What does excess mean in travel insurance Excess is a part of the loss, which is not compensated by the insurer and is deducted from the total amount of compensation when calculating the insurance indemnity payable to the insured. What does excess mean in travel insurance? Price of health insurance for travelling abroad Before you purchase a travel insurance contract, you need to check the prices in some major companies. Whereas previously you had to visit the office in person or make a phone call for information, today you can form a calculation online. The price of the form will depend on: the program selected;the amount of coverage;the period of coverage;the number of insured persons;the presence of a deductible;additional options. Possible reasons for refusal of payments Although comprehensive travel insurance covers the maximum possible risks, there are situations in which the insurance company refuses to pay compensation to its clients. They are all listed in the contract, so it is important to read it carefully to avoid unpleasant surprises. Possible reasons for refusal include the following cases. The insured failed to report the occurrence of an insured event within 24 hours.Any independent actions related to the treatment were not agreed with the insurance company.Ignoring the insurance company’s recommendations when an insured event occurred.Also, the insurance company is not obliged to cover expenses for medical services for pregnant women who are more than 28 weeks pregnant or expenses for treatment using unconventional medicine. For a complete list of exclusions, consult a specialist. Obviously, travel insurance is not a formality and is not a useless document at all. If you’ve ever been in a situation that required the intervention of an insurance company, you’re sure to buy the most comprehensive insurance program for future trips since then. But even if you have never resorted to the help of an insurance company abroad, remember – there is always a first time. And it will be better if it happens with a good program from a reliable insurer. Why is it important to choose not only the policy, but also the insurance company? Don’t be lazy to spend a little time looking for the right insurance program, the terms of which will fit your time. Do not lose sight of the important point – the reliability of the insurance company is no less and perhaps even more important factor that determines the quality of service and speed of compensation in case of an accident. Specialists of a good modern insurance company pay special attention to the quality and speed of settlement of insured events.