4 Tips for Buying Pre-Existing Medical Condition Travel Insurance Coverage
According to Squaremouth.com, a site for comparing and purchasing travel insurance, many travelers are spending more money on travel insurance policies to cover pre-existing medical condition. Follow these tips to prevent four common mistakes many travelers make when buying pre-existing medical condition travel insurance.
Tip #1: You Might Not Need Pre-Existing Medical Condition Travel Insurance Coverage
A variety of policies are available that cover travelers in case a pre-existing medical condition prevents them from traveling. However, many travelers don’t realize what travel insurance providers consider to be a pre-existing condition. Each provider has a look-back period to determine if a condition is pre-existing.
For example, some of Travel Guard’s policies have a 180-day look-back period. If someone’s condition has been stable during the 180 days prior to the effective date, Travel Guard will not consider that person’s condition to be pre-existing.
Tip #2: Pre-Existing Medical Condition Travel Insurance Coverage for a Non-Traveling Family Member
Some travelers buy travel insurance to protect them in case an ill family member’s condition worsens and they are unable to take the trip. Nearly half of the travel insurance providers will require travelers to buy pre-existing coverage even though they do not have the pre-existing condition.
Since many travelers are not aware of this limitation, it’s common for them to be concerned if their travel insurance quote does not return policies with pre-existing coverage. In these situations, Squaremouth recommends trying to find a travel insurance policy that doesn’t look to see if a non-traveling family member’s illness was a result of a pre-existing condition.
The key is too look into a policy’s definition of a pre-existing condition to determine who needs pre-existing coverage.
Tip #3: Limitations on Pre-Existing Medical Condition Travel Insurance Coverage
When buying a travel insurance policy that covers pre-existing medical conditions, make sure to read the fine print because some policies will limit the amount of coverage available. Also, in the case of HTH Worldwide’s TravelGap Excursion and IMG’s Patriot International, they both cover pre-existing medical conditions. However, the traveler must be enrolled in a primary health insurance plan for coverage to be valid.
Tip #4: When to Buy Pre-Existing Medical Condition Coverage Travel Insurance
If you require pre-existing medical condition coverage, shop early for travel insurance. Almost all travel insurance policies require a policy to be purchased within 14-30 days from the first trip deposit in order to have the pre-existing coverage available.
However, CSA Travel Protection and HTH Worldwide plans are the exception to the rule. Most of their plans cover pre-existing medical conditions if the insurance is purchased within 24 hours of the final trip payment, regardless of the deposit date.
Squaremouth.com is America’s fastest growing travel insurance comparison site, helping customers instantly quote, compare, and buy policies from every major carrier.
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