You are going on a trip. Everything is set, your itinerary is carefully planned out or maybe you are on of those that are keener on winging it. But still, there is one thing missing: the travel insurance. Now, it is not always easy to navigate through the jungle of different companies that are fighting to secure your signature and your money with copy-written texts that offer you the moon and then some.
The word “complete coverage” will turn up wherever you look, the only difficulty lays in discovering just how complete that particular travel insurance (or as the Danes say rejseforsikring) really is. You do not want to just compare prices between different complete packages and then feel like your job is done. Once you hit the road, you want to feel reassured that the company that you ultimately decided to sign for is going to hold up their end of the bargain.
There are a number of “watchdog” organizations dedicated to the noble chore of scrutinizing the industry of travel insurance, and the rating system they apply is an important key tool in making your comparisons between insurance companies (in Danish forsikringsselskaber). As important as comparing prices is for your wallet, as much important is the rating system for making sure that you will get your money’s worth. You do not want to pay something that proves to be for nothing.
There are too many stories out there about travellers leaving their true life testimonials on an incident abroad that they required some kind of treatment for, with the secure notion of being fully covered by their travel insurance, only to make it home and see their claims being contested, supported by some hidden fine print in the company’s clauses.
But if you use the rating system of these watchdog organizations as an equally important measurement of what constitutes a good travel insurance, then the informed decision you make on who to sign for will be just as informed as you would like it to be. A full coverage should mean just that, it should include every situation possible, and it should include it to the fullest extent.
There are few things more frustrating for people than thinking that they have done all that could be asked of them in terms of precautions before going on a trip, with a freshly signed document proving their full coverage travel insurance plan, only to find out that if disaster did strike, the insurance company would become an adversary rather than an ally, adding further insult to injury.
It can be tempting to go with price alone, to simply take the company’s own words for their credibility and greatness, since we do not want the travel insurance to be a costly affair. But chances are that the one that gets ripped off in the long run is the customer, because even if you have paid premiums slightly below the industry average, having paid them and not getting anything in return is an unnecessarily expensive lesson.