Canceling Your Travel Insurance | Travel Insurance Reviews

Travel Guard renders a wide range of travel insurance products that provide coverage and protection for travelers in the unfortunate instance of unexpected and unforeseen expenditures, ranging from pregnancy, ailments, flight or trip cancellation and even coverage for terrorist attacks while traveling. The insurance plan will be reimbursing all non-refundable flight expenditures that policyholders lose and cover healthcare or medical-related expenditures that your existing healthcare insurance provider doesn?t cover.

Let?s Use Travel Guard as Example

Travel Guard?s quotes and costs vary immensely from as low as 5% to 7% of the overall estimated travel costs, yet you may decide, succeeding acquisition of the insurance plan, that you don?t want the insurance plan after all. The question is, will you be able to cancel your Travel Guard insurance plan in the event that you find any insufficient coverage features or problems with your policy? Fortunately, the answer is a quick and sure yes. Clients can cancel their insurance plan within 3 weeks of the policy?s effective date unless the client has already departed from their flight.

Why Cancel?

First, why would a traveler cancel his/her travel insurance from Travel Guard or any other insurance company? Although a lot of insurance products offer substantial coverage features for each client?s needs and demands, there?ll come a time when the coverage of a plan isn?t sufficient for him/her. Travelers usually cancel their insurance policies when they recognize the plan?s inadequacy to comply with their needs and demands in traveling or once they?ve read the terms and policies and realize that they require an entirely different travel insurance plan.

However, it is important to remember that cancellation of travel insurance is not the only choice you have. You can always make alterations and configure your travel insurance plan so that it suits your needs and demands much better. Most travel insurance providers enable their policyholders to make necessary changes and customization to their insurance plan, such as increasing or decreasing the coverage values right until the the day prior their scheduled flight departure.

How Do You Cancel and Get A Refund?

Now to the main topic, how do you cancel your travel insurance and get a refund for your money? First step is to amass all your travel insurance information. You will require the policy?s number, name of the policyholder, address and contact details as well as the travel insurance?s effective date. Then, email the company for a request to the company?s official site or fax them on their fax details. You can also mail the request to their main warehouse or agency at Business Park Drive at Stevens Point. Make sure you save a copy of the request for your documents.

Tags: cancel travel insurance, insurance policy, Travel Guard, travel insurance refund

Source: http://travel-insurance-reviews.biz/canceling-your-travel-insurance/

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