• Travel Insurance Blog

  • Friday, February 03, 2012

A recent poll survey reveals that 20% of holiday travellers risk going on a holiday without buying a suitable travel insurance policy. Cheap internet deals for a variety of destinations are available within a few clicks of the mouse. In this excitement, many people choose to go on exciting vacations but neglect the importance of protecting their family by choosing a tourist insurance plan.

The percentage of men deliberately choosing to be uninsured is relatively higher as compared to women. About 4% of the population who participated in the survey revealed that they have never taken any travel insurance in the past!

In addition, the alarming research revealed that people in their 20s think that purchasing a travel medical insurance is just a waste of money at their young age and nothing critical would happen during the trip that they need to be really protected.

Among the people who purchase tourist insurance plans, more than half of the respondents buy their own travel insurance while about 14% of them still prefer to purchase it from their travel agent.
When you purchase a travel insurance policy, it is necessary to read the small print in order to ensure that your claims would be reimbursed in case something goes undesirable.

  • Stolen personal belongings – though you might have ensured for the personal belongings, if you have lost it due to sheer carelessness, you would not be reimbursed

  • Expensive items – even if you insure for the valuables that you are carrying, insurance companies, set a maximum limit for reimbursement

  • Multiple excesses – This can apply if you are travelling in a group. Otherwise, multiple excesses may be charged in the case of a single event for which you file your claim

  • Claims for injuries or accidents – This does not hold good in case you meet with an accident due to alcohol addiction, substance abuse or if you have self-inflicted injuries

  • Adventure sports – Most of the policies have this as an optional coverage. However, reimbursement is not provided if injuries are caused due to unsafe activities without adequate precautionary measures

  • Terrorism coverage – If you travel to a country which is not recommended and you meet with any emergencies, the insurance company would deny covering your expenses for such claims

    • People who have crossed the age of 65 years find it really difficult to get an insurance provider who offers an affordable international travel insurance plan with comprehensive benefits. This is because the chances of older people encountering medical exigencies and filing claims are statistically and understandably too high, especially due to the age factor.

    In addition, the senior citizens have greater chances of getting into serious medical complications as compared to young adults and hence the amount filed for claims is way too high as compared to the younger policyholders.

    Hence, even if the senior citizens happen to be eligible for certain beneficial travel insurance policies, the premiums that they are required to pay are at skyrocketing levels and many of them find it very difficult to afford such high prices during their old age. In fact, some insurance providers charge the senior citizens twice or thrice higher than what they charge people who are under 65!

    Many insurance providers refuse to cover an individual above 70 years and if people want travel insurance coverage when they are over 80 yeas, the choices are too limited to very few specialist insurance providers.

    Imagine you are on a trip and suddenly you encounter sudden medical exigency. Here are some tips on what you need to do immediately

  • Call your international travel insurance helpline number who can assist your with their service providers network. They would guide you in case any emergency and assist you in getting to the nearest medical set-up

  • You may even call up the US consulate or the Embassy. They would be helpful in guiding you how to go about for obtaining medical care

  • There is a non-profit organization called International Association of Assistance to Travellers in the US. You can enrol yourself into this organization as membership is free and support them with your modest contributions. During emergencies, they have a tie-up with the doctors and medical experts who are willing to treat their members

  • Many travel insurance policies cover you for transportation to the nearest medical set-up and assist you in repatriation if required. This is the main reason why it is important to choose appropriate medical coverage while purchasing the travel insurance policy


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    Trip Cancellation Insurance
    International Medical Insurance - Short Term

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