The recent ski accident of F1 great Michael Schumacher provides us with a stern reminder of the importance of getting winter sports travel insurance. Skiing or snowboarding is always enjoyable but without insurance coverage, the vacation is something that you would rather forget.  We do not know when accidents may happen so it is always best to be safe than sorry. A November 2012 study by insurance firm Aviva showed that only 4 out of 10 first time snow sports enthusiasts have winter sports insurance coverage. The study also revealed that the more experienced winter sports enthusiasts are the ones who will most likely apply for this type of insurance. This goes to show that people who have gone on winter sports holidays are aware of the risks of this kind of activity. You might think that having an annual travel insurance policy is enough to cover you in case you get injured from engaging in winter sports. Bear in mind that the regular insurance policy will not cover you for winter sports. However, this may vary from one insurer to another so it is important to read and understand the fine prints. In general, winter sports travel insurance does […]