Anyone who is travel savvy buys Travel Insurance when they’re venturing on a trip because they know that it can be a life saver.
What could be more reassuring?
Cover for all those unexpected dramas that could cost you thousands, like emergency medical expenses, lost and stolen baggage, flight delays and cancellations. Even legal expenses cover if you need it.
However, every year we see too many incidents of avoidable pitfalls that customers plunge into. Problems that could be completely avoided easily and cheaply. Like what?
We list the top pitfalls that you should look to avoid before it’s too late for you. Some simple do’s and don’ts for Travel Insurance to know before your next trip.
Regularly take medication for a medical condition?
If you have a pre-existing medical condition, it’s essential to check and comply with the rules set by the travel insurer. It may be a longer process or more expensive for you to buy insurance that includes cover for your pre-existing conditions, but always check your options.
Planning some new adventure activities?
Fancy a bungee jump? Diving? Mountain trekking or swimming with dolphins? Everyone likes to try something new, especially on holidays, but you are more at risk of injury while participating in adventure activities and did you know that you may not be covered by your travel insurance? Most insurance companies have a list of accepted ‘adventure activities’ so check before you go, as you may be able to pay an additional premium if you are trying something more adventurous.
Bought your Travel Insurance too late?
Don’t make the mistake of not buying Travel Insurance as soon as you’re booked and paid for your trip. The best time to buy is as soon as you paid the first deposit, or certainly before you travel. You’ll be covered for certain unforeseen problems like death or serious illness of anyone on the policy, or a close relative or business associate, redundancy, etc
Opted for the cheapest policy?
One of the most common pitfalls is people buying cover without checking it sufficiently meets their requirements. Think about the cost of your holiday if you had to cancel, the luggage you are taking in case it’s stolen, any connecting flights and pre-paid excursions, so get sufficient cover to avoid disappointment and extra costs if things go wrong.
Not understanding Claims Requirements?
It’s worth taking a look at what you might need to make a claim before you face the stress of actually having to make one. All insurance companies will require evidence of any loss before they pay a claim. This might be a police report from the local Police in the country where the incident occurred. Evidence from the airline carrier, tour operator, hotel or accommodation provider where there is any cancellation of the trip, will also be required.
One of the biggest misconceptions travellers face is that they will be covered for every situation – unfortunately they won’t, so know your cover and the claims procedures.