Alcohol mixes well in cocktails—not with travel insurance. Travel insurance and alcohol can be an expensive combination. Whether your travels take you to the hills of France sampling champagne, the pristine Mexican waters enjoying a tequila, or the rooftop restaurants consuming a Singapore sling, we advise you to read the fine print in your travel insurance policy before enjoying that exotic beverage. When alcohol is involved during an incident for a claim, the claim may be denied.
Thirty out of eighty insurance policies audited found that claims for injuries, accidents, and lost baggage are not covered when alcohol is present at the time of occurrence.
In a recent survey, 23% of travelers were unaware of what was covered in their policy, and 44% did not take into account what was not covered in their policy while on the vacation.
Sometimes you find yourself in the wrong place at the wrong time. A traveler is in Kuala Lumpur, Malaysia, enjoying the sights and sounds of this vibrant Asian city. He finds himself taking a wrong turn while walking back to the hotel from a bar. An assault occurs and he wakes up in the hospital. Of course he enjoyed a beer or two at the bar earlier. He was unaware, like many, that this meant his claim would be denied.
These situations are among the most common exclusions in such policies. These policies state in fine print that if alcohol is present, the chance of something going wrong increases. The policy holder is expected not to take such unnecessary risks.
You are buying travel insurance to provide yourself coverage in case something goes wrong while abroad. Insurance Services of America, for example, will advise you on the best policy to suit your activities and plans. We recommend you shop around and understand what the policy specifies in the fine print, allowing you to find a policy that suits your needs when traveling.