Many business owners and personal travellers rely on the travel insurance protection offered to them automatically by their credit cards when using their cards to pay for their travel, or just purchasing a policy through a travel agent.
Quite often these policies are inadequate or contain onerous conditions that you may not be aware of, refer to our case study below.
To obtain a quotation;
Corporate Travellers, please complete our Corporate Travel Declaration and return to our office. We will review your proposed travel and source quotations from appropriate insurers.
For Personal Travellers, we have a facility with a major insurer that provides broad cover at competitive premiums. Obtain a Personal Travel Quotation.
By clicking on this link you will be directed to the insurers website and will be dealing directly with the insurer and we will no longer be acting as your broker.
If you purchase this policy we may receive a commission payment of between 15% and 25% of the insurers base premium that you pay.
A friend was travelling for pleasure, had just landed in Dublin and was advised of the unexpected and untimely passing of her father in Australia.
Whilst we hadn’t been involved in organising the cover, to start the claim process, as a favour, we reviewed the travel policy wording she had been issued and found an interesting condition/exclusion in the Cancellation/Curtailment cover section dealing with close relatives and pre-existing illnesses.
This particular policy required disclosure of the the pre-existing illness via a form that had to be underwritten by the insurer, and the insured may need to pay an additional premium if required by the insurer otherwise this type of event is not covered.
We have since spent some time reviewing other policies issued through banking organisations as “benefits”and some travel firms and have found similar conditions.
With these types of policy conditions, if you, anyone in your travelling party or a close relative has a pre-existing medical condition, it would need to be disclosed to ensure that you were adequately protected in the scenario outlined above.
It is possible for a medical event to occur before you left on your travels, and this form of condition/exclusion would still apply to.
Another concern is the need to book all sections of your trip on your card. E.g. if you were travelling to Europe and booked the main leg on your card and then were to pay cash for an additional leg for a detour to another location, the additional leg may not be insured by your cards cover.
If you are a business owner, we recommend obtaining a Corporate Travel Policy that is unlikely to have these onerous conditions and if you are an individual, we recommend reviewing the policy conditions a lot more closely than you may have done in the past, before you travel.