low, many travel insurance companies will implement a medical excess to be paid in the event of a claim – rather than charging you for a medical condition that is well controlled.

It is important to note any claim related to existing medical conditions, be it cancellation, curtailment or medical treatment, will require the medical excess to be paid – regardless of excess waivers or £0 excess policies.

What is an excess waiver?

Travel insurance is there to protect you from financial loss should the worst happen, but with some excesses set in the hundreds it can be more cost effective to pay the expenses yourself rather than making a claim on your travel insurance.

With this in mind, many policies offer an excess waiver for those who would prefer to pay no excess. For a small additional premium, the policy excess can be set to £0 – giving you peace of mind should you find yourself needing to make a claim on your insurance.

Beware, the cost of an excess waiver is usually per person, therefore, it may be more cost effective to purchase a policy with no excess rather than applying an excess waiver – something worth remembering when purchasing your travel insurance!

How does an excess affect my claims?

Depending on the travel insurer, you will either be required to pay the relevant excess before a claim is paid out or the excess will be deducted from the amount and the remainder paid by the insurer.

In some cases, a travel insurance claim can be rejected due to the excess not being paid so it is worth checking your policy wording to ensure you are aware of when to pay your excess.

Although we have mentioned several providers, please make sure you check the policy wording carefully to ensure the cover is suitable for your individual needs.

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What Does the Excess Mean on Travel Insurance?

13 May 2019 by Olga Brighton

Just in time for your summer holidays, here’s your guide to travel insurance excess . You always wanted to know what does excess mean in travel insurance, but were afraid to ask.

What is an Excess?

Like many other types of insurance, such as motor insurance or home insurance, your travel insurance usually comes with a specified excess amount. This is the amount that you will see deducted from your claim before it’s settled. In other words, if you make a claim on your travel insurance policy , the excess is the sum that the insurance company will deducted before they pay out. The excess is also sometimes referred to as a deductible.

How Does the Excess Work?

Most travel insurance policies have different excesses. These will usually vary per Policy Section. For example, the Medical Expenses Section may have a different level of excess to the Baggage Section, so check to ensure you are happy with the excess levels throughout your chosen policy before you buy. The way the excess works is as follows: if you make a successful claim for £300 and your policy excess is £50, you will receive £250, because you are responsible for the first £50 - which is your excess.

Who Pays the Excess?

Travel insurance excess is usually applied per person, per claim, unless stated otherwise in the policy. So everyone named on the policy will have their own excess applied. There may be a limit placed on the amount you are required to pay if there are several of you on one policy for one incident (eg: family cover).

Will the Excess Affect My Insurance Premium?

In short, it probably will. But when buying travel insurance, we suggest you look beyond the headlines and do your research. The cheapest policy may look great at first glance, but watch out for higher excess levels. If you have a claim this could cost you twice, or three times more than the next policy which may only cost you slightly more.

Read also: What’s Most Important to You When Buying Travel Insurance?

Why Is it Important to Know Your Excess Levels?

It's important to know your excess levels per Section so you can make an informed decision about whether it’s the right travel insurance for you. Remember: the excess amount will not be paid in the event of a claim so you may be out of pocket after a theft or loss while away, or even before you travel. For example, if your long awaited holiday costs £500 per person and the excess on your bargain-bucket travel insurance is £200, you can only hope to get £300 back, at most, per person, if you have to cancel your trip. Spending slightly more on your insurance in the first place (probably less than you’ll spend on snacks at the airport), could save you a fortune.

Do I Need Excess Waiver?

Purchasing Excess Waiver is a good idea if you wish to avoid any excess deductions in the event that you make a claim. It provides the reassurance that you will be fully compensated should any unforeseen mishap occur and you need to claim on your travel insurance policy.

Excess Waiver is usually pretty inexpensive so it’s always worth considering.

Wherever you buy your travel insurance, be sure to read beyond the highlights to check its the right cover for you and the trip you are taking.

Read also: When Will Travel Insurance Cancellation Cover Pay Out?

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Excess Waiver Travel Insurance

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Zero excess travel insurance is a common option for lots of traveller. Opting for the excess waiver will result in a slightly higher initial premium, however, travelling with a zero excess travel insurance policy could save you hundreds in the event that you need to make a claim.

If you would like to travel with one of Get   Going’s zero excess policies, you can opt for the excess waiver, on the options page, during your quote journey. 

The benefits of excess waiver travel insurance

Having the option of an excess waiver extension hands you the reigns and enables you to tailor the perfect policy.

•       Travel insurance with no excess is accessible on all cover levels: Basic, Standard and Premier.
•       Excess waivers can be selected alongside multiple other extensions including: Winter sports, gadget, cruise and force majeure extensions.
•       All policy types can be adapted to be no excess travel insurance, including: Single Trip , Multi Trip , Longstay and Backpacker .
•       Please note, the excess waiver extension will not apply to any additional medical excess which may be applied to your policy following a medical screening.
•       Get Going policies excesses are applied per person in the event of a claim, for example if there are two people insured on the policy, claiming for cancellation the excess will be applied to both travellers, but with the purchase of the excess waiver extension, zero excess will apply to any claims that are submitted.

Zero excess travel insurance provides an enormous sense of security and is perfect for all trips, especially the bigger ones!

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Travel Insurance with excess waiver

Deciding on the appropriate cover level should be a careful process, you need to make sure that if you do need to claim you won’t end up out of pocket. Once you’ve considered and selected the appropriate cover levels you might notice that your travel insurance excess is higher than you’d like.

If this is the case, excess waiver travel insurance is a great option. Select your chosen cover level and then when prompted opt for the excess waiver. This means paying a small, one-off fee, to waive all excess that the policy would have been subject to, leaving you with a zero excess policy and the cover levels you’re looking for. The perfect combination.

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Travel Insurance with no excess

Opting for a travel insurance policy with no excess will typically mean purchasing at a slightly higher premium, however, travel insurance with no excess can result in a saving of hundreds in the event of a claim.

Do I need no excess travel insurance?

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Frequently Asked Questions

The definition of travel insurance excess is the amount payable by you, in the event of a claim and is sometimes called ‘deductible’ rather than excess. Travel insurance excess is typically applicable per person, even when travelling on the same policy. In the event of a successful claim, the total excess is deducted from the total claim amount and the final difference is what you are owed.

ƗPlease note, Get Going ‘s online prices automatically include a 15% discount against our Customer Service Centre prices. This is discounted from our core policy price before you add any additional cost of optional extensions or additional medical premium.

$Get Going has been rated 4.7 out of 5 (Excellent) based on over 7000 customer reviews on Trustpilot. Based on Trustpilot data 2024

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Quota Bulletin 24-313 2024 Specialty Sugar Period 4 Results

Commodity: .

Specialty Sugar 

The tariff rate quota for Specialty Sugar Period 4 opened on Monday, April 15, 2024  

and over-subscribed at opening moment.  The pro rata percentage of 23.71155% or .2371155 

was calculated via ACE, a UC message was generated detailing the prorated quantity per entry.  

Reporting Instructions: 

Entries or withdrawals for consumption for specialty sugar presented after the opening moment period were not included in formulating the prorated or reserved percentage. 

Entry summaries (ES) that qualify for opening moment are rejected and sent UC messages indicating the prorated (reserved) amounts.  The reserved amounts must be retransmitted in five days through ACE.  

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Transfer Allotment requests must be approved by Quota and Agriculture Branch (QAB).  Please provide an excel file only in the format below, files submitted differently, will immediately be returned for correction. 

Remember entries are processed in the receipt order.  The transfer allotment total requested quantity may be equal to or less than the prorated total quantity.  

When retransmitting an entry summary, the line order should remain as originally submitted.  Additional lines may be added after the original line, for any non-prorated amount entered at the high rate of duty, do not change the original line order, or mix and match amounts differently than what was prorated without approval for an allotment transfer.  Any line adjustments processed without QAB’s approval, may result in a loss of some or all an importers’ quota reservation.   

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On retransmit of the entry summary, the payment type indicator should be left blank, if in CBP Control. 

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The filer/importer has five business days from the date of authorized release to re-transmit the data. The five-business day window expires on April 24, 2024, at 4:30 pm local time. 

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