 Poster: A snowHead
|
Hi there,
We have family travel insurance through our home insurance which covers winter sports. This is great but it doesn’t cover my husband’s type 1 diabetes and as it’s a policy through home insurance, they will not allow this to be added on.
We don’t expect any problems with his diabetes but always take out an extra policy with someone else to cover him just incase. We would only use his single policy if there was an issue with a direct link to his diabetes. However, I’ve seen people commenting that having two policies effectively covering the same thing can be an issue.
Has anybody had two policies like this and had a problem with claims? Or know if we are ok to continue with what we usually do & get an extra policy?
Thank you!
|
|
|
|
|
|
Obviously A snowHead isn't a real person
Obviously A snowHead isn't a real person
|
@breeze11, you need to look at what the Policy Wording says in the case of your particular polic(ies). Some will specifically ask you to declare if there is any other policy in place that covers the incident you're claiming for. For example, my insurance has the following clause:
| Quote: |
"1. Dual insurance
If at the time of any incident which results in a claim under this policy, there is another insurance covering the same loss, damage, expense or liability we will not pay more than our proportional share (not applicable to Section D – Personal accident)." |
Therefore, I would be expected to be asked at the time of claiming if there is any other policy that may cover the expense. (As Carre Neige and other similar insurance policies bought alongside lift passes are just that, i.e. insurance, you should declare those if asked the question - they often cover a lot more than you think).
My understanding (based on reading around the subject a bit, but I'm by no means an expert) is that it is then up to the insurance company that you lodge your claim with to recover any costs they wish to from the other policy. This article goes some way to explaining things, although interestingly, some aspects are contradicted by this article.
Calling @KSH as I know she is good at interpreting small print 
|
|
|
|
|
|
Well, the person's real but it's just a made up name, see?
Well, the person's real but it's just a made up name, see?
|
@sugarmoma666, I don't know about that, but I am absolutely no expert. That article you've found is excellent, though. I think that, in the OP's shoes, I'd check carefully that neither policy prohibits taking out another policy, but rather includes the sort of pragmatic clause you've quoted. And I'd make full disclosure to the main insurer that I was taking out another policy to cover the risk which they refuse to insure.
Personally I confess to being highly cavalier about this potential pitfall every time I take out Carré Neige!
|
|
|
|
|
|
You need to Login to know who's really who.
You need to Login to know who's really who.
|
@KSH, the issue of accidentally double insuring is an interesting one. That could be easy to miss.
Re. Carre Neige etc., I think the only thing to remember is to disclose that you have it if you make a claim and are asked if you have another relevant insurance policy. (A lot of people don't seem to realise it's a fairly extensive insurance policy and not just a means of getting you off the mountain.)
|
|
|
|
|
|
|
|
|
|
|
|
FAQ