Buying travel medical insurance is an important part of preparing for any trip. It is the best way to make sure that unforeseen events do not end up completely ruining your travel plans.
When you buy the right type of coverage, should you fall sick, you know that you will be able to get home again without having to pay a huge medical repatriation fee out of your own pocket.
However, you do need to be careful when buying travel insurance. It is all too easy to end up buying a policy that does not offer you an adequate level of coverage. Here are a few specifics that you really should check before you actually buy.
What is the level of coverage?
You need to understand exactly what is covered and what is not. Most insurance companies provide this information in an easy to read table format. They list the type of coverage and tell you how big the maximum claim can be. This is a good way to get a quick overview of the policy.
But, to truly understand how much coverage you are buying you will need to read the small print too.
For example, the list may state that you have medical treatment coverage of up to $20,000. But, if you do not read the small print you may miss the fact that you will need to pay for all of the drugs used. That could include everything from painkillers to a local or general anesthetic.
Not every policy will have this clause or other exclusions, but some will. Being aware of these differences will help you to buy a policy that offers a good level of coverage.
Are there any exclusions on your travel insurance?
Some insurers are more risk-averse than others. You always need to check if there are any exclusion clauses. For example, some insurers will not provide medical coverage to diabetics. Others will do so, but what you can claim is severely limited.
Making sure that you do not invalidate your policy
You also need to make sure that you do not inadvertently render your policy invalid. For example, by visiting a doctor a few weeks before you are due to travel and being diagnosed with a condition, which you then fail to report to your insurer. Not all companies require you to do this, but some do. Your responsibilities are usually explained in the terms and conditions.
You also need to be careful to provide up to date and accurate information, when you fill out the form. Failure to do so can potentially invalidate your policy.
Is it flexible enough?
If you do not like to make rigid plans, it is important to buy a travel insurance policy that is sufficiently flexible. That way should you suddenly fancy visiting both sides of the Niagara Falls you can do so. Provided the policy you buy covers you in both Canada and the USA, you will be covered should you have an accident in either country.
So, there you have it if you want to make sure that your travel insurance covers you with an adequate level of coverage, take the time to read the policy properly. If there is anything in there that you do not fully understand, always take the time to ask for clarification.