There are a lot of incredible things to see and experiences to be had around the globe, which is why, if you have the opportunity to do so, I highly recommend traveling abroad. However, while you are bound to have a great experience more often than not, emergencies can arise while you are traveling, and those emergencies may involve your health.
What happens if you get sick or injured while you are abroad? How will you get the medical care that you need? Will a medical emergency impact your trip? Will you have to foot an astronomically high bill for medical treatment that could potentially put you in financial ruin?
In order to avoid the pitfalls that can arise in the event of a medical emergency while you are traveling overseas, I highly recommend purchasing international travel medical insurance before any trip abroad.
What is International Travel Medical Insurance?
This type of insurance policy protects people who are traveling overseas. It offers coverage for both medical emergencies and medical evacuations. Though you may have health insurance, it may not provide you with coverage outside of the United States. And, if it does cover you overseas, there may be stipulations; in other words, it may not cover all of your expenses.
If you are involved in an accident, suffer an injury, you fall ill, or there is a medical evacuation while you are traveling abroad, international medical travel insurance will cover the expenses, which will give you a great deal of peace of mind.
International Medical Travel Insurance vs Travel Insurance Coverage
Travel insurance is certainly a wise investment. It can protect you from several unforeseen circumstances, such as a trip cancellation or interruption and lost or stolen luggage. It can also cover some medical expenses, but not all.
International medical travel insurance, on the other hand, specifically focuses on the cost of emergency medical care and medical evacuations. For example, if you are traveling abroad and you are involved in a car accident, you suffer an injury because of a slip and fall, or you fall ill, an international medical travel insurance policy will cover the medical costs that you incur. In addition, these policies usually also cover the cost of dental treatment, as well as emergency transportation, such as an ambulance.
If you are in a remote area and you have a medical emergency, a medical evacuation will remove you from the location and transport you to a location where you can receive the medical care that you need. An international medical travel insurance policy will not only cover the cost of the transportation that is required in the event of such an evacuation, but it will also cover the cost of the medical care that you will need. Not to sound grim, but in the event that you perish on your travels, the reparation coverage offered by your policy will ensure that your body is either transported to a nearby funeral home or home.
This type of insurance also usually covers some accidental death and dismemberment, as well as term life benefits, which will be paid regardless of any type of coverage that you may have at home for an injury that is covered by your existing policy. Additionally, this type of insurance can provide the extra coverage that you and your family may need in the event of a serious medical emergency.
It’s Less Expensive than Travel Insurance
International travel medical insurance is less expensive than standard travel insurance. The cost of these policies are based on a number of factors, including your age, the length of your trip and the amount of coverage it will provide. Typically, the cost of coverage is just a few dollars a day, and considering how expensive medical care can be, especially while overseas, it is a very wise investment.
Travel insurance policies that offer coverage for trip cancellation and/or interruption, lost or stolen luggage and a number of other things are largely based on the coast of the trip. Typically, the cost is anywhere between 4 and 10 percent of the total cost of the trip, which makes these plans more expensive than an international travel medical insurance policy.
Some Trip Insurance Benefits May Be Offered
Depending on the international travel medical insurance plan you choose, you may also get some trip insurance benefits in addition to medical benefits. For example, your plan may also offer coverage for trip interruption, or lost or stolen luggage. If you want to make sure that your trip is well protected, however, I recommend you purchase an additional travel insurance policy, as your medical insurance policy won’t offer as much coverage as a travel insurance policy will.
You never know when a medical emergency may arise. If you are planning a trip overseas, protect yourself with international travel medical insurance.