MEDICAL TRAVEL INSURANCE
Travel Insurance: What Is It, Who Needs It, & How to Choose a Plan? Is travel insurance a waste of money – or essential for smart travellers? The truth lies in-between, and will depend on several factors. In this article, we’ll find the best answer for you. What Is Travel Insurance? Travel insurance is made up of two basic parts: trip insurance and medical travel insurance . You can purchase the parts individually or together, and most insurance companies will let you customize your coverage piece by piece to fit your needs. The basic components of a travel insurance plan include:
Trip Cancellation: If you have to cancel your trip for a valid reason before your departure, you will be reimbursed for the pre-paid, non-refundable portion of your trip. Insurance companies vary wildly in their definition of a “valid reason,” so it is essential that you ask. If you need coverage that lets you cancel for any reason whatsoever, you’ll need to spring for a premium plan. Trip Interruption: If you must return home in the middle of your trip due to a “valid reason” – such as your house burning down – you will be reimbursed for the additional expenses you incur for returning home early.Medical Expenses: If you are injured or fall ill during Emergency a trip, you will be reimbursed for your expenses.
Emergency Medical Evacuation: If you become seriously ill or injured during a trip and need to be transported to an adequate medical facility, you will be reimbursed for the cost of transportation.
Baggage Loss: If you lose your baggage or possessions, you will be reimbursed for the value up to a certain amount. Baggage Delay: If your bags are delayed and you have to purchase a change of clothes/toothbrush/etc., you will be reimbursed for your expenses up to a certain amount. Accidental Death & Dismemberment: If you die or lose a limb or two in an accident, you would receive this additional coverage.
Repatriation of Remains: If you die abroad, the insurance company will pay to ship your remains back home. Although these are the main components of most travel insurance plans, you can opt for additional services and coverage including: extreme sports, travel delay, rental car coverage, ID theft, concierge services, emergency cash transfers, and flight accidents. [Source:Â https://medium.com/@aaryarawat1/medical-travel-insurance -8a87b2acf6ef#.v95vuugiy ]
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