It is again that time of year, where the sun is smiling on us, school is out and the wide, wide world of travel is just a flight away.
So do some research on holiday options. You can book a flight. Keep a hotel room. And last but certainly not least, call an insurance agent for a proper travel policy.
"Ah," you think to yourself. "I'm covered from all angles."
Not so fast, sir or am I!
While others like you may see the security they bought as a ticket to peace of mind, this is not always the case.
Not every loss scenario you can envision is covered.
These articles deal with issues that may arise as a result of not planning ahead or being properly trained on insurance issues.
Some cases where travel insurance does not cover losses
1. If you think you're smart with buying travel insurance when you hear the radio tell you about a future storm, think again. A travel policy will not cover cancellation of your trip after posting information about the storm.
2. If you can imagine travel insurance will compensate for common problems, stop dreaming. Your insurance will not reimburse you for common hassle or lack of enjoyment.
3. Do not plan to cover losses that you cannot prove. You will need to show a proof of sale so that your loss can be documented.
4. Be aware that your insurance policy may not provide coverage for events that occurred while you were under the influence of alcohol or drugs.
5. Get your doctor involved before you travel or you may not receive medical coverage under your travel insurance. If you cannot prove that you were in good standing before completing the plan, you may have coverage problems if you need medical care while on vacation.
6. Don't assume that every activity you participate in is covered by your travel plan. If you get hurt while dealing with something the insurance company considers dangerous, you can't see the refund. Check your policy to see what activities your insurance provider covers and what are considered dangerous.
As with any form of compensation, travel insurance has limits and discounts, as well as exceptions. You owe it to yourself and your vacation to do the right research in front of the game. Talking to an experienced freelance agent will help you decide which policy is best for you and how to avoid rejecting a claim.