Single trip travel insurance is the best option for you if you plan just one or two holidays in a year, and no business travels. This insurance is designed for people who are going for annual holidays or going for a one-off trip. It provides accident and medical protection, including coverage for any inconveniences during the travel. The policy covers only one vacation or trip.
Coverage
Single trip travel insurance covers medical coverage including emergency medical evacuation, emergency repatriation, and medical expense reimbursement. The policy covers travel inconveniences including trip cancellation, personal liability, flight delays, loss of baggage and loss of travel documents. Value added benefits including compassionate visit and child guard are also covered. It covers personal accident too.
However, pre-existing medical conditions occurring six months prior to the trip, illegal acts by the insured, or detention, confiscation, and destruction by clients or authorities are excluded from coverage. These items may vary slightly between various insurance providers. Normally, the insurance coverage is for a period of 180 days and once this period is crossed, the losses will not be covered. The coverage begins a few hours before the departure.
Claims
In case of an accident, claims are covered under permanent and total disability and/or accidental death and medical reimbursement. In case of the insured person passing away due to the natural causes of sickness, benefits are provided under special compassionate visit, repatriation and medical reimbursement. You can get benefits from this plan even if you have accident cover from any other insurance plans or insurers. The benefits will be in addition to the plans that you already possess. The insurance company will take around 10 working days to process the claim. You should submit all necessary documents to avoid any delays.
Over Coverage And Under-Coverage
Sometimes, you might pay for certain risks that you may not actually undergo. This is called as over coverage. For example, if you are taking a travel insurance that includes coverage for winter sports and you do not involve yourself in those activities, it becomes over coverage. You should study the plan carefully to avoid these extra costs.
At the same time, you should not be under covered. For example, you may be covered for winter sports during your vacation along with medical coverage. However, while enjoying the sports, you may hurt a person accidentally. That person might need medical attention involving substantial expenses. In this scenario, if your insurance does not cover personal liabilities, you are under covered. Before choosing a particular travel insurance policy, you have to be very clear about what you need and what you do not need in terms of coverage. This will save you a lot of money.
A single trip travel insurance plan for single trips is a good choice for various reasons. They are cost effective since they are designed for the specific trip and its requirements. The cost of the insurance will depend upon your requirements. You can customize the insurance plan on the basis of your choices. Although there are many single trip insurance providers available in the market, you should be very careful and choose the very best offer. You can get free quotes from various insurance websites and compare them for prices and coverage options. Double-check the coverage areas. You can return the policy if you do not like it even after the purchase within 14 days. This period may vary between various insurance providers.