Five Travel
INSURANCE BENEFITS YOU THOUGHT WERE FALSE
A good part of our life is ruled by the actions and experiences of people around us. What we see and influences our decision making process.Our opinions are often based on someone else’s views, knowledge and/or experience. For instance, while planning for vacations we discuss about the destination, stay, etc. with people who have either been to the place before or with someone who lives there. We seek for reference for Visa processing, buy cheaper tickets and travel insurance plan.
It’s wise to seek advice from family and friends on things you plan to do, but it would be equally stupid if your actions are purely based on these advices; especially when it is something very specific to you and your requirements — like buying your insurance plan.
Every individual who is travelling abroad must cover himself under overseas travel insurance. When buying your travel insurance policy, do not fall prey to the myths revolving around such plans. Analyse the Travel Insurance plan that you choose to buy by understanding its list of coverages and exclusions.
People often miss out reading the terms and conditions of their overseas travel insurance policy and end up in crisis like situations. Which in turn forms misconceptions in their mind about travel plans. For example –
Myth 1. You need travel insurance only when you are on an adventurous trip.
Fact: Whether you are out for a regular family vacation, an overseas business trip or adventurous trip, an overseas travel insurance is a must for all. The coverage and the premium of the travel insurance may vary as per the nature of your trip, but it will prove to be equally beneficial for all in case of any emergency.
Myth 2. If you have a health insurance policy, you don’t need travel insurance.
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Fact: Firstly, your health insurance plan at home may not cover your medical emergencies occurred abroad, unless it is specifically mentioned in your health insurance policy. Moreover, a travel insurance is much beyond just medical coverage. It also covers you against financial loss that may occur due to emergency situations like trip cancellation, flight delayed, loss of passport while you are on your trip abroad, etc. Therefore, if you believe that you don’t need overseas travel insurance, please think again.
Myth 3. Your airline will provide coverage for a delayed / cancelled flight
Fact: Not all airlines will cover the cost of your tickets if your flight gets delayed or cancelled. Contrarily, an overseas travel insurance policy covers you for the cost of your flight ticket in case your flight has been cancelled or delayed due to any unavoidable reason.
Myth 4. All overseas travel insurance policies are same.
Fact: There are over dozens of travel insurance plans available in market today. You can buy your travel insurance policy based as per your own requirement like your travel location, trip duration, your age, medical conditions, etc. Therefore, at the time of buying travel insurance policy, ensure you look around at all available options and choose the one which suits your specific requirement
Myth 5. Travel insurance policiesdo not cover pre-existing medical conditions.
Fact: Might be true for some travel insurance policies, but there are many overseas travel insurance policies that will cover you for emergency treatment arising out of pre-existing medical conditions. However, there might be some terms and conditions attached to this feature, for eg some policies might cover pre-medical conditions but only for short trips.
So, if you are planning a trip abroad, make the most of your precious time and money, by taking a free online quote from www.insurecorrect.com. Compare the best policies available in the market and make the right decision.
