How To Protect Yourself From Travel Insurance Exclusions

What are the Major Exclusions of a General Travel Insurance Policy? - ABC  of Money

What is travel insurance?

The costs and damage related to domestic and international travel are covered by travel insurance. It covers financial loss due to a variety of unanticipated occurrences that one typically tries to ignore while arranging the holiday or a trip, such as theft, passing away, medical problems, lost luggage, flight delays, etc. 

What is covered by travel insurance? 

  • Loss of personal belongings and luggage 
  • Passport misplaced 
  • Unexpected medical costs 
  • Returning human remains home 
  • Hospital cash reimbursement 
  • Accidental passing away or total disability for life 
  • Sabotage of the distress allowance 
  • Compassionate family members’ visit 
  • Personal responsibilities in the event of third-party harm or loss 
  • Travel delay and missed connection 
  • Functions of travel insurance 

Eligibility criteria

Since there are various types of plans covered by travel insurance, eligibility requirements and age restrictions will vary from policy to policy. Let’s analyse this.

  • Plan for family travel: It provides coverage for two individuals up to the age of 60 and their two children up to the age of 21. 
  • Student travel insurance: Students between the ages of 16 and 40 who are pursuing higher education overseas may purchase this plan. 
  • Plan for older citizens seeking travel insurance: This policy is available to those over 85. 
  • Plan for Schengen travel insurance: Adults must be up to the age of 70, and newborns must be older than 90 days to qualify for Schengen travel insurance. 
  • Two people who must be up to the age of 60 and two children who must be under the age of 21 are covered by international travel insurance

Claims procedure 

  • Inform the insurance provider by phone or email if there is a crisis while you are travelling. 
  • A claims service representative will assist you in filing a claim, understanding the procedure for doing so, and obtaining the supporting documentation needed for that particular policy. 
  • Download the appropriate claim form. 
  • Submit the properly completed claim form together with the necessary documentation. 
  • An insurance company-appointed surveyor will evaluate the documentation. 
  • The business will determine whether to accept or reject the policy following an evaluation. 

Documents required for claims processing

  • Original boarding pass or ticket 
  • A copy of the passport with the dates of travel 
  • Demand form 
  • Original receipts, bills, and vouchers 
  • Medical invoices with prescriptions, authentic admission/discharge cards, and doctor’s consultation notes are required for medical insurance for travel claims. 
  • Emergency travel authorisation plus a copy of a new passport (in case of loss of passport) 
  • Information on any compensation given by airlines (in case of loss of checked baggage) 
  • Message from policyholder outlining the cause for the trip’s cancellation 
  • Copy of a cancelled check  

Exclusions 

The scenarios and cases that you can encounter when travelling are not all covered by international travel insurance. If the claim has been filed due to one of the following circumstances, the insurance will not be obligated to pay: 

  • Health issues that are already present 
  • Radiation poisoning 
  • Fatal sports accidents 
  • Self-inflicted harm 
  • Using a vehicle that isn’t authorised to transport people 
  • Surgery costs, unless they resulted from an accident 
  • If not notified within 24 hours of the incident, lost luggage 
  • Loss of some of your checked baggage 
  • Pregnancy-related medical emergencies, such as abortion or miscarriage 
  • War break-out claims 
  • Medical emergency brought on by alcohol use 
  • Claiming alternative medicine to allopathy

Important factors 

  • If you alter your vacation plans because of personal matters, the claim can be refused. 
  • You won’t be covered by insurance for that specific condition if you have a pre-existing health condition. 
  • You must provide verifiable evidence to support your allegation. If it is discovered that you self-inflicted your illness, your claim won’t be accepted.

Keep these points in mind when you buy travel insurance.

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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