Everything you need to know about Travel Insurance Coverage

Introduction

Travel insurance offers peace of mind during your holiday or business trip. But do you know exactly what is covered? From medical costs to lost luggage and cancellation costs – good travel insurance covers a wide range of risks. In this blog we explain what coverage travel insurance offers, what you should pay attention to when choosing a policy and how you can avoid being uninsured.

1. What does Travel Insurance cover?

Travel insurance usually consists of different coverage modules. Here are the most important:

1. Medical costs

   • What is covered?

     • Unexpected medical costs abroad.

     • Hospital admissions, doctor visits and medications.

   • NB:

     • Many insurance policies only cover costs that are not reimbursed by your health insurance.

2. Baggage coverage

   • What is covered?

     • Loss, theft or damage to luggage.

     • Often also cover for valuables such as laptops or cameras.

   • Tips:

     • Check the maximum reimbursement per item.

     • Keep proof of purchase of valuables.

3. Cancellation insurance

   • What is covered?

     • Costs of a canceled or prematurely terminated trip due to unforeseen circumstances.

     • For example, illness, death of a family member or loss of work.

   • Important:

     • Often the reason for cancellation must meet specific conditions.

4. Accident insurance

   • What is covered?

     • Benefits in the event of permanent disability or death due to an accident during the trip.

5. Legal counsel

   • What is covered?

     • Legal support in case of disputes during the trip, for example with a hotel or travel organization.

6. Winter Sports and Adventure Activities

   • What is covered?

     • Accidents and damage during winter sports or extreme sports.

   • NB:

     • An additional module is often required for these activities.

7. Breakdown Assistance or Vehicle Coverage

   • What is covered?

     • Costs for breakdown assistance with your vehicle abroad.

     • Replacement transport if necessary.

2. How do you choose the right coverage?

1. Analyze your travel plans:

   • Are you going on an active holiday, business trip or family holiday? Choose coverage that suits your type of trip.

2. Check your existing insurance:

   • Sometimes certain risks are already covered by other insurance policies, such as your health insurance or credit card.

3. Compare coverage options:

   • Look at the maximum reimbursements and specific conditions.

4. Choose a continuous or short-term insurance policy:

   • Do you travel more often per year? Then a continuous insurance policy is often cheaper.

3. What Are Common Exclusions?

1. Traveling to risk areas:

   • Damage in areas with negative travel advice is often not covered.

2. Overdue medical costs:

   • Costs for existing medical conditions are usually excluded, unless otherwise agreed.

3. Careless behavior:

   • Damage caused by negligence, such as items left unattended, is often not reimbursed.

4. Uninsured activities:

   • Extremely risky activities without additional coverage.

4. Why Choose Travel Insurance through Finass Verzekert?

1. Customized policies:

   • Finass Verzekert offers insurance that fully meets your travel needs.

2. Collaboration with renowned insurers:

   • Reputable parties such as Allianz and Hiscox guarantee reliable coverage.

3. Excellent customer service:

   • Expert help in choosing the right coverage and fast claims handling.

4. Flexible options:

   • Choose from extensive modules, such as winter sports coverage or worldwide coverage.

Conclusion

Travel insurance is indispensable for a carefree holiday. By choosing insurance through Finass Verzekert, you can be sure that you will receive coverage that suits your travel plans. Contact us for expert advice and put together your ideal travel insurance.