Travel Insurance Franchise Understand How It Works



  • The deductible is a value that indicates your participation in the expenses if the insurance is triggered . This means that you will need to pay the deductible for the insurance company to act. But how does the travel insurance deductible work? The travel insurance deductible works like this: you pay the travel insurance normally, but as the price is lower, you will have to pay again to use it. The amount paid will be what we call the deductible. This is because, the higher the deductible, the less expenses will be borne by the insurer. Thus, the deductible can be a way to reduce the price of travel insurance.

    Looking for the ideal insurance for your trip We have more than 400 plans available with coverage in Brazil and worldwide! Get 20% off with the coupon BLOG20 ! Search now by clicking here! How is it in Promo Insurance? In our plans, the deductible is only valid for hospital medical expense coverage. That is, if you need to activate travel insurance to Bulgaria Phone Number use the DMH, you will need to pay the amount of your deductible. If the expense is less than the deductible, you will pay the full amount. Now, if the expense exceeds the deductible, the insurance company will provide the rest of the amount , complementing what must be paid by you.

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    When activating travel insurance to cover hospital medical expenses if the customer informs the insurance company before going to the hospital, the company will send the payment authorization informing about the deductible. That way, the hospital will bill the patient directly. If the customer goes straight to the hospital, without prior notice, two things can happen: when showing the policy, the hospital will call the insurance company and be informed about the deductible. Or, if the hospital does not contact you, it will send the full invoice and, after notifying you, the hospital or insurance company will charge the customer.


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