No Drinking Please..
Posted by Administrator
Almost everybody loves to drink especially when they’re on vacation in another country having a good time, but did you know that getting drunk may invalidate your travel insurance? Almost all insurance companies have don’t cover drinking in their benefits. It is ok to drink and enjoy with your friends and relatives, but be sensible on your intake of alcoholic beverages and even drugs. Do not drink too much so that it won’t cause you much. Don’t risk your life by doing such thing. Insurers are very strict when it comes to this matter so you better keep this in mind in your future trip abroad.
Travel insurance policies: a headache?
Posted by editor
by: Christine Zafra
Travel insurances, just like home and health insurances, are quite tricky if a person reads their policies. A lot of people complain to the authorities about ambiguous statements in their policies, however, some are unluckier since they have to get ill first before they discover that some illnesses are not covered by their policies.
As a precautionary, you have to keep in mind that you should really take your sweet time when shopping for insurances. You can’t just settle for the first company who offered you this and that. You’ll probably end up being sick because the insurance company and their policies will cause you nothing but stress.
Photo taken from http://www.naturalheadacheremedies.com
Can’t afford long term? Try the short version
Posted by editor
It is not surprising, with the recession in full swing and the global economic crisis looming over everyone, for travelers to be a bit hesitant in getting themselves travel insurance.
But travel insurance IS important for travelers, at it covers a whole set of events that will prove to be expensive to shoulder straight from you wallet like loss of luggage or medical expenses you incur abroad or in places not covered by your regular health insurance.
If you cannot really afford long term insurance, then maybe you can try your hand at short term travel insurance. Short term travel insurance is usually 3-5 years, and offers more flexible payment terms and cheaper premiums. Rates and coverages differ depending on the insurance provider, so you will need to do some research to find which policy from what company works best for you.
Advertising Ploys – Fooling a Lot
Posted by editor
Ads are one of the most efficient word of selling products, and as with the insurance industry the same is the case. Many firms use the full spectrum of advertising including viral and other IT-based platforms that cost a whole lot less than traditional print and TV ads. They are also fast but people are warned about such adverts that tends to show more that it really should, misleading clients as to their provisions and inclusions.
Studies have shown that advertisements and other visually based methods of selling products have the ability to influence greatly our decision making abilities falling prey to them even without us knowing about it. Lawmakers have cautioned people about these advertisements along with a stern one for those guys who make them to present facts as they are without additional features that are not included in the actual policies.
Buying Insurance Online
Posted by Administrator
If you’re purchasing a trip or flight online, and you are offered the option to purchase trip insurance or trip protection plans, please be sure to read the fine print, or find out all you can about the coverage. While travel insurance can cover a variety of risks, such as medical expenses should you be injured or get into an accident during your trip or loss, theft or damage to your baggage and personal possessions, there may still be some strings attached. There are some factors an insurance company might require to be present before they accept your claim. For example, while some travel insurers cover the reimbursement of trips you cancel, they will usually only due to this if there is a valid reason, such as death or hospitalization of an immediate family member. Canceling a trip because your leave request was not granted will usually not be honored.
Some policies also commonly exclude pre-existing medical conditions, injuries or flight interruptions due to war or terrorism, pregnancy related expenses or injury or illness caused by alcohol or drug use. Usually too, you can only purchase travel insurance during the purchase of the trip itself, not after.