Everything You Need To Know About Medical Travel Insurance Plan
Exploring new places is a beautiful experience. Even a thought of travelling abroad might bring a smile on your face, but it is always a risky affair. You don’t have control on external factors that may disturb your entire travel plan and it would be a wise move to do a careful planning before go for a travel.
A travel insurance plan is a key to have a peaceful and memorable travel experience. It provides a helping hand to face any financial setbacks that you might have to face during the travel. A trip to developed countries such as USA, France, Germany, or UK, may cost you hundreds of dollars in terms of medical treatment. An average cost for an emergency medical care in the United States is about Rs 2 to 3 Lacs that would eat up the entire budget of your journey.
Illnesses or injuries may happen to anyone and at any time, so it’s better to get a medical travel insurance.
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What is Medical Travel Insurance?
A medical travel insurance is designed for those who are travelling abroad. This travel insurance provides cover, especially for Medical Emergencies and Evacuations. It provides cover for unexpected medical costs and dental costs. This travel insurance also provides cover for Repatriation of Remains, Accidental Death & Dimemberment (AD&D) and Emergency Travel Assistance Services.
What It Covers?
Emergency Medical & Evacuation: When you are travelling abroad and become ill or meet with an accident, this plan covers all your medical costs. It also covers the cost incurred towards emergency dental treatment and emergency transportation services (ambulance & air ambulance). With emergency medical evacuation, you will be transported to the nearest qualified medical facility, where you can receive proper medical care. Some medical travel plans bring you back to home country, in case of emergency medical evacuation.
Repatriation of Remains: If you face a mishap that lead to your demise during the trip, your body remains are transported back to your home or to a nearby funeral home.
Accidental Death and Dismemberment (AD&D): Medical Travel Plans also provide for Accidental Death and Dismemberment and the insurance company will pay the applicable benefits, in the event of disability or death caused due to an accident during the travel.
Emergency Travel Assistance: It includes coverage for emergency transportation services, translation assistance, lost document assistance, legal assistance, and much more. It does not involve any monetary aids, but the insurance company will assist you to cope up with tough situations while travelling abroad.
Note: Prior to opting for a travel plan, it is essential to read the policy terms to check about the coverage and benefits available.
Don’t forget to Read “Myths About Travel Insurance” for understanding more about Travel Insurance.
How Much Does it Cost?
A medical travel insurance plan is meant for travelers seeking coverage towards medical expenses, while travelling abroad. This medical travel insurance does not provide cover for trip cancellation & interruption, travel delays, and baggage loss, and thus, it is an economical plan when compared to a typical travel insurance plan. The premium amount for a medical travel plan is calculated on the basis of the duration of the trip, age of the traveler and medical & evacuation coverage opted under the plan.
When You Should Buy a Medical Travel Insurance Plan?
If you have a serious or any pre-existing medical condition, a regular travel insurance plan will not cover you for these medical conditions. On the basis of adverse medical condition/s, the insurance company will deny you for any medical coverage. In such a scenario, you need to buy a medical travel insurance plan that covers the cost against all sorts of emergency medical conditions and evacuation.
Do some research and buy the best travel insurance plan that provides comprehensive medical cover, when you are travelling abroad.
Conclusion
A Medical Travel Insurance plan provides cover for any emergency medical or dental condition and medical evacuation. This travel insurance plan assures you that you don’t have to compromise for medical care. You should compare plans online and buy the best travel insurance cover that takes care of all your health care needs, when you are abroad.
