To entice you into using their cards, many credit firms and banks will offer a few extras with their product. For this reason, you can find many credit cards with free travel insurance included in the deal, but is this sufficient and of what use will it be to you on your holiday?
Since 75% of people pay for their airline tickets using their credit card, it made sense to tempt people in with travel insurance yet too many people have failed to read the small print. Some credit cards come with the most limited of all policies which will cover you for very little indeed. The problem is that most people think that travel insurance is travel insurance and are thus very astonished when the firms don’t pay up.
Often, the insurance will only cover certain parts of your holiday such as cancellation or healthcare and some credit cards will not even pay out on any healthcare requirements. There are some credit cards that offer you a good travel insurance but the only way to be safe is to buy your policy from a recognised insurance firm. In this way you can get a much more professional service from a firm that has its core competences in the insurance domaine.
You pay a lot of money for travel insurance and yet credit card suppliers seem to be offering it for free. It is not wise to think you are getting something as important as travel insurance for nothing and you ought to question the legitimacy of this. You would indeed be right to do so and there are a few catches along the way. The small print is so small because the firms don’t want you to read it. However, you want you to read it and it is essential to understand exactly how much or how little cover you are receiving.
In conclusion, you really ought to buy your travel insurance form a firm in that sector and not one which is giving it away like a happy meal toy. You have to question everything and let nobody make an uninsured fool out of you.
