How many instances have you taken out travel insurance – or any kind of insurance – and then filed the policy away in a drawer or in your luggage with a contented sigh. You assume the job’s carried out insurance is in location and all will be nicely. That is, till you want to make a claim… Only then do you scramble to locate the policy, frantically research for the quantity to call the claims division and examine the tiny print and terms and conditions. If this is the way you have usually carried out it (be truthful, most of us have) maybe it is time for a rethink!
If the worst happens and you discover out that your ‘incident’ is not covered beneath a particular section of the policy and you can’t declare, who is to blame? All insurance policies regardless of whether travel insurance, car insurance, home insurance or any other type should have terms and circumstances. With out them it would be an irresponsible totally free-for-all with claims becoming made for anything at all and every little thing. Insurance organizations would not remain in company for really lengthy!
If you go on holiday abroad with your mates, drink alcohol to excess, fall off a balcony and sustain significant injuries must you really be shocked to locate that no a single is going to pay for your poor judgment? Without insurance it is the unfortunate families of the injured who have to foot the bills for medical care and possibly spend to fly them house by air ambulance.
Possessing enjoyable is 1 factor and insurance companies are not out to spoil your entertaining. Nevertheless, deliberately putting your self in harm’s way is not wise and travel insurance is not most likely to cover resulting mishaps. It is a known reality that many holidaymakers who go abroad nevertheless mistakenly believe their consulate or embassy will pay their medical expenses, get them out of jail, additionally offer free replacement travel paperwork if theirs are misplaced or stolen.
The good news is that insurance does function and valid claims do get paid. Seldom there is a dispute or appeal, but it is a process that in the end functions for all. If you change your thoughts following purchasing a policy there is a cooling-off period to cancel and implement for a refund (assuming you have not already departed for your vacation or made a claim).
Choose your policy with care and examine to make positive it addresses all the actions you have planned for your trip, as nicely as adequate medical cover. Once again, it is important to do this inside of the cooling off period. Bear in mind to verify which actions the policy contains, as most travel insurance immediately addresses dozens of frequent actions this kind of as scuba diving, horse riding, camel rides, water skiing, canoeing, cycling and jet skiing. If you are in any doubt always contact the insurer to clear up any confusion just before you leave on your trip. Reading the tiny print following some thing goes incorrect is not helpful if you discover that your policy doesn’t cover the activity. For example: you might only be coated for 1 bungee jump, or white water rafting up to Grade 4, but not Grade 6.
It is extremely important to declare any pre-present medical situations. If you neglect or fail to declare any it could cause invalidation of your insurance – and perhaps just when you require it most – when you require to make a claim! Most travel insurance contains automated cover for hundreds of healthcare conditions, so study the policy to examine.
Yes, travel insurance small print is tedious and annoying but it is also necessary and essential. Failing to read and realize the terms and conditions is only hurting yourself and putting you and your family members at danger of economic loss. Travelling without having insurance is not a great remedy either. You might as well accept the truth you require to sit down and consider a couple of minutes to examine the small print and terms and conditions before your subsequent trip!