A crucial tool for protecting yourself when travelling is travel insurance. Although most travel insurance claims are approved, a tiny minority are rejected.
Fortunately, denials of online travel insurance claims can be readily prevented by fully understanding the conditions of your coverage. Being a responsible traveller can prevent many causes for denying a travel insurance claim. At the same time, other reasons may need you to research and consult with your insurer to select the ideal policy for your trip.
While submitting a claim, one should make sure of a few factors, including:
Before purchasing, review the fine print, exclusions, and pre-existing sickness provisions.
Examine the cancellation policy before the trip.
Be sure to act safely while travelling.
After the trip, make sure the proofs of loss are complete and timely submit a claim.
The sections that follow have each examined one of these ideas.
Review the fine print, exclusions, and pre-existing disease clauses:
Check the fine print, especially the exclusions and pre-existing disease restrictions, before buying the ideal travel insurance for the USA or any other country. For instance, before purchasing travel insurance, you must double-check all the information and be aware of the exclusions.
So, when choosing the ideal international travel insurance, review the exclusions if you participate in extreme activities. Like the last example, your claim will undoubtedly be denied if you are under alcohol or drugs, have pre-existing medical conditions that are typically excluded from travel insurance coverage, or both.
Other mistakes made when filling out the application form include the following:
Misspellings of names (such as the policyholder’s).
Dates of arrival and departure.
Examine the cancellation policy before departing:
Checking whether there is a provision for trip cancellation in the online international travel insurance they purchase is another thing to bear in mind before leaving. You must double-check with the insurance if it still needs to be listed.
Additionally, if this choice is not accessible for basic policies, you might purchase an add-on cover that will pay trip cancellation fees. However, there can be other caveats that you need to be aware of in specific situations, such as terrorist strikes.
Maintaining safety during the trip:
You need to be aware that the insurance won’t pay out if anything unfortunate occurs to you when you’re under the influence of alcohol. You must therefore use extreme caution and abstain from abusing alcohol or drugs.
The insurer may also deny a travel claim if you lose items as a result of your negligence, such as when you leave a bag unattended, and it is stolen. Keep your things in the hotel or bank’s lockers. Post-trip, confirm that all proofs of loss are in order, and promptly submit a claim.
Insurance companies may also deny claims because the claimant does not offer sufficient supporting documentation. A legitimate justification for denying an insurance claim is a lack of evidence.
Additionally, claims must be submitted within a specific window, failing which the insurer is not required to pay the share. Generally, you must submit a claim within two weeks to be eligible for payment.
‘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.‘
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C apply