Whether you are planning for a domestic or abroad trip, it’s essential to have travel health insurance. This kind of insurance not only insures your health and safety but it also prevents any financial loss that can occur due to a medical emergency. In most cases, the insurance that you have from your country does not cover medical expenses incurred while travelling to another country. So, having travel health insurance is important for covering those medical emergencies while on a trip.
Carrying out research of the particular destination you intend to visit is a must. This way, you become aware some of the common diseases affecting the area. Be careful what you eat because you can eat something that you are allergic to. When you arrive at your destination, look for a gym nearby to commit to a healthy lifestyle. You might not have an hour to exercise, but you can take just 10 minutes, and be on your way to a healthier you. An allergy can be serious and turn into a hospital case where you could spend a lot of money. That’s why part of planning a trip should include buying a travel health insurance.
There are different insurance plans depending on the type of travelling you intend to do. One of the common type of insurance used by many travelers is short term insurance. This type of insurance is available for trips between two days to six months with the ability to renew the plan for up to three years. Short term insurance is geared for people under the ages of 69 or 74 with the more expensive plans available for the more elderly adults. The benefits covered are usually up to $1 million and can also cover preexisting conditions.
Long term travel health insurance provides major medical benefits for anyone working or living abroad and can be issued for one year with the ability to renew the insurance on an annual basis. This kind of insurance provide a wide range of standard benefits that may include dental and maternity coverage. This plan is generally issued to people younger than 74 and cover $5 million in medical expenses over a life time.
The other type of travel insurance is for old and senior citizens who are over the age of 84. This insurance prevents the cost of potential medical expenses not to interfere with money kept aside for retirement. These plans are more flexible in nature with the maximum benefit determined by age. Major medical benefits are provided with a choice of deductible.
Trip cancellation insurance e is another type of travel insurance plan worth mentioning. This insurance covers expenses for an accident, sickness or loss when traveling as well as reimbursement if a trip is cancelled by the travel supplier, weather conditions that make it impossible for the trip to be undertaken or any other type of event that could cause the cancellation of a vacation or business trip. This benefit applies primarily to those trips that have been paid for in advance.
If you are student and intend to travel, it’s advisable you get a student health insurance. This type of insurance is best suited for students studying abroad. Normally, the educational institution in which the student is enrolled will provide a plan but many outside insurance companies can provide plans accepted by the educational institution that are more cost-effective and provide benefits that meet or exceed institution and government requirements.
All in all, there are many companies around the world that provide travel health insurance, all you need to do is research and pick the best company that meets your requirements. Get several free quotes online and compare their coverage and costs to determine which plan is most suitable for the type of travel you plan to take.