If you’re planning a holiday abroad, the last thing you want is for your dream trip to turn into a nightmare. Whether it’s lost luggage or a medical emergency, unexpected expenses can quickly add up if you’re not properly insured.

Here are some holiday insurance tips to help you protect yourself and your wallet:.

1. Check Your Existing Insurance Policies

Before booking any additional travel insurance, check your existing policies to avoid duplicating coverage.

Your health and homeowner’s insurance policies may offer coverage for certain issues that can occur while you are traveling, such as personal liability coverage and medical expenses.

2. Purchase Travel Insurance

If your existing policies don’t offer adequate coverage for your trip, consider purchasing travel insurance. This can provide coverage for issues such as trip cancellation or interruption, medical emergencies, and lost or stolen luggage.

3. Choose the Right Coverage

When selecting travel insurance, don’t just choose the cheapest option. Make sure you’re getting the coverage you need for your trip. You may need additional coverage for activities such as adventure sports or winter sports.

4. Read the Fine Print

Before purchasing any travel insurance, make sure you read the fine print to understand what is and isn’t covered. Some policies may exclude coverage for certain activities or medical conditions.

Make sure you understand exactly what you’re signing up for.

5. Declare Any Pre-Existing Medical Conditions

If you have a pre-existing medical condition, make sure you declare it when purchasing travel insurance. Failing to do so may invalidate your policy, leaving you with no coverage in case of a medical emergency.

6. Keep Important Documents and Contact Information on Hand

Make sure you keep important documents, such as your insurance policy and contact information for your insurer, on hand during your trip. This way, if something happens, you can quickly and easily access the information you need.

7. Know What to Do in Case of an Emergency

Before leaving for your trip, research emergency procedures in the country you are visiting. Know the location of local hospitals and emergency services, as well as the number for the nearest embassy or consulate.

8. Be Prepared for Flight Delays and Cancellations

Flight delays and cancellations can be a major headache, but travel insurance can help you recoup your losses.

Make sure you choose a policy that offers coverage in case of flight issues, and keep your policy information on hand in case you need to file a claim.

9. Take Steps to Prevent Theft and Loss

Reducing the risk of theft and loss can help you avoid potential expenses. Keep your valuables in a safe or a hotel safe.

Make sure you have backups of important documents, such as your passport and travel insurance policy, in case they are lost or stolen.

10. Be Prepared for the Unexpected

Even with proper planning and insurance coverage, unexpected issues can still arise. Make sure you have a plan in place for what to do if something goes wrong, and keep a level head in case of an emergency.