The crazy world of travel insurance

Going island-hopping in the South Pacific or on safari in Africa? Weird things can happen in exotic locations.

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VIDEO ON MSN MONEY

13Comments
Jun 25, 2013 10:18AM
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Never ever again, bought travel insurance for arifare and lost the flight. Try to claim the insurance and never had an answer from the company that sold the insurance. Nor even to deny it. It is a scam.
Jul 14, 2013 5:02AM
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The main objective of any "insurance company" is to avoid paying claims. They are not in business to be good Samaritans. They are trying to make as much money as possible. The most effective way to accomplish that is to deny claims. They have teams of lawyers that sit around all day just thinking of ways to avoid paying claims.
Jul 14, 2013 10:33AM
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As someone who works in the travel industry we do sell travel insurance, we have had clients who needed to be medevac from foreign countries back to the US.  This would have cost the client thousands of dollars out of their pocket if it weren't for the insurance they purchased.  We have filed many claimed with our insurance provided on behave of our clients, none of them were ever denied.
Jul 14, 2013 1:18PM
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I bought travel insurance for a big ski trip because my father has lung cancer and I was always concerned that he might get sicker or die.  He was stable and in good shape for the past 5 years. I reviewed the contract with stated that it covers for cancelled trips due to medical conditions of first degree relatives and that it would even cover if I got sick while traveling.  The clause regarding my medical coverage had an exclusion for preexisting conditions.  Well, unfortunately my dad died a week before the trip.  I cancelled and they said to send a death certificate so they can process my refund.  When the death notice mentioned that he had lung cancer, they denied the claim for "preexisting condition".    Not mine but HIS !!!!!!  I was not even making a medical claim.  This was a scam !!!  Think about it.. .if you cancel your trip because you mom has a heart attack or a stroke or a pulmonary embolism etc  all the company has to say is that she was being treated for hypertension or angina or diabetes and therefore these are preexisting conditions.  I will NEVER buy it again.  If you lose one trip in your lifetime due to a disaster it is still cheaper than paying this bogus price for every vacation.  SCAM SCAM SCAM!!!!!
Jul 14, 2013 9:44AM
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I paid 68.00 for it. We lost a day and a half at our lodge because Lan Peru cancelled our flight.

We also lost  1/2 day train ride due to weather.

Yes, we cover that I was told.

After piles of papers to fill out, then to find we had to be delayed over 4 hours at Lan(actually it was 6) but they would not count the two hours of standing at the ticket counter!

I gave it up, just like they want you to.

I learned to get the missed receipts/documentation on the spot, then perhaps you have a chance.

After all this, I would take it again, just in case something really big and bad happened!

Sep 1, 2013 11:29AM
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I missed my flight due to traffic delays by the rains. Of course, they denied my claim. It was not even worth the postage I paid to file the claim in the first place. I live in NJ and for a $300 claim I was the given the choice of flying to San Francisco and present my case to the arbitrageur ! Yes. Take the "risk" and DON'T BUY THE STUPID TRAVEL INSURANCE. 
Sep 1, 2013 11:25AM
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It is the stupidest idea to buy travel insurance. They cover everything before the incident happens and nothing after the incident happens. It is a pure waste. For every claim paid there are 1000s that are not paid. 
Jul 14, 2013 12:18PM
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In most cases buying travel insurance is akin to buying a lottery ticket to plan for your retirement.
Jul 14, 2013 7:08AM
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This must have been written by the travel insurance companies because most people know it's pointless to buy it. $273 for rabies shots. How much had the person paid over his life for travel insurance? Surely more than that. The cases of higher bills in the articles were mostly due to stupidity. Travel insurance is kind of like the lottery - the chances are so low of winning (or getting badly hurt) that it usually doesn't pay to buy it.
Sep 1, 2013 11:41AM
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Some are comparing travel insurance to lottery. I think it is a wrong comparison. With the lottery, at least you are treated fairly and you have a fair chance. But not with the insurance.

Jul 14, 2013 8:37AM
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Travel Insurance.  Last year while ravelinjg in Laos I took  one day Motorcycle tour.  I wiped out in loose stones and cracked three ribs.  Fortunately I only cracked them and did not require medical attention as they do not do anyhthing for cracked ribs. Just give your Pain Meds.
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