Accidentally bought 2 policies, should I cancel new one?

[Sotermarler]

A month after I booked my cruise I called my big box TA to add travel insurance.

Naturally 1.5 years later I lost all of the information and forgot I had bought it and rebought more insurance with a different company. I can cancel the new policy, but should I? I am 30 days out from sailing, cruise cost $1900.

 

Other than losing $80 and paying stupid tax, are there other issues with being double covered?

 

Policy 1 with Leisurecare - cost about $100

Includes- travel - trip cancellation, interruption and delay & missed connection pays $1000 each.

Medical-Emergency evAc, accidental and sickness expense for $50,000 each, but NO pre-existing medical (my son has asthma and other issues)

Baggage-delay $500 personal items $1500

 

Policy 2 Allianz $80 includes-

Travel- cancellation $1500, delay $800, interruption $2250, missed connection $800

Medical- Emergency med and dental $25000, BUT includes pre-existing medical issues.

Baggage- delay $300, personal items $1000, change fee $250

So the original policy looks better but the excluded pre-existing medical has me concerned.

What would you do? Cancel the new one, or just keep them both since it was $80 and if something happens I can rest easy?

 

 

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[cruiseco]

So the original policy looks better but the excluded pre-existing medical has me concerned.

]

 

You need to find out if your son's asthma is really a pre-existing condition under the terms of the wording of the first policy.

 

Most insurers have the following type of pre-ex definition:

 

"“Pre-Existing Condition”

means an illness, disease, or other condition during

the 60 day period immediately prior to the date Your coverage is effective

for which You or Your Traveling Companion, Business Partner or Family

Member scheduled or booked to travel with You: (1) received or received a

recommendation for a test, examination, or medical treatment for a condition

which first manifested itself, worsened or became acute or had symptoms

which would have prompted a reasonable person to seek diagnosis, care or

treatment; or (2) took or received a prescription for drugs or medicine.

 

Item #2 of this definition does not apply to a condition which is treated

or controlled solely through the taking of prescription drugs or medicine

and remains treated or controlled without any adjustment or change in

the required prescription throughout the 60 day period before coverage is

effective under this Policy"

 

The above is from a TravelSafe plan.

 

So if your son's asthma is stable under the above definition, is treated with prescription meds and the prescription hasn't changed in the 60 day period prior to the date the policy was purchased it's NOT a pre-existing medical condition. If that's the case you can make your decision without regard to any possible pre-ex condition complications.

 

Call the insurer to see if they're somewhat the same in regards to this. They probably are as most state departments of insurance require them to include similar wording.

Edited October 15, 2016 by cruiseco

[Sotermarler]

Excellent advice! Thank you I will call and find out.

 

 

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