Get the most out of your policy
Thinking of buying travel health insurance or do you already have coverage? Ask yourself: Is this the right coverage for me?
Not all travel health insurance policies are the same - service providers offer different degrees of coverage at different prices. Your current coverage or the plan you are considering purchasing may not be the right fit for you.
Always take the time to read the full terms and conditions of your insurance policy to make sure you know what is covered and what is not. Not knowing the exceptions and limitations of your policy could put you at risk or end up costing you thousands.
Do you need help getting started?
Navigating the world of travel insurance can be a daunting task. To help, we've put together some key tips on health insurance while traveling:
Why do I need travel health insurance?
Travel medical insurance provides coverage for unforeseen emergencies abroad. If you travel without travel medical insurance, you may be responsible for the full cost of all expenses related to an unexpected event, accident or medical emergency abroad.
What type of travel health insurance coverage can I get?
Having a clear understanding of the type of trip you will be taking and being aware of the dangers you may face abroad can eliminate anxiety about choosing the right policy.
Travel medical insurance policies come in two forms: a travel medical plan or a flight insurance package.
- Travel Health Plan - Also known as Travel Medical Plan. These standalone policies only cover medical emergencies abroad and generally cost a few dollars a day. Depending on the policy you buy, it generally covers the cost of treatment, emergency surgery, diagnostic services, outpatient care, medical equipment, hospital stay, or emergency transportation.
- Travel Insurance Package - Also known as a vacation package. This coverage consists of bundled products that cover medical emergencies, flight cancellations, flight interruptions, luggage damage or loss, and flight cancellations. These packages are usually 5 to 7% of the total cost of your trip.
How can I choose the right document for me?
Your travel health insurance policy is a legal contract. In exchange for coverage, you must comply with the terms and conditions of your policy. Please read their policy from A to Z, including all the exact characters, to understand what was included.
Before purchasing, please note the following:
- Type of trip and activities: Did you know that activities such as slides, bungee jumping, diving, camel rides or hot air balloon rides are not usually covered by medical insurance policies during the trip? You may need to think twice before receiving a last minute invitation to do these sports activities or others, such as skiing, skydiving, rock climbing, backpacking, rafting, parasailing, or paragliding. If your insurance company does not carry this type of coverage, look elsewhere.
- Your health status: You may consider yourself to be in good health, but the insurance company may differ. From the outset, some insurance providers automatically exclude pre-existing conditions from your coverage. For an additional cost, it is possible to obtain a contestant or a pre-existing medical condition waiver, which is usually available with a travel insurance package. Not all companies make concessions or your coverage may be limited to pre-existing terms. Please note that pregnancy or childbirth complications, alcohol abuse injuries, or psychological disorders such as anxiety or depression are not covered by standard insurance plans.
- Maximum benefit amounts - Find out the maximum amount of medical costs that an insurance company will cover. If you're considering getting the cheapest plan or package available, for example, you may only be covered with $ 10,000 in medical expenses. Some insurance companies set payment limits based on age and health.
Comments
Post a Comment