Here are the top 10 things you need to know about affordable Travel Insurance.
Written by: Tracy B. McManamon
1) EMERGENCY MEDICAL TREATMENT
If you are traveling outside the United States (even into Mexico or Canada), most insurance carriers will not provide any insurance coverage. Travel Insurance can be the solution to having coverage for medical or in some cases even dental treatments while outside the country in the event you become sick or injured.
2) EMERGENCY MEDICAL ASSISTANCE
With a Travel Insurance policy, a patient can receive medical assistance, pharmaceutical services and in some cases even dental coverage while traveling abroad. Your carrier likely will cover the cost of emergency medical assistance, even for the transportation to the hospital, which can be very costly in a foreign country.
If something tragic happens while traveling abroad, your remains will be sent back to your home and paid for by the Travel Insurance carrier, covering the extremely expensive cost of repatriation.
4) MEDICAL EVACUATION
If something serious happens to you while traveling outside of the country and medical transport to another qualified and skilled hospital, facility, or even back to the States is needed, the Travel Insurance will not only coordinate this with a team of U.S. doctors, but the carrier will even cover the cost. Medical Evacuations can cost up to tens of thousands of dollars. With Travel Insurance, the carrier covers all the cost.
5) HOSPITAL BENEFIT
Before any care or treatment is provided, hospitals abroad require payment in advance. Also, because you will be a patient in a hospital there is a daily fee. Travel Insurance will guarantee payment and U.S. doctors will monitor your care and treatments abroad. Wherever you are, English speaking Doctors back in the States will coordinate your care and a team of 24 hour per day representatives will be there to answer you or a covered family members’ questions and provide numerous services for you.
6) TRIP CANCELLATION
In the event of your trip being cancelled or even interrupted, you could experience a significance financial loss. Trip cancellation protection as a part of your Travel Insurance plan, will cover the loss that might otherwise be devastating. If your trip is cancelled or get’s cut short, you may get reimbursed all or some of your expenses.
7) PERSONAL LIABLITY
In the event that you injure, hurt, or damage other’s property, while traveling, the Personal Liability portion of your Travel Insurance Policy could cover these damages or injuries.
8) LEGAL EXPERIENCES
Many, if not all, Travel Insurance policies may provide protection for legal matters that you might become involved in abroad.
9) LOST LUGGAGE AND PERSONAL BELONGINGS
Personal items, lost luggage and even lost cash may be covered under a Travel Insurance Policy.
10) READ & RESEARCH
Not all Travel Insurance policies or carriers are the same. Some companies have a better reputation than others. Selecting a well established globally recognized insurance carrier is extremely important. Be sure to READ the conditions, especially the exclusions that apply.