What is an excess?
Most insurance policies have an excess, or a ‘deductible’ as part of your cover. This means that when you claim, the insurer first removes the excess from any amount they will pay you as part of the settlement. Your chosen excess will also affect the cost of your policy.
Worldcare Travel Insurance Excess
When you select a Worldcare Travel Insurance plan, you can adjust the excess levels to suit your preference. An excess, as stated in your Certificate of Insurance, will be deducted from our settlement if you make a claim (unless a higher excess has been imposed on your cover by us and confirmed to you in writing). The excess applies under this Policy Wording to each separate event giving rise to a claim. There will be no excess charged if you have purchased and paid premium for a No Excess Policy. This will also be shown on your Certificate of Insurance. Your Certificate of Insurance will be issued to you as confirmation of cover.