A travel insurance policy is usually purchased to offer protection against a variety of losses that may occur while traveling. Not many travelers realize that travel insurance plans do not cover everything and anything. There are certain situations that are completely exempted from coverage in a typical travel insurance policy. Consider the following situations to ensure that you do not go through unwanted surprises.
Insurance providers offer various kinds of insurance plans which include coverage for environmental disasters, terrorism attacks and disease risk. However, if you choose to cancel your flight due to fear of any of these factors in a foreign nation, you might not be compensated for the loss. For instance, if you have a policy that offers war and terrorism scare coverage in London, and you decide to cancel your flight to a neighborhood city due to fear, chances are that you will not be covered by your insurance company. Likewise, if you fear that a hurricane that took place miles away from your travel destination could hit your destination as well, you will most likely not be compensated for flight cancellation in this case. Other similar instances, where you cancel your due to not feeling safe, might not be compensated.
Most travel insurance plans do not offer coverage if you plan your trip just to receive some sort of medical treatment. For instance, if you fly to Florida or any foreign nation to get a cosmetic surgery done, chances are that your travel insurance policy will not offer you coverage because the trip is solely intended to obtain some sort of medical treatment. There are several other situations that may not be covered under travel insurance plans. Also, any government prohibition and regulation that may result into financial loss will not be covered under a typical travel insurance policy. When an individual is involved in a self-inflicted injury or when a person attempts to commit suicide in a foreign nation, one has to bear medical expenses. Even if you have chosen a medical coverage option in your travel insurance policy, you will not be compensated for such drastic events. Likewise, alcohol and other substance-related abuse and illness are not covered.
It is a must that you review a travel insurance policy carefully while purchasing it. As a smart consumer, you should read all the fine print/exclusions of the policy to ensure that you get what you deserve.