Travel Cover For The Whole Family
Any travel, be it alone or accompanied by family merits adequate insurance cover. The policy should be comprehensive and cover everyone and all kinds of emergencies. Not doing so would put yourself and your family to a lot of mental anguish and financial loss should any thing untoward happen. While you are at it there some points to be remembered.
A family travel insurance policy is recommended because it provides insurance cover for your spouse and children. Group travel plans or extended family plans are ideal if you are traveling with your extended family. The advantage with these is that they work out to be less expensive than individual policies. The travel company will work out the costs depending upon how many persons are traveling. The greater that number the costlier the policy will be.
If you have not been able to procure an extended policy, do read the small print carefully to see whether the policy covers everyone on your family. Insurance companies often promise much and deliver little. Make sure you know the provisions of the policy and it meats with your approval before you sign on it. Reading the fine print is what many of us do not do and we regret later.
If you are looking for just returns you should read the restriction clauses and exclusions with care. Often excluded are sporting activities like mountaineering http://www.e-investing.in/insurance/6185-surrendering-policy-vs-making-paid-up.html and bungee jumping etc or particular cases of pregnancy, specific age groups and recurring treatments. Regular plans also exclude terminal illnesses that were not brought to notice at the time the policy was taken, use of drugs and alcohol, AIDS and self-inflicted injuries etc. Extreme sports insurance is ideal for sports freaks. The premium charged will depend on the sports included with certain conditions but it will leave you free to enjoy yourself.
Reading all the terms and conditions in detail will help you in the event of filing a claim. Insurance companies never miss a chance to reject claims so being armed with knowledge of various provisions and exclusions will be of use. Be sure to follow the correct procedure of making a claim, attaching copies of relevant medical reports, and police reports to bolster your claim, so that the insurance company has no grounds to reject it.
No one can predict when misfortune strikes. Even an apparently innocuous outing can go dangerously wrong when you are outdoors. Unpredictable elements like weather can cause you harm. Occasional travelers will benefit from fixed duration plans. Not only should you have insurance cover, you must be aware of its terms and conditions to derive full benefit.
[ 06:18 ] [ 5/4/2013 ] [ 0 Comments ] [ Post Comment ] [ Link ]