Tag Archives: travel insurance

International Travel Insurance

International Travel insurance is insurance intended to cover medical expenses, financial default (i. e. failure to meet the legal obligations) of travel suppliers as well as other losses incurred while travelling either within one’s own country or international.
Whether your trip is for business or pleasure, domestic or abroad, adequate medical emergency evacuation coverage is important should you experience illness or injury during your travels.

Natural disasters. Building evacuation due to fire or smoke. Political unrest. Every day thousands of travelers across the globe risk being subject to unforeseen events of all kinds. What happens next is the bigger issue.

Emergency evacuations are not uncommon – especially these days. Whether you call the United States home or reside in another country, it’s not enough to have basic insurance coverage. Emergency evacuation is a foreign country could involve much more than hospitalisation. In fact, it is likely in such an event it will involve a number of other expenses surrounding your emergency evacuation, which could threaten your financial stability.

Traditional insurance carriers are hard-pressed to provide you with adequate emergency evacuation coverage due to high risks and exposures you face in a situation requiring emergency evacuation. Moreover, most carriers do not cover medically related expenses in such emergency situations.

Temporary travel insurance can usually be arranged at the time of booking of a trip to cover exactly the duration of that trip, or a ‘multi-trip’ policy that can cover an unlimited number of trips within a set time frame. Coverage varies and can be purchased to include higher risk items such as ‘winter sports’.

The most common risks that are covered by travel insurance plans are:
1. Medical emergency (accident or sickness)
2. Emergency evacuation
3. Repatriation of remains
4. Return of a minor
5. Trip cancellation
6. Trip interruption
7. Visitor health insurance
8. Accidental death, injury or disablement benefit
9. Overseas funeral expenses
10. Lost, stolen or damaged baggage, personal effects or travel documents
11. Delayed baggage (and emergency replacement of essential items)
12. Flight connection was missed due to airline schedule
13. Travel delays due to weather
14. Hijacking

Medical expenses coverage can be Per Occurence or Maximum Limits

Some travel policies will also provide for additional costs, although these vary widely between providers.

In addition, often separate insurance can be purchased for specific costs such as:
1. Pre-existing conditions (e.g. asthma, diabetes)
2. Sports with an element of risk (e. g. skiing, scuba diving)
3. Travel to high risk countries (e.g. due to war, natural disasters of acts of terrorism)
4. Additional Accidental Death and Dismemberment Insurance
5. 3rd Party supplier insolvency (e.g. the hotel or airline to which you made non-refundable pre-payments has gone into administration.
6. Acute on-set of pre-existing conditions – this term is very different from Pre-existing conditions. It means a sudden and unexpected occurence of pre-existing medical conditions without any prior warning from a medical professional.

Travel insurance companies, especially in the USA, do not offer coverage for pre-existing coverage but they do offer coverage for acute on-set of pre-existing conditions. If you have pre-existing conditions, make sure you get this coverage to protect yourself against any emergency situation that arises due to pre-existing conditions in spite of taking care.

Common Exclusions

1. Pre-exiting medical conditions but a lot of companie now cover for “acute on-set of pre-existing conditions”
2. War or terrorism – but some plans may cover this risk, and some do cover for acts of terrorism.
3. Injury or illness caused by alcohol or drug use.

Usually, the insurers cover pregnancy related expenses, if the travel occurs within the first trimester. After that insurance coverage varies from insurer to insurer.

All Aboard Benefits can provide you with the coverage you need, helping you manage the complications and costs of medical and travel emergencies that may occur during your trip and help you to avoid a future loss of income.

The Emergency Medical Evacuation Insurance Program covers the wide variety of risks and exposures that can occur during your trip. They will provide you with emergency medical coverage of medically related expenses, should you experience illness or injury during your travels.

Coverage options include:

Emergency evacuation, including that for individuals with pre-existing medical conditions
Air ambulance rescue
Transport of dependent children back home
Hospital visit from spouse or other loved one
Repatriation of remains
Accidental death and dismemberment
Security evacuation (including natural disaster coverage)
Optional adventure sports coverage
Optional baggage coverage

The program also includes the following 24-hour emergency travel assistance options:

Arrangements for last-minute flight changes
Hotel and reservations arrangements
Lost luggage
Medical referrals
Replacement of lost prescriptions
Emergency cash transfers
E-mail and phone messaging to family and friends
Pre-trip health, safety and weather advisories
Airport transportation
Personal security assistance
Identity theft assistance

Group Travel Medical Insurance

Also available is a dependable and cost-effective international group medical insurance plan for international travelers and persons living or working abroad.

Eligibility:

Large or Small Groups and Organizations:

Vacation tour groups, missionary or church groups, students and corporate groups.

Corporate Health Insurance for Employers:

Employers who need International Insurance Coverage: a policy can be issued if you have 5 or more non-citizen employees who do not qualify for the company’s existing health plan, if one already exists. Criteria is that the employees are living and working outside of their home country. Spouses and dependent children under the age of 18 can also enroll. Custom benefits can be designed according to your requests.

Standard US major medical benefits include inpatient and outpatient services and prescription drugs. International plans include emergency medical evacuation, repatriation of remains, medical provider referral and multilingual customer service.

Trip Cancellation Worldwide:

International Trip Cancellation insurance plans provide trip cost reimbursement benefits that help ensure you’re prepared in the event of an accident, illness or loss when travelling. These worldwide travel cancellation insurance plans also provide reimbursement if your international cruise or trip is interrupted or cancelled as a result of tour operator or travel supplier default, weather that causes complete cessation of services, or a number of other events that may cause interruption or cancellation of your business trip or prepaid vacation.