A simple question I think, but SWMBO is not satisfied with my understanding of how the free CC travel insurance works. She works in a financial institution that sells the stuff and is concerned. I always in the past purchased insurance, and have searched the Aust forum regarding CC travel insurance and have not found a mention of the point at issue. Chubb underwrite the NAB policy.
I have closely read the T&C's and am happy that I have ticked the boxes in spending more than $500 (8 times that so far) and that a the coverage is now activated. The other half is looking to be provided with a policy document with all our details on it, with a policy number.
The way I read it the coverage is a "sleeper" in that no individual policy is raised, with the coverage being in place subject to any claims being presented in the future, with proof being provided that the CC was used to meet the conditions. Yes or No?
Since we last travelled she has also developed a medical condition and expected to be required to make a declaration in that regard. As I read the T&C's, pre-existing conditions would not be covered, and we did not expect that they would be, and the person must be fit to travel before commencing the travel. We have no problem with that point.
Can my 'imaginary friends', as my wife calls you all, please advise me?