We hear it all the time, customers who think they are covered because they have purchased travel insurance through their credit card, another third party provider, or have a group insurance plan through an employer benefit program. But in reality, this may not be the case, and usually when discovered, it can be too late.
Take a look at some familiar terms and review these terms inside your policy before you depart:
Pre-Existing Condition – a medical condition that is present before your effective date of insurance coverage for which you have taken, received or been prescribed medication or treatment in the a specified time period before the effective date of your departure.
Medical Condition – defined in your policy booklet as an injury, illness or disease; complicated pregnancy within the first 31 weeks of pregnancy; mental or emotional disorders that requires admission to hospital; or acute psychosis.
Stability Clause – a medical condition is stable if all of the following apply:
- you have not had a symptom, or an increase in how frequent or severe any existing symptom has become, and a physician has not found a new symptom.
- you have not received any new test findings
- your physician has not received any new test results, that are showing that your condition is getting worse.
- you have not received, or been prescribed any new medication or a physician has recommended any new treatment or change in treatment.
- you have not been in hospital or referred to a specialist or specialty clinic.
- you have not had any further tests, that you are awaiting the results from.
Change in Medication – if the medication dosage has been changed, reduced, increased, stopped and/or new medication has been prescribed. Exceptions to this rule are the routine adjustments made to medications such as Coumadin, Insulin, or Warfarin – as long as they are not newly prescribed or stopped.
Other conditions, exclusions and limitations may apply – Please review your policy for further explanations.