Are you planning your next big trip and wondering - what does travel protection cover? Then you must be thinking if it's worth getting your travel insured. Surprisingly, only 38% of travellers consider getting travel insurance. Most of us think that we'll never end up using the insurance package.
But you'll be surprised to know that the US Travel Insurance Association has found out that 17% of people who buy holiday insurance file a claim at some point. But if you are still not sure it's the right choice for you, then hear us out.
In this article, we will tell you what should travel insurance cover and how you can claim that. But before that, let's answer this question: how does travel insurance work?
Understanding travel insurance
So, what is travel insurance? Travel insurance is a financial protection plan for your travels. It helps cover the costs of potential mishaps that could happen on your trip. This could include trip cancellations, medical emergencies, or lost luggage during your travels.
It is designed to provide financial support so you can focus on enjoying your journey rather than worrying about the "what ifs." It’s like you have a backup plan in place if something goes wrong. If nothing, it gives you a tension-free holiday.
Now that you know the answer to ‘What is holiday insurance?’, let’s focus on the main question: what does the travel insurance cover?
What does the travel insurance cover?
Travel insurance covers
· Sickness medical expenses
· Accident medical expenses
· Emergency medical evacuation
· Repatriation of remains
· Hijack's benefit
· Trip cancellation
· Trip curtailment
· Loss of passport
· Missed connection
· Trip delay
· Baggage loss
· Accidental death
· Permanent total disablement
Let’s talk about some of these important coverages in detail.
Trip cancellation and interruption
Imagine this: you are all set for your trip to Hawaii, but you come down with an unexpected illness just the day before you leave. You’ll most probably have to cancel the trip. But what about all the advances you have paid? It’s hard luck getting those back.
But it becomes a lot easier if you have travel insurance. It reimburses the non-refundable costs of your trip, like flights, accommodation, tours, etc., if you're forced to cancel due to reasons covered in your policy.
Remember, all advances are refundable, but you will at least recover a major portion of the invested amount.
Medical Expenses
The last thing you want is to fall ill or get injured on a trip. But that isn’t really in your control, is it? In case you need medical help on your trip, your travel insurance covers it.
Any costs of hospital stay, doctor visits, and sometimes even emergency medical evacuation are covered under the insurance. So, instead of worrying about large medical bills, you can focus on getting better.
Lost Baggage and Belongings
You must have heard of lost baggage on planes numerous times. It’s funny when you hear about it, but not so funny when it happens to you. Your clothes, documents, and jewellery all could be lost.
But your travel insurance will cover the expenses immediately, so you don’t have to burn a hole in your pocket on the holiday. But know this - insurance policies don’t cover costs for all belongings. They pay only for the ones stated in their terms.
Are you too tired of having limited coverage? Then, you should consider our D. I. Y. Health insurance, which you can customise to include what you want.
Now, you have the answer to ‘What does trip insurance cover?’ But what is not covered under it? Let’s find out.
What is not covered under travel insurance?
After learning what different types of travel insurance cover, you must also know what they don't cover. Most travel insurance doesn’t cover it.
· Pre-existing diseases
· Travelling against the advice of a medical practitioner
· Participating in naval, military, or air force operations
· Injury/disease caused by nuclear weapons/materials
· Travelling to countries with special travel restrictions
· Self-inflicted injury or illness
· Medical and nervous disorders
· Sexually transmitted diseases, AIDS, and HIV
· Being under the influence of drugs, alcohol, or other intoxicants
If you want coverage for pre-existing diseases, you should consider our FG Health Absolute insurance. Or, if you want the premium service, get the FG Health Elite insurance to enjoy services that aren’t covered in standard plans.
Types of travel insurance
Several types of travel insurance cover the aspects stated in the above section on ‘what does the travel insurance cover?’ Those are:
1. Domestic Travel Insurance
2. International Travel Insurance
3. Single and Multi-trip Travel Insurance
4. Senior Citizen Travel Insurance
5. Medical Travel Insurance
6. Group Travel Insurance
Final Thoughts
Now that you have read it all, we hope that you understand ‘what is holiday insurance’ and ‘what does the travel insurance cover.’ Most common problems are completely or partially insured, but no one can claim based on pre-existing health conditions. If you are unsure whether your concern is covered under Future Generali travel insurance, then get in touch with us.
