Friday, September 28, 2007

Pitfalls of Free Travel Insurance offered with cards

Financial institutions today offer many extra’s to entice customers to apply for their credit cards and/or charge cards; one of the extras commonly offered is free travel insurance. This extra can lead to confusion for many potential travelers. Although some high end cards such as Platinum and Gold Cards offer reasonable cover many of the standard cards have very restricted insurance and therefore should not replace standard travel insurance.



Listed below are some of the common pitfalls:



- Possible restrictions on medical coverage

It is important to check that the medical coverage is adequate for the destination that you are traveling too. For example, it is recommended that travelers have unlimited medical cover View the rest of this article


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