subject: Wasting Money On Travel Insurance [print this page] Looking forward to a week's vacation can occupy people's thoughts to the point where they seldom have room to worry about potential threats. Reality strikes when you begin to arrange the trip, as travel insurance is offered you will need to take these into account.
You will be contemplating about everything from a missed charter flight to incidences of heart attacks, injuries, and death during your trip.
Reservations like these are normally passed up by vacationers. Along with terrorism came the surge in people's interest in having protection for travelers. When it comes to travel insurance, sales are generated by fear. But before you buy, consider two key questions: Do you really need certain types of coverage? If so, does your present coverage already protect you?
People who do not travel on a regular basis often resort to excessive spending on travel insurance believing how it protects them more. As you go looking for particular policies, considering how many choices there are, you might as well throw your money away. When it comes to injuries or death, no statistic verifies that there are unequal risks for when you are away or at home. A visit to the National Safety Council (NSC) and National Center for Health Statistics will not get you such data.
Cases of injuries or death were only classified by scene namely the home, workplace, motor vehicles, or public places, and that was it. Then again, a traveler becomes less impervious to diseases. Generally, more hazards exist overseas like malaria in Kenya or diarrhea in Mexico. One may begin to consider getting coverage for this. Obviously, you're more prone to specific diseases when you travel in certain places. Travelers may be at risk when they visit Nigeria, but in London, they are technically scot free.
No matter where you vacation, consider the following about travel insurance before you buy. Go over an existing health insurance plan for accident or medical coverage. An existing health insurance policy sometimes offers reimbursements for overseas medical expenses you have paid for. Go over the policy provisions. Make sure to pack some claim forms along.
Settling the bill is a prerequisite in some countries before you can be provided with medical treatment. You can avail of assistance programs that offer both legal and financial support especially when emergencies arise. But check first if you really need such a policy as the premiums can be expensive.
Be critical of the inclusions and exclusions of every travel insurance plan you consider buying. Consider the possibility of having a condition flare up during a vacation even if you had it treated beforehand, coverage may be questionable unless you are a member of a health maintenance organization (HMO). Patients with Medicare in the United States have no worries when they need services whereas outside the country they are helpless.
While aboard a plane, a person who encounters injuries or even death is covered if he has flight insurance. Seldom do people buy insurance like this in advance. There is no use to buying this. It is like buying a $100,000 two hour's worth of security for $7. For a proper life insurance plan that covers heart attacks at home, why is it still necessary to have this for a two hour trip?
Here is something for you to mull over. Getting extra insurance is pointless for a two hour car ride. Just think if you were to pay $7 per couple of hours, your expenses will be huge. Cases of injury or death are usually covered free of charge when a person uses a credit card to buy tickets.
by: luella
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