Free travel insurance facilities are available from credit card companies, healthcare assistance coverage, or some other types of insurance policies. Depending on free travel insurance which is provided as a component of the credit card benefits, insurance policies, or healthcare assistance coverages may not be a prudent decision because it may result in an individual being isolated in a country abroad without adequate cash or coverage for getting satisfactory health care or assistance.
A small number of platinum cards truly provide free travel insurance, however, the levels of coverage are generally insufficient. Normally, the cardholder has to pay the deposit, as well as the complete holiday expenses on the platinum card otherwise the cardholder will be breaking the rules and regulations of the platinum card company.
A lot of people do not have any clear idea about credit card travel insurance. Most of the time, the coverage from credit card travel insurance is only available for travel accident insurance. This means coverages are only appilcable for train accidents, aircraft accidents, or rented car accidents where payments have been made through the credit card.
This is clearly indicative that credit card travel Insurance is not at all comprehensive. While going for a dream tour, most of the travelers become so much exulted that they forget to go across the rules and regulations of Travel Insurance Policies.
Unluckily, this dream tour may convert into a nightmarish tour if the correct Travel Insurance Policy is not selected which can provide extensive cover when something wrong has happened.
The onus is on the traveler to gather complete details regarding the free travel insurance coverage available with the credit car cenefits or insurance plans offered by insurance companies. The travel Agencies also provide travel insurance, but all the details are not always available from them.
Having a good knowledge about the exclusions and the terms and conditions of the free travel insurance policy is quite significant. For instance, a large number of free travel insurance policies do not offer coverages for terrorism, state of war, public violence, pre-existing medical conditions, chronic diseases, and high-risk activities.
The only means of protecting an individual from a refused claim is collecting a policy copy and going through that thoroughly assuring that the terms and conditions, limits, exclusions, and responsibilities are fully understood.