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Insurance

7 Things That May Not be Covered By Travel Insurance Providers

When the holiday season is coming, we could plan to spend a relaxing moment with the whole family at distant places. We will prepare our holiday well and we may have chosen reliable and trusted travel agent. We are confident that these professional will arrange our trip and we may think that we have wisely decided where to go. We may have done everything necessary, but not purchasing travel insurance. It means that there’s nothing we can do when the holiday has turned into a disaster. In this case, we will need a travel insurance that can provide us with protection. Travel insurance is an important instrument on our holiday and we should try to choose wisely. We will need to shop around for the best coverage and rate. It is also a good opportunity to obtain guidance from insurance professionals. We should be aware that even if have purchased travel insurance, we shouldn’t feel 100 percent secure. There’s no insurance policy that’s able to cover all risks. It means that we need to evaluate travel insurance policies for things that they cover and don’t cover. Knowing these details should prepare us for bad things that can happen in our trip. It means that we need to find the best coverage for our travel. Here are things that may not be covered by travel insurance provider: Trip cancelled by tour operator: This could be something that’s beyond our control. Many insurers won’t pay us if the trip is cancelled by the tour operator. In this case, the only thing that we can do is to ask the operator for a refund. The cancellation could happen due to internal company issues, so we should choose a reliable operator. War and riot: War and riot don’t happen overnight. If we risk ourselves to travel to potentially dangerous areas, we shouldn’t be surprised if the insurer doesn’t want to pay us. Illness or death of a pet: Owners often need to leave their pets at home country. However, if their pet becomes ill or dies, they may want to cancel the trip. Unfortunately, insurers are not compassionate enough in such situation. We won’t be paid for cancelled trips due to this situation. Psychological issues: If we have psychological issues and want to cancel our trip, companies will exclude this thing from the coverage. This situation may cause us to become more depressed, but it’s something that we need to accept. Marriage problems: Some people may have sudden relationship upheaval before a trip and divorce could even happen. This may sound like a one in a million chance, it could still happen. If one of the spouses files for divorce, the whole vacation plan will be ruined and it needs to be cancelled. This is something that’s not covered by the insurance company. Visa refusal: This may happen sometimes and what we can expect to get is a cash-back from our airline. Again, the travel insurance company won’t agree for such cancellation.

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Insurance

Things That Should Be Included in Insurance Policy

Travel insurance is something that we shouldn’t forget to buy before a trip. When it comes to insurance, we should be very serious about it. In this situation, we shouldn’t take any chance. There are many things that could go wrong in distant countries. It could cost us a lot of money if there are problems, such as injury and sickness. Here are things that should be covered by a travel insurance provider:

Travel Curtailment

Problems can actually happen before we go to the airport. A family member could become injured or ill, causing the curtailment of the trip. This is the basic thing that insurance provider should offer. We must be reimbursed for a portion of the vacation that’s not used.

Travel cancellation

Some travel insurance companies don’t want to reimburse cancellation because of the tour operator have gone out of business. If we don’t get this kind of coverage, we should look elsewhere. Cancellation could also be caused by death in the family, sickness and other things. Travel insurance should be purchased when we book the trip and we need to make sure that it covers us immediately at specific days before departure. We should also know that waiver isn’t really insurance.

Personal Liability

Personal liability is an important part of travel insurance. In case of legal liability, the policy should provide us with proper coverage. Problems could arise out of one’s negligence, which cause 3rd party property damage and/or 3rd party injuries or deaths. Insurer may also provide us coverage against theft or loss of items, such as golfing equipments and laptops.

Delay of Flight and Baggage

This coverage is often included with the “time excess”. It means that the coverage is activated when the delay has exceeded specific time frame. This could vary depending on the insurance company.

Emergency services

It is important for insurance companies to provide coverage for emergency services. This can be very helpful for travellers who want to obtain reliable medical emergency services during unexpected situations, caused by illness or accidents. Emergency assistance could also be provided by medical referrals, interpreter, legal professionals and embassy officials. We should check hospitals that are included in the network when we plan to visit specific areas.

There are types of insurance policies that we may need to choose. As an example, annual policy could provide coverage for the whole year. Another option is to buy insurance per trip basis and this may be a more expensive option, due to the higher premiums. There could also be limitations on how many trips that are covered each year and how many days that are covered for each trip. This should provide us with a clear indication whether the insurance policy is ideal, based on the premium rates and amount of coverage. Another way to reduce costs is by choosing the family vacation insurance. This will cater to immediate families that travel together. The premium is usually lower than insurance policies for individuals.