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Things to Know Before Purchasing Travel Insurance

undefinedDon’t let the additional cost of travel insurance discourage you from the making the investment, the peace of mind alone that it grants is more than worth the monetary investment. The trip you’ve been dreaming about for years shouldn’t have to be affected by circumstances out of your control.

Due to global events, travelers have ramped up their travel insurance purchases by more than 15% since 2012. If you’re planning on purchasing a package for a future trip, there are a couple of steps you should take prior to buying.

Begin by familiarizing yourself with the types of coverage available. These include but are not limited to medical, cancellation, and flight insurance. Of these insurances, cancellation is the most common and is included in just about every comprehensive policy. This insurance will cover circumstances such as you or your travel partner getting sick, a legal obligation, and other factors.

When it comes to medial insurance, you’ll first need to figure out whether you need to purchase a plan designed to cover pre-existing medical conditions. These plans typically cover the cost of an ambulance, hospital services and provide around the clock emergency assistance.

Flight insurance is meant exclusively for any difficulties that may arise regarding your flight. Typically these policies are purchased for international trips due to the higher fare costs. Flight insurance can help with saving on the cost of delay fees or a cancellation due to bad weather or a mechanical issue with the aircraft.

When traveling abroad you don’t want any surprises so it’s imperative that you read your policy in its entirety so you know what’s included, any restrictions, or what may not be covered. When news of the Zika virus began to proliferate, many Americans were unaware that their standard travel insurance policies did not cover trip cancellation due to a heightened outbreak risk.

This update is provided by travel insurance provider Trawick International. Some of our travel insurance plans include international and domestic inbound and outbound travel insurance, missionary travel insurance, trip protection and cancellation, visitor insurance, and Schengen Visa. Call 877-233- 4591 for more information.

By Administrator at 30 May 2016

Medical Emergencies and Claims When Traveling Abroad

undefinedWill you be traveling abroad this Memorial Day weekend or during the summer? Having travel insurance is imperative to take care of potentially costly expenses due to an unforeseen medical emergency. It’s also important to be aware of your policy details including the number to call in case of an emergency. Not being prepared with the necessary information could lead to hassles for your family or time sensitive delays if you need to be hospitalized overseas.

If your plans involve a hiking, skiing, or any activity that involves significant physical activity, strongly consider having a checkup done before leaving . You should also have your insurer’s telephone number readily available and policy details like your policy number.

Travel insurance companies will typically extend two types of insurance claims: Cashless Facility or Reimbursement Facility, and it’s important to understand how these differ. In a Cashless claim, the customer or a representative from the hospital can contact the emergency line mentioned on the insurance policy to register a claim, which will be validated by the insurance company’s Assistance Service Provider. Should the claim be payable, the due authorization will be given to the hospital and the Provider will take care of settling the bill with the hospital.

In a Reimbursement Claim, the customer or a nominee contacts the emergency number on the policy and registers their claim on the date of the incident. The insurance company’s Assistance Service will validate the policy, acknowledge the claim, and provide the number for the claims registration. There will likely be a specified timeline to submit the claim supporting documents to the insurance company. If and when the claim is approved, the amount will be paid by the insurance company to the customer or nominee.

This update is provided by travel insurance provider Trawick International. Some of our travel insurance plans include international and domestic inbound and outbound travel insurance, missionary travel insurance, trip protection and cancellation, visitor insurance, and Schengen Visa. Call 877-233- 4591 for more information.

By Administrator at 28 May 2016
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By Joseph Lister at 21 Jun 2016, 04:24 AM on Things to Know Before Purchasing Travel Insurance

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By Auto Insurance at 8 Sep 2017, 06:22 AM on Medical Emergencies and Claims When Traveling Abroad

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