Arranging insurance
Essential guide table of contents
Home, car, medical and travel insurance is a necessity when travelling or exchanging. Every country has different insurance requirements. It is always advisable to check with your own insurers and discuss insurance with your exchange partners.
Home Insurance
Most home insurance companies will cover not only the insured party but also their friends and guests, should an accident occur in the insurer’s home. Indeed, most insurance companies are only too happy to know that your home is occupied and not being left empty for long periods of time.
It is advisable to check.
Car Insurance
Exchangers, who exchange not only their home but also their car, should encounter few problems in arranging adequate car insurance as most world wide policies allow for another driver to drive your car. You may however, have to arrange for your exchanger’s name to be added to your own policy.
It is advisable to check.
When considering driving in another country remember to think about the following:
Will you need an International Driving Licence?
Do you need to be twenty-five or older to drive someone else’s car?
Make sure you have, in your possession, a signed letter of authorisation from the car’s owner giving you permission to drive their car.
It is advisable to check.
Travel/Medical Insurance
For your own peace of mind, it is always advisable to have insurance protection when travelling abroad. There are many companies to choose from, all offering similar rates. Some companies now provide cover for travellers with pre existing medical conditions. Certain policies will also cover your airfares should your exchange partner have to suddenly withdraw at the last moment.
It is advisable to check.