• Travel Insurance Blog

  • Monday, August 21, 2017

Women who travel during pregnancy are prone to certain travel risks which requires careful consideration. If medical complications arise during their travel, urgent medical attention is a must. This would ensure that both the mother and the baby are protected from unwanted health risks.

In order to be prepared for such exigencies, expectant mothers should purchase an international travel insurance plan that offers coverage benefits for any pregnancy complications or risks that may arise during the travel abroad.

Note that many travel insurance plans exclude coverage for pregnancy and child birth. This is generally mentioned in the exclusions section of the international travel insurance policy document.

It is also advisable that pregnant women choose a travel insurance policy which covers for medical evacuation so that you would be transported to the nearest medical set up which offers treatments of a certain standard in case you require emergency assistance. This is extremely important because not every medical facility takes care of hygiene and mandatory precautions like not reusing needles, sterilizing the wards, etc… Lastly, it is better to avoid travel during the later stages of pregnancy unless required.
During the challenging financial situations, the possibilities of cancelled flights and trip interruptions due to bankruptcy of certain airlines are not uncommon. In these cases, international travel insurance proves to be a huge blessing for the insecure travellers.

In order to be protected for airline bankruptcy, you need to choose a travel insurance plan that covers for the financial default of the travel agent or provider. This includes tour operators, cruise package dealers and airlines who are involved in organizing your vacations. If the travel supplier is declared bankrupt, the insurance provider would reimburse you the advance expenses incurred for the cancelled travel.

Note that this is not a standard benefit covered by every international travel insurance policy. While some offer coverage under certain strict terms and conditions, others totally exclude covering this possible exigency.

You can consult your policy document or the actual policy certificate to see whether this benefit is mentioned. Ensure that you note the conditions under which you are covered. You may gather more information by calling up your insurance provider if you have certain clarifications.

Does your trip cancellation insurance cover you in case you want to cancel your trip due to any warnings of a war breakout of terrorist activity in your destination land? The answer is, some policies do while some policies don’t.

In addition, most insurance plans do not reimburse in case you fear of any such emergencies. Your claims may become valid only when media or law enforcement authorities declare such threats.

Further information can be got by reading the .(JavaScript must be enabled to view this email address) policy document. Some of the policies include clauses like “force majeure” which deals with insurance coverage due to such exigencies.

Certain travel insurance plans cover the cancellation expenses in case the government issues a warning. Again, the maximum distance from the attack spot around which the coverage would be offered is generally mentioned. Most of the policies do not offer coverage for losses during war or any war related threats.

Generally, you would be entitled for a reimbursement only if you have already purchased the policy before such major events. In case you have such specific concerns, it is better to ask your insurance provider about the terms and conditions before finalizing the plan.

Imagine your luggage gets lost or damaged while you travel in an airline. In that case, the airline is bound to compensate a certain amount by law. However, the flight carrier would try its best to bring down the value of your baggage in order to minimize the loss. If you want to prove it otherwise, you need to produce the receipts of the items that you had carried in the baggage. This is not really possible every time.

For passengers who travel with expensive items, the compensation that they would be entitled to by default may be too low as compared to the actual value of the baggage. This is when EV (excess valuation) comes into picture.

EV is the additional amount that you would be entitled for over and above the default compensation, in case your personal baggage is damaged of lost during transit. You need to pay a small fee in advance and also declare the valuables that you carry before take off.

Whether you would require EV or not depends on the real worth of your baggage. The additional expense is worth if the value of your personal belonging is too high.
In the past, buying international travel insurance was considered a waste of funds. This is because the reasons for denial of various claims were high and it frustrated the consumers who felt that they were being cheated. In fact, there came a time when travel agents who included travel insurance as a part of the package deal were insecure of losing potential deals.

The trend is changing now as the insurance sector has diversified its products based on the needs of the consumer than providing only comprehensive insurance packages with fancy premium rates. Smart travellers can research on the coverage benefits and finalize an insurance plan customized to their needs at affordable premiums based solely on their travel requirements.

Reports state that after 9/11 event, the travel insurance industry has at least 10% more new customers. People have started believing that buying an appropriate travel insurance plan gives them the security to travel long distances without needing to worry too much about safety and assistance during the trip.

The credibility of the insurance providers offering protection during exigencies has been established.
Traditional travel insurance policies reimburse for trip cancellation only if your trip gets cancelled or interrupted during the travel due to injury or illness. You may be reimbursed even if you cancel due to sickness just before departure.

However, if a pandemic breaks in your destination country or you are not sure about good weather and you decide to cancel your trip due to some imagined worries or uncertainties, you would not be reimbursed for your losses.

"Cancel for any reason" benefit in trip cancellation insurance covers you for any cancellation reason and typically offers 75% reimbursement of your expenses that you have paid in advance while planning the travel. Generally, you may have to cancel about 2 days prior to your departure to reap best benefits.

The price that you pay for this additional benefit is an additional amount of about 50% of your travel insurance plan. The premium is quite high if you avail this benefit but it is value for money if the planned trip is of very high value and the losses would be huge in case the travel gets cancelled.

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