When we buy an insurance plan, we hope we never have to file travel insurance claim. Travel insurance is one of the most often purchased kinds of insurance plan. As per National Geographic, 1 in 6 people insurance buyers file a claim and 10 percent of travel insurance claims are rejected. Irrespective of the statistics, you don't want your claim to get rejected.
Here are 8 tips that can help you register a claim successfully. 1. Read the Policy Wordings Carefully: We hope you’ve gone through the fine print of your insurance policy before purchasing it. Re-read your policy thoroughly before you register any claim. It will help you to know about any applicable exclusion(s). 2. Look Out for the Exclusions: There might be an exclusion that’d be applicable in your case. It includes pre-existing illnesses, pregnancy etc. These exclusions can affect your claim history. 3. Report Incidents with the Local Authorities: Doing so will help you to have something in writing. In case of theft, report it to the police as soon as possible, get a written report. Any emergency that might result in a claim, get in touch with your insurance provider. While they keep a window open for up to 20 days to notify an emergency, they prefer to be intimated as soon as possible. 4. Provide your Emergency Contact Details: Provide your emergency contact details to your insurance provider. In most of the cases, travel insurance providers prefer prompt notification to provide you with maximum benefits. It’s extremely helpful in case of an emergency when you can’t inform the insurance provider yourself. 5. Maintain a Record of Your Receipts: Maintaining a record of receipts helps you to prove. The monetary value of the items bought. Keep the receipts of purchased items as it helps if they are stolen or lost. 6. Ensure the Accuracy: Make sure that everything is dated as per the happening of the events. Dates must be accurate in the Police reports, purchase receipts etc. 7. Be Quick: When any event ruins a vacation, one feels like keeping everything aside and forgetting about it. Most insurance providers have a deadline of 20 - 90 days for registering the claims. Most insurance providers accept claims request later on if the reason justifies the claim. 8. Ask Questions: In case your claim is denied you should ask why. Don’t get disheartened by a first-time rejection. Ask your insurance provider why it is denied and what the procedure of re-filing the claim is. All you have to do is re-submitting your claim with more paperwork. Overseas travel insurance policy premium can cost you a bit of money but it saves you thousands in case something terribly wrong happens. Although, it is your responsibility to invest the effort and time in order to make your case crystal clear to your insurance provider. Understand the plan, collect the paperwork, and make sure you have all the details will help you to enjoy most of the benefit from your travel insurance plan. We hope this article has helped you to know how to file your travel insurance claim effortlessly. For more info and news visit PolicyBazaar Facebook Page
0 Comments
Leave a Reply. |
AuthorInsurance and financial manager. Archives
May 2018
Categories |