TI, Why you should read the fine print/

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Hvr

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Travel insurance is a necessity and essential item for those of us who like to travel. But, who really reads the fine print? For this woman it paid off, big time.


When she decided to plan a getaway to England with some girlfriends, they purchased travel insurance, as they each had someone in their lives who was elderly or sick. Through the website Squaremouth she bought a policy that cost $US454 ($647), the lowest price she could find to cover all of her travel costs, should she need to cancel.

Excellent, we've all heard way too many stories of people who don't buy TI and when they need it, whinge.

When the company she bought from, Tin Leg - a subsidiary of Squaremouth - sent her the insurance policy, she sat down to read it.

Even better. It's always good to know what you are and more importantly aren't covered for when travelling.

"Pays to Read," read the contract.

It continued: "We estimate that less than 1 percent of travellers that purchase a travel insurance policy actually read all of their policy information - and we're working to change that."

It said the first person to email the company and mention the fine-print contest would win $US10,000. Andrews immediately emailed.

And what did the company say?

On February 12, the day after Andrews sent the email to Squaremouth saying she'd seen the contest hidden in her contract, a representative from the company called her and told her she'd won $US10,000.

Well done to her, I admire her diligence.

https://www.theage.com.au/world/nor...ls-of-insurance-contract-20190308-p512mb.html
 
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