Importance of Comprehensive Medical Insurance for Travel and its Coverage
We all have to travel, either for business or for pleasure. Whatever may be the purpose, we expose ourselves to a lot of risks while traveling. We all feel that we are quite healthy. However, accidents don?t come with warnings. Travel insurance can make a big difference simply by covering the various unforeseen expenses you incur during your travel.
We all know that ?Prevention is better than cure?. Isn?t it good to be protected than feeling sorry about the consequences? Travel health insurance might seem to be like an additional expense when you spend thousands on your trip. But you can enjoy your trip at the fullest by having a perfect travel insurance.
Did you know that just one night?s stay in the hospital can cost you $2500 or more? Or a heart surgery abroad can cost you as much as $100,000? Hence, travel medical insurance is an affordable, safe and easy way for insuring unforeseen costs and events.
Travel insurance provides you with cover for personal accident, ambulance cost, hospitalization, loss of baggage/passport, home burglary etc. Although, medical insurance for travelers provides the coverage during medical emergencies, it is always safe to have a policy that can provide maximum cover.
The amount of medical coverage allowed by the travel insurance companies varies widely. While young people are allowed policies which are nearly of $500,000, older people are generally allowed to purchase policies ranging between $50,000 and $100,000. Most of the insurance companies offer a comparison tool especially designed for the older people. The advantage of this tool is that you will be able to pick the best buy.
However, if you are going for fixed benefit travel insurance policies then it will not cover all your expenses. Limitations are there for every kind of expense. Suppose you meet with a personal accident then your policy of $100K might cover something around $20K. However, if it is a mere dental expense then your policy might cover you for only $500. The exact amount obviously varies from company to company. If you incur any accident related expenditure beyond this ceiling then you will have to bear that on your own.
For certain expenses there is a deductible imposed. It is basically an amount which is fixed beforehand between your travel insurance company and yourself. You will have to pay this amount for your medical expenses before your travel insurance company starts giving you the cover. Your premium amount would be lower as long as you pay higher deductible.
Travel insurance covers losses other than medical expenses. The travel insurance online company will also provide you coverage against repatriation costs, loss of personal belongings, medical evacuation, etc. Isn?t it really a wise decision to secure yourself against such unforeseen financial expenses? - 23211
We all know that ?Prevention is better than cure?. Isn?t it good to be protected than feeling sorry about the consequences? Travel health insurance might seem to be like an additional expense when you spend thousands on your trip. But you can enjoy your trip at the fullest by having a perfect travel insurance.
Did you know that just one night?s stay in the hospital can cost you $2500 or more? Or a heart surgery abroad can cost you as much as $100,000? Hence, travel medical insurance is an affordable, safe and easy way for insuring unforeseen costs and events.
Travel insurance provides you with cover for personal accident, ambulance cost, hospitalization, loss of baggage/passport, home burglary etc. Although, medical insurance for travelers provides the coverage during medical emergencies, it is always safe to have a policy that can provide maximum cover.
The amount of medical coverage allowed by the travel insurance companies varies widely. While young people are allowed policies which are nearly of $500,000, older people are generally allowed to purchase policies ranging between $50,000 and $100,000. Most of the insurance companies offer a comparison tool especially designed for the older people. The advantage of this tool is that you will be able to pick the best buy.
However, if you are going for fixed benefit travel insurance policies then it will not cover all your expenses. Limitations are there for every kind of expense. Suppose you meet with a personal accident then your policy of $100K might cover something around $20K. However, if it is a mere dental expense then your policy might cover you for only $500. The exact amount obviously varies from company to company. If you incur any accident related expenditure beyond this ceiling then you will have to bear that on your own.
For certain expenses there is a deductible imposed. It is basically an amount which is fixed beforehand between your travel insurance company and yourself. You will have to pay this amount for your medical expenses before your travel insurance company starts giving you the cover. Your premium amount would be lower as long as you pay higher deductible.
Travel insurance covers losses other than medical expenses. The travel insurance online company will also provide you coverage against repatriation costs, loss of personal belongings, medical evacuation, etc. Isn?t it really a wise decision to secure yourself against such unforeseen financial expenses? - 23211
posted by X - Men @ 1:38 AM
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