HOLIDAY-MAKERS can slash hundreds of dollars off the cost of their travel insurance by shopping around for the cheapest cover.
The level of cover - and exemptions - varies widely between policies, so care must be taken when choosing the right policy.
A review of policies on offer reveals that savings of up to one-third of the cost of cover can be found.
But those seeking the cheapest rates should remember that the wrong cover at the right price is poor value.
A Consumer Council spokesman said: 'Other than the premium, consumers should take into account the destination, duration and nature and content of their trips.' The variation between the schemes on offer is highlighted in the table.
Each of the policies offers different levels of cover with, for example, the Dao Heng policy specifically excluding loss of cash.
The Hong Kong Federation of Insurers said death, medical expenses, baggage and cash, personal liability, cancellation and delay should all be included.
