Things can always go wrong when on vacation, and sometimes, you cannot control them from happening. Having travel insurance plan as your financial backup can protect you in case your vacation does not go as planned. If you need to file a claim, there are chances that the claims will be denied on various grounds. To avoid this, it’s essential to be well-informed and cautious when claiming travel insurance due to illness or any other reason. This article discusses the different ways in which you can avert rejections of travel insurance claims.
5 Ways to Prevent Travel Insurance Claim Rejections
1. Go Thoroughly Through the Exclusions
One of the important travel insurance claim tips is knowing the exclusions of your policy well. The IRDAI makes it compulsory for all insurance companies to provide their policyholders with the exclusions list. You must go through this list and learn about all the exclusions and the cases and situations in which your claims will not be accepted.
For example, if you engage in extreme sports like skydiving, bungee jumping, etc., and your international travel insurance policy clearly mentions that it may not cover the medical expenses related to these activities, you will not receive any coverage if you raise a claim.
2. Invest in the Appropriate Insurance Policy
Selecting the right travel plan for your overseas trip to another country is important for making claims. For instance, purchasing a policy specifically designed for Asia Travel Insurance or Schengen Travel Insurance ensures coverage tailored to those regions. However, if you try to raise a claim based on such a policy in Canada or the U.S.A., you will find your travel insurance claims denied, and will be at a complete financial loss.
3. Do Not Forget to Furnish All Documents and Bills
When claiming for reimbursement, you have to provide all the receipts and bills related to your claim, including medicine, diagnostic tests and treatment bills for medical claims. Similarly, for trip-related claims, you have to produce original tickets and boarding passes, among other documents, as required by your insurer, failing which your claim will not be reimbursed.
4. Report Your Claim Immediately
It is important that you report the claim to the insurance company’s emergency assistance service provider within 24 hours of the incident, whether it is related to loss, theft, illness or accident. Reporting the incident later can cause delays and complications in the claim process. Even the best travel insurance for claims will not reimburse you if you fail to report your claim within the stipulated time mentioned by the insurer..
5. Do not Hide Your Pre-existing Health Issues from Your Insurer
You must declare your pre-existing illness while purchasing the travel policy to your insurer. If your insurance company later finds out about your illness during scrutiny, your claim will, in all probability, be rejected. Most insurers only provide coverage for life-threatening medical situations that arise suddenly from pre-existing ailments in their travel policies, so read the policy wording carefully before you make a purchase decision.
Conclusion
Whether you are travelling abroad on a holiday or for work, your travel insurance policy can protect you from different risks. While purchasing a travel policy online is easy, claiming against the insurer’s coverage can result in claim rejection. Also, it is essential to navigate the insurer’s claim process to adhere to the requirements and fasten the procedure.
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