Reason why Travel Insurance Claims are rejected?

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Information about Reason why Travel Insurance Claims are rejected?
Business-Finance

Published on August 5, 2016

Author: travelinsurance1

Source: authorstream.com

slide 1: Reason why Travel Insurance Claims are rejected Every insurance company has certain exclusions that are not covered by the travel insurance policy. There are certain more reasons due to which your travel insurance claim can be rejected. This article will disclose all those reasons due to your insurer can reject your travel insurance policy claim. I will let you know some amazing practices that will avoid the chance of rejection of your travel insurance policy. 1. Opting for the Wrong Coverage Usually travel insurance policies are a blend of five main benefits namely trip cancellation trip delay missed flights loss of baggage and medical emergency. Thus when purchasing a policy make sure that your have an in-depth understanding of what benefits and coverage are actually covered under the travel insurance plan. 2. Alcohol or Drug Consumption Letting your hair down and enjoying a very good time on a vacation is expected but unfortunately travel insurance policy will not be accept your claim in case it is found that you were under the influence of alcohol or drugs when an accident happened. The policy does not provide any assistance and rejects the travel insurance claim. 3. Critical Medical Conditions Always remember to share the detail of your critical illness diseases when you are going to buy a travel insurance policy. If you meet a medical emergency due to any such critical illness and the insurance company is not aware about your medical history related to your critical illness the claim is very likely to get rejected. 4. Adventure Activities Make sure you read the list of exclusions carefully when buying a travel insurance plan. A majority of insurers are not clear regarding which sports falls under the list of adventurous and which are not. In slide 2: case you injure yourself while indulging in a dangerous adventure that has a risk of life the insurance company will reject your claim. Ask your agent and get a clear picture of the coverage of adventure sports and risky outdoor activities. 5. Time is of Essence Almost all the insurance company offers 24-hour assistance for the policyholders in case he or she needs to file a police report or seek medical help. Therefore if you meet any incident during your travel make sure that you get an official report recorded on paper as soon as possible so that your claim get accepted and not rejected. 6. Inappropriate Travel Destination Insurance companies will reject your travel insurance claim if you travel to locations that are mentioned dangerous by certified organization. So do check your travel destination before planning a trip. It should not fall in the list of high-risk category. Let us take an example of reasons of rejection of ICICI Lombard Travel Insurance policy ICICI Lombard Travel Insurance ICICI Lombard is one of India’s leading general insurance providers. It offers some amazing solutions to avoid all the unexpected travel-related risk. ICICI’s travel insurance policies provide coverage against different unfortunate situations which may arises when you are travelling. It offers international travel insurance policies for Single Trips for Senior Citizens and for frequent travellers. Let us read the exclusion of ICICI Lombard Travel Insurance Plan.  Any insurance claim for existing medical condition which is not declared at the time of buying the policy is rejected.  Any claim arising due to the addiction to intoxicants like drugs alcohol etc is rejected by ICICI Lombard Travel Insurance.  Any claim arising from a mental disorder or conditions like depression anxiety etc is rejected.  Diseases like sexually transmitted diseases STDs HIV AIDS etc are not covered under the travel insurance policy offered by ICICI Lombard.  Any claims arising or induced by nuclear weaponry or radiation is rejected.  Any claim arising due to taking part in any adventure activities apart from those which may be specified and covered by the policy is rejected.  Any expenses which arise due to the loss of valuables money tickets or securities.  Claims arising from any non allopathic therapies homeopathy or naturopathy treatments are rejected.  Any claims arising due to plastic or cosmetic surgery done for the removal of any physical flaws is rejected by ICICI Lombard travel insurance. Hope this article has shared relevant information that helped you to know about the factor that can become the reasons for your claim rejection.

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