Travel Insurance Mistakes To Avoid: Don't let anything spoil your vacation

Travel Insurance Mistakes To Avoid: People who had travel arrangements and tickets ready before COVID-19 situation had to face several consequences due to the sudden outbreak of the pandemic. So not buying a travel insurance plan was the biggest mistake one could have done.

After the spread of pandemic, it has become essential for all travelers to opt for a plan that covers COVID-19. But is it the only thing that one should consider? Well, the answer is NO!
 
There are several other aspects that one should consider while buying a travel insurance plan, and unfortunately, many people tend to avoid those, reveals Rakesh Goyal, Director at Probus Insurance. A few such travel insurance mistakes are mentioned below. Avoiding them would ensure a smooth and hassle-free post-pandemic vacation.

Assuming that your travel insurance covers everything:
 

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Blindly assuming things without validating can lead to numerous issues. Many people assume that the travel insurance plan covers every travel-related setback, which is always NOT TRUE. It is essential for the traveler to keep a check on the inclusions and the exclusions of the plan before opting for one. 
 
Assuming that you will receive the entire amount if you cancel your plan for any reason, is one of the common mistakes people make. Also, the amount that an insured receives in case of cancellation of plans differs from insurers and the plans one had opted.
 
Not buying from the correct place:
 
Reliability is the key factor to consider while buying a travel insurance plan, especially during this ongoing pandemic situation. Not buying from a trustworthy brand is likely to get you in an unpleasant situation during the claim process. 
 
One must check whether these companies handle the claim process on its own? Would they provide 24/7 customer service in case of some emergency? Do they have a dedicated support team to assist the customers in case of any difficulties? If the answer to these entire questions is yes and the plan covers your desired needs, then you can consider it and purchase a travel insurance plan from them.
 
Opting for a plan that does not cover COVID-19:
 
This could be the biggest mistake one could make during the ongoing pandemic situation. All those looking ahead or intend to travel in the coming years must purchase a plan that includes COVID-19 without fail. It's much safer to be prepared for any unknown situation than regret later, as it is highly uncertain to predict when and where the virus can infect someone.
 
Providing incorrect information on the form:
 
One must avoid making this mistake as it might lead to several unpleasant consequences during the claim time. Also, one must be very clear about the current and past medical conditions and must also disclose pre-existing diseases (if any) to avoid any hassle later. 
 
Buying travel insurance at the last minute:
 
Lot of people prefer buying travel insurance at the very last instant. Most people do it to avoid premium loss in case they are unsure of the trip. This could be another common mistake, as buying the plan too late might limit you from enjoying some of the early purchased plan's benefits. Hence, one must prefer buying it at the right time instead of postponing it to the last minute.
 
The bottom line:
 
Don't forget to read all the details/features thoroughly before purchasing the insurance policy, so as to avoid any unlikable surprises during the claim process. Every insurance policy comes with its set of exclusions; therefore, it is advisable to read the policy documents and understand the terms & conditions well in advance to avoid any potential issues in the future. Also, one must keep all the policy documents handy to avoid any problems later.
 
Moreover, one must prefer buying the insurance plan from a reputed and reliable insurance company or an insurance broker. This would ensure an easy process and offer the required end-to-end support. Also, do rigorous research and be explicit about the plan/insurer you are planning to opt.