Is it true that having a travel insurance policy with $0 deductible means you won't have to pay a penny for out of pocket expenses for covered benefits?

The answer depends on which policy you purchase. If you purchase a limited coverage plan, you may still have to pay the difference if your medical bills exceed the amount covered for a specific service or treatment, because limited coverage policies have limits on how much they will pay for a particular service you take. If you have a comprehensive coverage plan, you may be responsible for co-insurance, which usually ranges from 0-20 percent of up to the first $5,000 and the rest is paid by the insurance company. If you want to keep your liability low, a comprehensive coverage policy is preferred.

Can't find the answer?
Ask one of our licensed travel insurance consultants

Ask An Expert

Insurance rates are regulated by law.
You can't find the same insurance plan for a lower price anywhere else.

Similar Questions

How does the deductible work?

The deductible is the amount that you are responsible to pay before the insurance benefits start paying for the treatments or services. If you choose a zero ($0) deductible, that means you are not required…

Can I change my policy details after purchase?

You can change certain policy details, such as traveler information, policy maximum and deductible amount, after purchase if the policy has not yet gone into effect. The easiest way to do this is to sign…

How do I make changes to an existing insurance policy details like…

After the policy start date, the policy maximum and deductible cannot be changed. So, in order to make changes to the policy maximum or deductible after the policy goes into effect, you would have to…

If I renew my travel insurance policy, will I have to satisfy…

The deductible varies by plan. Some policies provide a deductible "per policy period," so if you renew the plan, it is a continuation of the same policy, so the deductible would only apply one time.…

Does a new deductible per policy period or annunal deductible apply if…

If you have satisfied your policy's deductible in the original coverage period and decide to renew the policy, the deductible will not need to be satisfied again, until the maximum coverage period comes to pass.…

Can I change policy details like policy maximum or deductible while renewing…

The policy maximum and deductible cannot be changed when renewing a policy. If you need to change these details, you can purchase a new policy instead of renewing. It would be considered totally unrelated to…

Disclaimer

Information provided here in the form of Questions and Answers is for general purpose only and may not be current and accurate at all times. Insurance terms and conditions, benefits, and coverage are subject to change at any time. For this reason, it is possible that the information given here could be outdated or incorrect. VisitorsCoverage inc. assumes no responsibility or liability for the accuracy of these answers. Any use of the information on our website is subject to our terms and conditions and user agreement. It is recommend that you review the latest Evidence of Coverage and Plan Contract (Policy) for a detailed description of coverage benefits, limitations, and exclusions. Please read the Policy Brochure and Plan Details for complete and accurate information. Only the Terms and Conditions of Coverage listed in a particular policy are binding.