Confused whether you need to buy Trip Insurance or Travel medical insurance or long term Global health insurance?
Trip Insurance – Insures the cost of the trip
If you have planned an expensive trip or a cruise vacation and want to ensure that your trip expenses are insured, then you should buy Trip Protection insurance. Trip protection insurance is also commonly known as travel insurance or trip cancellation insurance.
This insurance comes into play should your trip be cancelled or interrupted for any reason, then this insurance will reimburse the eligible pre-paid and the non-refundable portions of the trip. These non-refundable expenses could be hotel rooms and cruise tickets...Depending on the travel insurance policy, it might also cover unexpected expenses resulting from lost, damaged, delayed or stolen luggage. While some of these plans require that the trip is cancelled for an approved reason other plans are available with 'cancel for any reason' benefit. Unless you have purchased 'cancel for any reason' policy, there are many valid reasons to change the dates of trip or cancel it completely that will not be covered.
Since the trip insurance is meant to cover the trip cancellation costs, this will either not cover or have limited coverage for healthcare be it inpatient or outpatient care. This insurance is usually for vacationers, cruise or short term trips for less than 30 days. It is important to be covered by these plans for your trip should you need to cancel your trip as at least some of the vacation cost will be reimbursed.
The cost of a trip protection insurance policy will depend on the amount of money you have invested on your vacation and any other additional coverage you may need. At American visitor insurance, you can compare trip insurance plans and buy them online.
Travel Medical Insurance: Insuring the travellers medical expenses
While you an international traveler, traveling outside your home country you are vulnerable to medical issues given that you are in a new environment. You want to insure yourself against any emergency accident and sickness given that your domestic health insurance may not protect you outside your home country. In this situation where the focus is on the health insurance coverage of the traveler, you need to buy travel medical insurance. Travel medical insurance is essentially short term health insurance for visitors traveling outside their home country. This provides insurance cover for international travellers for any medical emergency or sickness and injury while they are in another country. The coverage includes inpatient and outpatient care, evacuation and repatriation. They cover the hospital room and board, ambulance services and any emergency services. Depending on the policy it might also cover political evacuation, terrorism, accidental death and dismemberment, natural disaster and repatriation of remains.
Some plans offer limited coverage while other are comprehensive in nature. You need to know the differences between limited and comprehensive coverage before you buy it.. Not all travel health insurance plans provide coverage for preventive care or for pre-existing ailments including maternity coverage.
A travel medical insurance protects you from any financial risk and can be the difference between a trip that is ruined by unexpected illness and a trip with sufficient insurance coverage with access to quality care and financial help. This insurance is also referred to as visitor health insurance, visitor medical insurance. At American visitor insurance, you can compare travel health insurance plans and buy them online. This is recommended for people traveling abroad or to foreign countries where risk to exposed health issues for unforeseen illness, injuries and accidents are higher.
Expatriates who will be living outside their home country for an extended period should buy the Long term global medical insurance plans. These plans are like the domestic health insurance within the US and include coverage for preventive care, routine dental and medical check-up, prescriptions and medications, maternity (covered after a year). These plans can be renewed annually.
Unlike the other categories of travellers, expats are living outside their home country for a longer period of time. This could be a pensioner from the US or Canada living in a warmer country like in Latin America or the Caribbean, or it could be a young professional working in a different country. Essentially these popular US expatriate insurance is for pensioner or young expatriates who reside outside their home country and visit their home country perhaps once a year. They specifically need health insurance to cover their regular medical needs like they would when living in their home country. If you are planning to live overseas for more than a year then you must get good Expatriate health insurance. These plans are available for periods of 12 months. This means that should you need any physical exam, dental care, vaccinations…you will be covered. Expat insurance includes:
Extended hospital stays
Routine medical and dental check ups
Wellness and preventive care
Expat insurance provides access to one of the best healthcare providers in the network of global healthcare providers. They are annually renewable for long period up to certain age. Expat Global insurance is intended for individuals and family members living abroad for multiple years unlike travel insurance which is for international travellers for up to a year including long term travel abroad, family vacations and business trips. At American visitor insurance, you can compare global health insurance plans and buy them online.