12:52 PM Travel Medical Insurance | Travel Insurance Review | ||||
Travel medical insurance is for travelers who are leaving their home country. It provides coverage for medical emergencies and evacuations. Depending on the company selling it, it is sometimes called International Medical Insurance, International Travel Insurance, or Worldwide Medical Insurance. These plans are for travelers leaving their home country that are concerned with coverage abroad. Many insurance plans don t cover you once you leave the US, and an accident or illness abroad would not be covered. With a travel medical plan, the focus is on emergency medical and evacuation costs. If you are abroad and have an accident or become ill, it would cover medical costs for you. Emergency dental treatment is usually included and emergency transportation (ambulance, air lift) services are also covered. Emergency medical evacuations will get you out of a remote area and transported to a place where you can receive proper medical care. If you are killed or die on your trip, the repatriation coverage will ensure your body is properly transported home or to a funeral home nearby. Travel medical plans often include some Accidental Death and Dismemberment (AD D) and/or term life benefits which are paid regardless of any coverage you may have back home for a covered injury. This coverage can fill out your life insurance benefits and provide extra coverage for you or your family in the case of a serious accident. Medical plans are priced based on age, trip length, and coverage amount. This usually adds up to a few dollars per day, so it is a very economical way to get emergency medical coverage abroad. Trip insurance with cancellation, interruption, delay, baggage coverage, etc, are based mostly on the cost of the trip. It usually costs 4-10% of the insured trip cost, so these plans can easily be in the hundreds of dollars. Some medical plans offer a few trip insurance-like benefits such as minimal trip interruption coverage, coverage for lost or delayed baggage and even trip delays. This is a nice additional benefit, but if you are looking for true trip insurance benefits you should look at that type of plan.
The following coverage is typically found in a Travel Medical insurance plan.
Travelers like these should purchase travel medical insurance:
Travel medical plans come in three types:
Since travel medical insurance does not provide trip cancellation and other package-like benefits, the cost of the plan is often quite economical. A typical single trip travel medical plan can range from $40-$80 for a relatively short overseas trip. In general, the premium amount for a travel medical plan is based on:
While some travel medical plans will cover a few package-like benefits, the typical travel medical plan does not cover trip cancellation. trip interruption. baggage loss. travel delays and other benefits typically associated with package plans. Travel medical plans are meant for the overseas traveler seeking medical insurance protection outside their home coverage network. You have two options for buying travel insurance – the best option is to compare plans from all companies, get quotes, and purchase your travel insurance plan online: All travel insurance companies include a free look period with a refund that lets you review the plan documentation. If you decide you need something a little different, you can make changes to your policy or cancel it for a refund (minus a small fee).
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