What is a Global Health Insurance Plan Renewal?
Global medical insurance policies will normally provide protection for periods of 12 months at a time. The exception to this is Travel Insurance which is normally purchased to cover journeys of a specific duration.
When you come to the end of your policy year, having held the coverage for almost 12 months, you will then be given the option of renewing your plan and will normally be sent a letter detailing the renewal terms.
You do not have to renew your coverage if the terms being offered in the renewal are unsatisfactory. However, it is important to understand that renewing the coverage actually means entering into a new contract with the insurance company, and that any changes with renewal terms and conditions will supersede the terms and conditions of the original policy.
If you are unhappy with the renewal terms being offered CCW will work with you to help find a resolution. We will liaise between you and the insurance company to determine a contract which is suitable to all parties, and if this is not possible, help you to find additional coverage options which may be provided by alternative insurance companies.