You’re all set for your next trip to Croatia. Your flight tickets and hotel bookings are done, your forex card has arrived. Pause. You haven’t bought a travel insurance policy and now you are wondering if it’s necessary! If this is you then read on, because now is the time to apply for one and secure your right to a safe travel.
Buying travel insurance online is serious business and it requires multiple considerations before you take a final decision. It is important to realize that not all travel insurance policies are the same and it is necessary to understand the coverage offered.
To acquire travel insurance, you must ask several key questions. Some of the key ones are listed below .
- What is your regulation and license number?
It is mandatory to know the regulatory body and the license number of the company issuing the travel insurance policy. This is important as there are many a fly-by-the-night travel insurance companies which turn out to be bogus.
- Will it be a direct or guaranteed payment?
Find out if the travel insurance company will directly pay the providers offering medical help at various travel destinations or reimburse your bills. This will help you decide wisely if you can afford to pay the medical facility on your own or not.
- What is the maximum payable amount on travel insurance?
Maximum payable amount is the total cummulative ammount that an insurance provider can pay for covered expenses. It is imperative to know the exact amount that is payable as travel insurance claim.
- What is the cost of the travel insurance policy?
Knowing the cost of travel insurance will let you calculate your travel budget including the insurance. Most insurance plans range between 4% and 8% of the total cost of the trip.
- Which countries are covered under my policy?
Before fixing on a travel insurance plan know which countries are covered under the travel insurance policy. This can come in handy later when you need to travel to a different destination.
- Do you provide round-the-clock customer service?
Check if the company offering a travel insurance policy has a robust 24x7 customer service in place. If yes, then do not hesitate to understand the terms and conditions of the policy. This is crucial as you might find yourself in an unfortunate situation at odd hours in unfamiliar lands.
- Will it cover my pre-existing health condition?
Look for a travel insurance policy which covers pre-existing conditions. Simply put, if you have been undergoing a health condition for long, find out if the travel insurance policy has coverage for this too.
Ask the right questions and you will find the right travel insurance policy that will ensure your travels are safe, secure and happy!
