Five Insurance Coverages You May Have And Didn’t Know

Many times we enjoy insurance with coverage that we do not even know about. And it is difficult to read the fine print of what we hire, readings that can be very long and technical.

However, almost everyone has certain insurances that can cover many interesting assumptions, and sometimes they are not used due to ignorance. It would be best to check beforehand so that we are insured, but you can always look up the information when we have a claim.

Life insurance

Even if we think not, many times we are covered by life insurance without knowing it. For example, for having a credit card, for having signed a mortgage or simply because our collective agreement obliges our company to contract one for us. Normally, not knowing that we have contracted this type of insurance is not very worrying since there is a public registry that can be consulted when a relative dies to check if they had contracted this type of insurance. The reason for the creation of this registry is that many insurances remained unclaimed, which indicates that indeed many people had contracted life insurance without knowing it (or the beneficiaries did not know it).

Accident insurance

When we travel the last thing we want to think about is accidents, but sometimes they do happen. And when this happens it is always good to have insurance that covers us. Normally credit cards have these coverages if the trip was paid with them. Coverages can vary from one card to another, but they usually cover both the cardholder and spouse and descendants and assume the expenses of medical emergencies, urgent assistance and advance transfer.

Travel insurance and lost luggage

We all know how to conveniently ignore the messages that try to sell us insurance when we are buying airline tickets online. What we may not know is that we are not making a very risky decision, since our credit card usually covers us in these events. Almost all cards have travel insurance, which covers cancellation or delay, and for lost luggage. So, apart from claiming the company in such eventualities, it is advisable to call our credit card.

Theft and robbery insurance

Being robbed or robbed is very unpleasant. The feeling of helplessness is total. What many people may not know is that normally home insurance and credit cards cover this eventuality, even if they are outside the home. Faced with a problem of this type, it is advisable to file a complaint and with it claim our insurance. At least we can have financial compensation for the bad time that has passed.

Accidental damage insurance

This is, perhaps, the most unknown insurance for many policyholders. Some credit cards insure purchases made for a limited time (for example, 90 days) for accidental damage. That is, if we buy sunglasses or a mobile phone and after a month it falls to the ground and breaks, the insurance returns the amount of the purchase. It seems silly for sure but we have all had a problem like this at times, and this type of insurance gives us a joy.