• 12
  Aug
  2011

• Should You Just Rely On Credit Card Travel Insurance?

  
  Filed Under: Blogging
  Author: YourGuy

If you are planning an international trip this year and think that your credit card offer for travel insurance is sufficient, you’re wrong. In fact, you should be wary of these so-called freebies from any credit card company. They have fine print so small on the terms of the policy you could very well miss the salient points. For instance, international travel insurance with credit card companies is limited and does not cover any kind of medical emergency or recovery treatment. It’s like getting a first aid security which is something you can easily get in any airport, bus terminal, or ship port.

It would far more ideal to rule out the credit card company and just go straight to the insurance company or agent. It takes away one step in making claims because you will get an insurance card which validates your policy, and the phone numbers there take you straight to processing phase.

However, if you are still going ahead with relying on your credit card company to provide you with insurance, then make sure you get the details right. Find out the coverage and how to activate the insurance. Ask about what would happen if your credit card is rejected on a transaction and if this will affect your insurance. It happens especially during international travel that restaurants, hotels, or other establishments deny a transaction temporarily as a safety measure. You can avoid this by informing the credit card company that you will be traveling overseas, so they can expect charges to come in suddenly from a place where you’ve never used the card before.

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