Resolution 1: Make sure you qualify for pre-existing conditions coverage.
The biggest “gotcha” is the exclusion for pre-existing conditions. Many plans offer a “waiver of pre-existing conditions” provided you buy the insurance early, within the required time period – usually 10 to 30 days depending on the plan following your first trip payment date. We recommend shopping for coverage within 10 days of your first trip payment in order to have the most options.
Resolution 2: Shop around for travel insurance.
There can be over a 300% difference in price between reputable plans for the same trip. Buy the one that is right for you at the right price.
Resolution 3: Remember the ABC’s of travel insurance.
Always shop around for insurance. Find the plan that is right for you.
Be aware of policy limitations and exclusions. Travel Insurance plans have limitation and exclusions – make sure you understand them.
Coverage for most travel insurance plans is “named peril”. It is call “named peril” because it only covers those perils and hazards specifically listed in the policy. So make sure the risk you need covered is listed. Some plans offer “cancel for any reason” as an augmentation to the trip cancellation coverage however, unless you have a special need that isn’t covered by the basic trip cancellation perils than you should avoid this option.
Resolution 4: Read and understand the plan before you buy it. Ask a knowledgeable source If you have a question. Best place to ask is with a travel insurance professional at a comparison web site.
Resolution 5: Be aware of plans that seem too good to be true – because they probably are. Plans are priced according to insurance company experience and expenses. When you see a plan that is priced substantially less than other plans and it appears to have the same coverage than something is probably wrong.
Resolution 6: Be aware of “opt-out” travel insurance offerings through airlines, tour operators, cruise lines, or travel agents when buying any type of travel that contains airfare.
Get a quote now
Get a free travel insurance quote right now, or give me a call at (516) 484-5200 to learn more. You can also email us at info@ccpinsurance.com.
A lot of people are enticed by seemingly much lower costs when they are comparing and shopping for insurance. But are the cheaper rates always better?
With summer only a few weeks away, it’s almost time for some fun in the sun! Whether you own a boat, have a couple of jet-skis ready to go, or even if you’re a motorcycle enthusiast, you need to make sure you are covered properly! Each one of these vehicles have their own special insurance that will give you coverage so you can relax and enjoy the start of warmer weather and more sunshine. Many people do not know that their coverage could be put on hold in the winter, so they may be unaware of losing coverage just when you need it. So whether you already have coverage, or you have a new “summer toy”, give us a call at 516-484-5200 so we can find the right coverage for you.