Trip Insurance: Pre-Existing Condition Waiver Explained

Trip Insurance: Pre-Existing Condition Waiver Explained

As you shop around for a trip insurance plan, it’s important to consider your own health and whether or not you have pre-existing conditions, such as hypertension or diabetes. If you do have pre-existing conditions, it may be wise to look for a trip insurance plan that offers a pre-existing condition waiver.

Without a pre-existing condition waiver, most insurance providers will deny claims for trip cancellation, trip interruption, or medical expenses related to pre-existing medical conditions.

What Is a Pre-existing Condition Waiver?

A pre-existing condition exclusion waiver is a benefit offered by some trip insurance plans in which if you meet certain requirements, the insurer will waive their pre-existing condition exclusion.

With a pre-existing condition waiver on your trip insurance policy, it may be possible to be covered for some trip-related expenses or emergency medical expenses for certain situations that may be caused by pre-existing health conditions.

How To Qualify for a Pre-existing Condition Waiver

Depending on the trip insurance plan you choose, requirements for the pre-existing condition exclusion waiver may vary.

Here are some of the most common requirements for a trip insurance pre-existing condition waiver:

  • You need to purchase your travel insurance policy very shortly after you make your first trip deposit in order to qualify, often within 14-21 days.
  • You must insure all pre-paid trip costs that are subject to cancellation penalties or restrictions.
  • You must be medically able to travel when you purchase your trip insurance policy.
Pre-existing condition exclusion waiver conditions will vary from plan to plan. Read a policy’s fine print carefully to understand how to qualify.

What Is Considered a Pre-existing Condition?

When it comes to pre-existing conditions, each trip insurance provider will have their own definition of what is considered pre-existing. However, it generally refers to an ongoing medical condition that existed in the policyholder with reasonable medical certainty prior to applying for a policy, whether known or unknown, for which medication or treatment is taken to keep the condition under control.

Do You Need a Pre-existing Condition Waiver?

If you are purchasing a trip insurance policy and currently suffer from an active medical condition, one that has been active or treated within the look-back period of the insurance policy, it may be in your favor to purchase a plan that offers a pre-existing condition exclusion waiver.

However, if you have a pre-existing medical condition that is considered stable and you aren’t taking medication for it or haven’t received treatment for it within the look-back period of the insurance policy, then you may not need a plan with a pre-existing condition exclusion waiver.

If you are unsure whether or not you need this waiver and know that you do or have suffered from a medical condition, it may be in your best interest to purchase a plan that offers a pre-existing condition waiver and meet the plan’s qualifications for this waiver.

Disclaimer: these are just examples of possible situations of pre-existing conditions for informational purposes only. It’s best to review a plan’s detailed description of benefits to understand pre-existing condition exclusion waiver details.

Trip Insurance Plans With Pre-existing Condition Waivers

A trip insurance pre-existing condition exclusion waiver can help give peace of mind to those travelers who have medical conditions. It’s important to do your research and select a plan that offers the benefits you need to secure your travels.