Why Should You consider buying Travel Medical Insurance?

Every one want to enjoy travel trip in sound health. No one wants to get sick while on vacation, and an illness or injury can be one of the most devastating events that can happen during a trip. Travel medical insurance is designed to help in these cases. It’s every important if you’re traveling outside the country.

What Is Travel Medical Insurance?

Travel medical insurance pays for emergency medical expenses during a trip. If you are traveling and have an unexpected illness, injury or medical condition that’s covered by your travel medical insurance, the plan will reimburse you, up to the plan limits.

What Are the Different Types of Travel Medical Insurance Policies?

When you’re buying travel medical insurance, it’s very important to acknowledge the difference between these coverage types.

Primary vs. Secondary Medical Coverage

Travel medical insurance can be primary or secondary coverage, depending on the plan. If it’s primary, it will pay out before any other health insurance you have. If you have health insurance and buy travel medical insurance as secondary coverage, your own health plan must pay first.

If you’re traveling overseas and your health plan doesn’t provide coverage, a travel medical plan that’s “secondary” will essentially become primary coverage due to lack of other insurance.

Single-trip vs. Multi-trip

How often you travel in a calendar year could be the deciding factor between these two coverage types. Here’s the difference between the two.

Single-trip coverage:

Single trip coverage begins when you leave your home and travel to your destination (or destinations) and ends when you return home. The plan covers you for the duration of your trip. For example, you could purchase a single-trip plan for a four week European vacation where you visit several different countries.

Multi-trip coverage:

Also known as annual travel insurance, this covers you for a calendar year and is good for travelers who take three or more trips per year. For example, you could take a trip to Italy, come home for several weeks, then travel to Germany, come home, then take off to Mexico.

Who Needs Travel Medical Insurance?

Even travelers in very good health should have some form of travel medical insurance if they’re going outside your country. The most common overseas medical emergencies their policyholders experience include:

  • Fractures from falls
  • Trauma involving motor vehicles
  • Respiratory problems such as a collapsed lung
  • Cardiovascular problems such as a heart attack

If you don’t have the right coverage in place and you get injured or sick on your trip, you’ll be stuck paying medical bills out-of-pocket. Senior travelers, especially, should make sure to have good medical benefits when traveling abroad, since Medicare won’t provide benefits outside the country you live in.

How Do I Purchase Travel Medical Insurance?

Before you consider buying a travel insurance policy, it’s a good idea to compare quotes from multiple insurers. Most travel insurance companies offer free quotes on their website. You can save time by visiting an insurance comparison website that compares quotes from multiple companies.

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