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Cheap Travel Insurance: How to Snag the Best Deal Like a Flight Pro

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Finding cheap travel insurance is just as important as hunting down a low fare. There is a certain moment of euphoria that every “flight hunter” knows: the moment when the screen displays an outrageously low price for a dream flight. We celebrate every dollar saved on a seat or a trolley, but then comes the final stage – insurance. Most travelers, out of fatigue or lack of knowledge, simply choose the first offer they see at a health fund or on the airline’s website. At this point, insurance companies profit where airlines have not succeeded. Having been in the insurance industry for over 15 years, I can tell you with certainty: the world of travel insurance is a market of “hunters.” One insurance company may decide it wants to attract backpackers to South America and offers groundbreaking prices, while another focuses on families heading to Europe. If you don’t compare – you’re not hunting, you’re being hunted.

Finding Cheap Travel Insurance Online: Compare Prices Fast

When we established “Insurance Market,” the goal was to bring the Fintech world into our mundane policy. We invested over a million shekels in developing an algorithm that accurately diagnoses insurance company price lists. Our system scans the entire market and presents you with the full picture in 30 seconds. The result? Our insured have saved a total of over 20 million shekels. This is money that went directly back into travelers’ pockets instead of remaining in company coffers. Try us, at most you’ll lose half a minute – Travel Insurance Price Comparison

Don’t Overpay for Your Medical Condition

A true hunter knows that the real savings lie in the small details – in the medical underwriting. Take a classic case: an older insured, or a traveler who had a minor medical event in the past year. One company might define them as “high risk” and raise the price by hundreds of dollars. Another company, thanks to our smart questionnaire at “Insurance Market,” might define them as “regular risk.” A proper comparison of the health questionnaire can save tens or even hundreds of dollars with just one click. The professional information available on our site prevents situations where one company might reject a claim in the future, while another does offer the appropriate coverage.

The Rating That Matters: Quality vs. Price

Just as you check a hotel’s rating on Booking, on the “Insurance Market” site you can find ratings from real insured individuals on the quality of service of insurance companies. “The cheapest” can sometimes be very expensive on the day you need service at 2 AM in a hospital in Bangkok. A smart hunter checks the Value for Money: Claim Payments: PassportCard companies provide a prepaid credit card that allows you to pay the doctor without taking a dime out of your pocket, compared to competing companies offering services via an app, such as quick reimbursement or prepayment for a doctor visit or phone service from a local doctor at no cost through Airdoctor. Valuable Benefits: PassportCard also offers you benefits at the currency exchange rate and VAT refunds if you’re a shopping enthusiast, while at the Insurance Market you can get discounts for data packages and foreign transactions using the Laya card, benefits equivalent to cash. When you weigh them, you find that quality insurance is sometimes the most cost-effective.

The Agent Myth: Pay Less and Get More?

The most common mistake is thinking that an insurance agent increases the policy cost. The reality is the opposite: at “Insurance Market,” the prices are the original insurance company prices, and we add exclusive discounts we’ve obtained as a purchasing power of over 100,000 insured. The personal guidance of an expert agent is provided to you at no additional cost. This means you have professional backing that knows how to fight for you against the insurance company at the critical moment, and that’s worth much more to you and saves you hours on the phone with company centers, much more than any savings of a few cents.

The Last Hunting Tip: Trip Cancellation and Baggage Insurance

Before you pay, if you are aged 40 and over and have parents over 70, make sure the policy covers you in case one of them unfortunately falls ill or is hospitalized while you’re traveling abroad. This is the biggest “hole” in standard policies, and it could cost you thousands of dollars in hotel and flight cancellations. If you’re renting a car and have expensive equipment in the vehicle, make sure the insurance company does not limit the coverage to $300 in the event of all luggage being stolen from the car. At the Insurance Market, you can filter coverages according to your travel nature and find the policy at the best price accordingly. In Conclusion: Don’t stop hunting flights, hunt the insurance too. In 30 seconds on the “Insurance Market” site, you get the best price, the most accurate coverage, and the peace of mind of an expert accompanying you. Go ahead, the money you save on insurance is your next flight. Boaz Katzir, CEO of “Insurance Market” (shukabit.co.il), a travel insurance expert with 15 years of experience. Boaz leads the digitization and transparency revolution in the industry, aiming to provide the Israeli traveler with the highest value for their money through smart comparison, personal guidance, and strict quality ratings.    

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