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Saturday, July 11, 2009

Claim Settlements For Travel Insurance

By Ray Sondeo

Travel insurance coverage is a very vital aspect especially during a trip abroad. The internet is filled with many feedback's from customers as to how they have been benefited by the travelers medical insurance.

One such case was a non-resident individual who had purchased a medical insurance policy for his parents visiting USA. Incidentally, his father had a heart attack during his short stay and it cost a lot to treat him. The fact that his father had been covered by insurance was a huge relief. Otherwise, this would have only unnecessarily added to the mental trauma that already the family was going through. The final bill crossed above one lakh dollars but since the victim was covered by the insurance company, the bills were directly sent to the insurance provider for payment. The cost of prescription drugs was initially paid by the individual but later, he filed the claims with the necessary documents and got the reimbursement at a later date. This is one such classic experience which highlights the importance of covering oneself with a travel insurance plan while going abroad.

Most of the insurance companies provide round the clock assistance in case of emergencies. There are various testimonials spread on the web of customers who received timely help from insurance companies during various critical circumstances like illnesses, evacuation, baggage loss, surgeries, prescription drug charges and doctor consultation fees.

When customers have advanced their trip to their native land due to unforeseen circumstances, claims have been paid for the expensive trip cancellation charges.

Many testimonials have been presented where travellers have been benefited by the medical insurance for travelers coverage during adventurous sports like skiing and mountaineering. Broken bones, injuries, tears are quite common in these cases and treating them would be very expensive in case you are not covered by an appropriate plan.

Every insurance company requires some documents for processing your claims. Some examples of document proofs include insurance plan number, age proof, travel dates, reservation slips and travel agent number.

In addition, based on the purpose of your claim, additional proof is required. Your insurance company would help you to gather the necessary proofs for submitting claims.

It is advisable to safely store the bills, invoices, tickets and other relevant travel document proofs as they may serve as clear proofs while submitting your claim form.

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