Planning to explore the outer reaches for a year? No matter if you’re setting out with a group or solo, it is always a better option to be on your guard and most importantly, be prepared for any exigent situations. And a travel insurance is the best way to go about it. Want to know more about travel insurance and why you should get it in the first place? Then read on!
Why Get It?
A year-long adventure on the outbound can certainly mean a few occasional nicks and scrapes, which need not raise any concern. But and if any emergency health concerns arise along the way of your travels, a good travel insurance could mean saving thousands of dollars while traveling abroad and minimizing a lot of unimaginable hassles in an unknown country.
It is one of your most important travel purchases, right along the lines of Visas and air-tickets. We always keep our fingers crossed that our travelers may never find the need for one while experiencing a world apart somewhere abroad, but keeping one with you while traveling internationally is the best case scenario.
And when it comes to travel insurance there’s no one better at it than World Nomads. Having partnered up with them, we are going to provide the best of travel insurance that suits your style of traveling, at amazing prices along-with 24/7 support from their end.
What Does A Travel Insurance Cover?
No two other travel insurance is the same and every plan or policy can have some distinctive points about them. The extent of your plan all depends on how much you can claim, what you’re covered for and how much you can pay in excess. This is that one particular aspect of travel expenditure where going frugal and opting for untrustworthy insurance providers don’t do you any good. Reading the fine print of a Travel Insurance is of utmost importance to get to know exactly what’s included and what’s not and also to make sure that you’re only paying for the things that you might need while traveling.
Essentially a travel insurance covers
If you have already paid for your trip in half or full and suddenly a situation arises owing to which you’ve got to cancel the trip or cut your trip short and return home- then having a travel insurance could mean saving your travel fund. One thing to keep in mind while getting your insurance is that the cover should begin from the start date of your trip. A good travel insurance provides cover for trip cancellations, trip interruptions for the prepaid and non-refundable portion of your trip.
Medical cover while traveling abroad is one of the most important reasons for getting a travel insurance. If you have suddenly taken ill or have met with an accident or have any other pressing health concerns while in the middle of your trip, your insurance is going to cover every medical expense, hospital stays, additional accommodation requirements, emergency flights back home.
A travel insurance also covers any unforeseen and unfortunate circumstances that may arise for you, your travel partner, your family members like emergency medical evacuation, bad weather, travel delay, plane crash, etc.
If someone sues you owing to any injury or property damage that you have caused them, a travel insurance is going to cover the legal expenses. It goes the other way around as well if you need to sue anyone and take appropriate legal actions against someone, a third party.
Those used to Air travel must be knowing about the prangs of luggage loss and damage as well. And when setting out for a year, such an incident can even ruin the beginning of an exciting journey for you. In the event of any luggage loss, theft or damage your insurance is going to cover any costs associated with it and compensate in full for Passport, tickets, camera, money, luggage or any other expensive personal items.
It is important to keep in mind that this type of covers usually have an upper limit on the total claim and the per item claim, so, it is important to single out any expensive items you may have had in the luggage and mention them individually. Before paying the cover amount, your insurance provider is going to ask for a police report. Thus, it is important to report any theft of personal belongings to the local police within 24 hours of the incident.
What Should Be There on Your Insurance Checklist?
It is certainly important to be informed about what all are going to be covered by your travel insurance provider well ahead of your trip. It is also equally important to know what is not included in the insurance cost and read any and every terms and conditions thoroughly before buying a policy. Before delving into the insurance checklist, these are a few typical exclusions, most of which could be avoided by being a cautious and responsible traveler.
Typical Exclusions are-
- Accidents caused due to alcohol consumption or by engaging in dangerous sports or adventure activities.
- In the event of any any injury or death caused by acts of terrorism or nature.
- Any unforeseen health concerns arising out of an undeclared previous illness.
Here’s a checklist of things that you need to keep in mind while buying a travel insurance policy and spending your precious travel fund on it.
- Contact a number of insurance companies and take quotes from each of them. Compare one against another to find the best one of the lot.
- Keep in mind a list of covers that you’re going to need and read the fine print of coverage details to avoid any insurance traps or loopholes.
- Make a list of any and every question that you have and get your doubts cleared by your insurer and get it in writing before making a final decision and signing on the contract paper.
- Look up if your insurer has the provision of extending a trip for and if you suddenly decide to stay abroad for a little while longer. Some policies are only known to provide coverage for a period of 1 year and not a day beyond it.
- It is important to check if all your planned destinations are covered by the insurance you’re getting.
- If you have any pre-existing medical conditions or if you have special needs, it is important to check in with the insurer whether they are going to provide cover for that or not.
- Are you an adventure freak and looking to get in on some fun adventure activities while traveling? Do look up if such adventure activities are covered or not.
- Check and tally the policy excess amount that you have to pay for each claim. For example, if your policy excess is $100 and your claim is for $500, the insurer will be paying $400.
- Check the cover for your personal belonging, especially the valuable ones like your electronics (Cameras, laptops, phones). There are provisions for paying an extra fee to increase the cover on valuables if you don’t find the standard limit to be adequate.
How To Make On A Claim In Your Insurance?
If that sad time ever comes when you need to make a claim on your travel insurance, it is important to know the in and outs of the claim making process so that you don’t miss out on the cover compensation due to any simple overlook. Find below a list of general guidelines on how to make claims, but we would still suggest you go over the policy documents for the exact process. And most importantly, be sure to keep a copy of your insurance (not the original one) on your persons at ALL times.
As we have talked about earlier, it is important that you understand thoroughly what is and what is not covered medical wise by your insurer. When it’s something simple like a doctor visit for a not so serious health concern, then you can pay the doctor’s bills up front and make a claim later on by providing the doctor’s prescription and bills. If it is a really minor incident with no huge expenses, it would be best to foot the bill yourself rather than making a claim for the same, as you will be avoiding the policy excess in doing so.
In case of an accident or an emergency, it is important to hold on to any papers that the hospital or the clinic gives you as they are pivotal to your claim making process. It is best to have your insurer’s hotline number and your insurance number on you at all times. You need to phone them and provide them as much details about your accident or your illness as you can to kick-start the claim making process. If you’re traveling in a group of 5 or more, you can opt to avail a group insurance, but if your group is less than 5, then it is suggested that you share your insurance numbers with each other to make things easier in the event of an emergency.
Delays and Cancellations
Cancellation of flights can lead to delays in your plans and can cause further issues for your travel itinerary. If your departure is delayed due to the cancellation of your flight, you will need a written confirmation from your carrier or the travel operator whom you’ve made bookings with. It is best to get this done at the time of the delay itself to validate your claim because as long as you leave it, the more complicated it gets!
Reporting A Crime
In the event of a crime, you need to report it to the police within 24 hours of the incident and get a hold of all the copies of the police proceedings to make a valid claim, otherwise, you are going to be in huge trouble. Also, keep a note of all the people you’ve come in contact with during this process as their inputs could turn out to be helpful too.
Different Methods Of Filing A Claim
There are different methods of filing a claim and it varies from insurer to insurer. It can be settled over phones or even through online forms by attaching supporting documents. The more relevant information you make available, the faster is your chance to get your money. If you’re filling a hard copy of a form and sending it by post, then make sure to send it by special delivery, so that it's signed and recorded!
A thorough read through this article before buying a travel insurance could prove to be helpful in the long run, after all, an insurance is nothing less than a travel investment. Get your insurance sorted and have an amazing experience abroad!