Travel policy can have several hidden things to reject your claim. These travel insurance traps to avoid claim refusal can help you to great extent.
Travel trip coverage is extremely essential things to consider especially when planning for a trip abroad. It is because the cost of medical treatments abroad can be incredibly expensive.
People often believe to purchase cheapest policy deals just to get affordable coverage on their tours. But, a cheap travel policy may not provide you the necessary coverage to meet your needs in an unexpected situation.
Insurers may use several traps or loopholes stated in small prints that are sufficient to reject your claims. Here are 15 shocking travel policy traps to avoid claim rejection:
(1) Proof Of Ownership
It is one of the shocking travel insurance traps to avoid claim refusal. Travel trips are not always as enjoyable as you think. Sometimes, you may loss your valuable items during trip.
Suppose, you have lost any valuable item that is covered under your policy coverage during your travel trip. Now, you have to lodge a claim with your insurer. In such a case, you will have to provide a proof of ownership for the lost item.
Most of the insurers will ask you to provide a receipt of purchase irrespective to its date, or instruction manuals for electrical goods in absence of receipt, or even a photographic evidence for your lost belongings.
Thus, it can be a good idea to safely keep a receipt of belongings especially newly purchased items. You can also take a photograph before initiating your tour for every new tem purchased for your travel needs.
It will be a great way to prevent refusal of your insurance claims later on.
Image Source: Shutterstock