Travel Health insurance plans - per injury/illness plan vs per policy period plan
There are numerous American travel health insurance providers selling health insurance plans for international travellers. However, there are many insurance terminologies that we come across while choosing a plan for us which can be confusing for people outside the insurance industry. Amongst them are "per injury/illness" and "per policy period", terms which are commonly used while describing coverages of health insurance plans.
In a health insurance plan, the term "per injury/illness" refers to the policy maximum amount of the plan and the deductible of the insurance plan. In this type of insurance policy, the policy maximum amount is the plan benefit and will be the same for every new injury/illness for the lifetime of the plan. The deductible amount that has been selected on the policy by the customer has to be paid each time for a new injury or illness.