International Travel Health Insurance – Do I Need It?
First of all, it is necessary to determine what is International Travel Insurance . International Travel Health Insurance is a short term health insurance plan that provides, inter alia, medical care related to international travel. Sometimes it is known as Travel Medical Insurance. Do not mix travel medical insurance with International Health Insurance which is typically a year plan that is more comprehensive . This is sometimes known as Expatriate Health Insurance or Global Health Insurance.
Emergency Medical Evacuation,
Emergency Medical Evacuation,
Emergency Dentist,
Emergency Dentist,
and Disassembly,
Terrorism Coverage,
Hospital Aid (or Hospital Daily Cash)
Pregnancy Complications,
An Existing Condition
Travel Assistance Such as Pre-Trial Health and Safety Advisory Services, Emergency cash transfers, lost passport or travel assistance, guarantee rental, etc.
End of trip home coverage, say, an extra 30 days for n extra premium. Like all health insurance plans, deductions, co-insurance rates and maximum limits apply to International Travel Insurance. Different levels and combinations of these beneficial properties result in different charges.
Detailed explanation of these benefit elements goes beyond this document. For more information, please read the link in the resource box.
Now back to the question, "Do I need an international travel insurance?" Before answering this rhetorical question, let's study the real risk of international travel . We are talking about the following risks:
I do not know where to go or who to turn if you are in a foreign country in a medical situation;
You release yourself and your loved ones to normal medical care that can further exacerbate your pain and suffering and endanger your life;
Emergency medical situations that may require you to evacuate to save your life;
Emergencies that arise as a result of war, terrorism or natural disaster.
Unfortunately, the above strikes are real in the world that we all live today. From a financial point of view, it is not wise and logical if an individual takes these risks. In addition, one of these risks far outweighs the financial situation and, in case of an emergency, may mean life or death. In short, traveling for business or pleasure, international travel poses a risk. You may arrive at the destination to find out that your personal items package has disappeared. A personal emergency may require early return. Medical emergencies may require hospital treatment or even aspiration. In most cases, existing insurance does not provide adequate protection for these and other risks . Without adequate travel insurance, you may be exposed to significant financial risks. Fortunately, with the quality international travel insurance plan, the aforementioned risks can be cost-effectively reduced. For example, U $ 1,000,000 international travel insurance coverage is available for $ 1.50 a day . This is probably less than a bottle of mineral water!
So, do you need an international travel insurance to cover you and your loved ones? Obviously the answer!