When was the last time you read your insurance policy? Would you know which benefits are provided and which are excluded in certain circumstances?
There may be parts of your policy wording — also known as your certificate of insurance, certificate wording and/or insurance contract — that you don’t fully understand. This is probably true for many insurance policies you have, including travel medical insurance.
Although reading a travel medical insurance policy may not be as exciting as the “Harry Potter” series, doing so will take some of the mystery out of your medical coverage and may put more magic into your trip — or, at the very least, will give you peace of mind during your travels.
At International Medical Group® (IMG®), we work hard to help our insured members understand their coverage. To make things even easier, we’ve put together this guide on how to read an insurance policy, including what each section of the policy means and the most commonly misunderstood insurance definitions.
Below are some of the sections you may find in a typical IMG travel medical insurance policy, and what’s included in each of them:
Insurance policies are full of terms you may not understand. To help, we provide the definitions of commonly misunderstood terms you need to know:
With everything outlined above, it’s easy to understand why you may have avoided reading your insurance policy in the past. However, we hope this guide will help you next time you purchase insurance.
If you’re traveling, working or living internationally and you’re interested in purchasing a plan, check out IMG's travel medical insurance plans or call +1.866.240.4144.
If you’re already an IMG insured member, don’t forget that you can view a copy of your insurance policy at MyIMG.
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