Trip vs Travel vs Global Medical Insurance plans

Confused whether you need to buy Trip Insurance or Travel medical insurance or long term Global health insurance? Here are some differences:

Trip Insurance

Insures the cost of the trip

Travel Medical Plans

Insures traveller's medical expenses

Global Plans

Long-term exclusive coverage

Definition
Trip Insurance is used to protect your trip. This includes trip cancellation and trip interruption insurance. Trip cancellation insurance covers the pre-paid non-refundable expenses in case the trip gets cancelled. The trip interruption insurance covers once the trip has begun and is interrupted due to some emergency.
Definition
Travel Insurance also known as travel medical insurance, visitor insurance covers the medical expenses of the insured for any unexpected sickness and injury during travel and while outside your home country.
Definition
Global Medical insurance is health insurance that provides coverage for US citizens living abroad or foreign nationals throughout the world. This is comprehensive health insurance coverage including preventive care and coverage for pre-existing conditions.
Eligibility
Recommended for people traveling abroad on expensive vacations where risk is involved like traveling with kids, seniors, traveling in unpredictable natural disaster areas…
Eligibility
Suitable for people traveling abroad where health care is expensive and not easily accessible and chances of getting exposed to health issues are higher.
Eligibility
Suitable for people and families staying overseas for long term and for those who might frequently travel throughout the world.
Covered benefits
This insurance covers all pre-paid expenses for trip cancellation, trip interruption, trip delay, baggage loss, airline expenses, rental car coverage, hotel bookings, cruise bookings and any other trip related costs. This will also cover medical benefits like dental expense and other expenses that a travel medical insurance covers.
Covered benefits
These plans provides coverage for both US and Non US citizens medical benefits such as dental expenses, pre-existing conditions coverage, emergency medical evacuation, repatriation benefits, medical expenses for any injury and unexpected sickness outside their home country.
Covered benefits
Global medical insurance provides worldwide coverage for both Non US citizens and US expats unlike regular travel medical insurance. They include coverage for preventive care, routine dental and medical check-up, prescriptions and medications, maternity (covered after a year).
Limitations
Trip insurance does not provide any coverage for routine and preventive care. Pregnancy and maternity related benefits are not covered. Mental health and drug abuse are not covered. Routine care for pre-existing conditions is not available.
Limitations
Routine care for pre-existing conditions is not covered. Pregnancy and Maternity benefits are not covered. Preventive Care services are not available. People above age 70 get limited coverage for pre-existing conditions.
Limitations
Coverage for US and Non US citizens is not available in their home country (unless below the threshold limit of days within home country allowed by insurance company). Waiting period may be applicable for pregnancy and maternity coverage. These plans are not guaranteed approval as they go through underwriting review.
Cost
The cost of a trip protection insurance policy will depend on the money you have invested on your vacation and any additional coverage you may need
Cost
The cost depends on the type of travel insurance you buy, some plans are limited while others are comprehensive. You need to understand the differences between fixed and comprehensive plans before you buy it.
Cost
More expensive but is comprehensive as they offer long term coverage and includes coverage for maternity, mental, dental, vision and preventive care services. Global plans also offer fixed or comprehensive coverage
Popular Plans
Travel Lite | Travel SE | Travel LX | Round Trip | Round Trip Elite | Round Trip Economy | Round Trip Choice | Travel Basic | Travel Max | Travel Select
Popular Plans
Visitors Care | Visitor Secure | Inbound USA | Inbound Guest | Patriot America Plus | Patriot International | Patriot Platinum | Atlas America | Atlas International | Liaison Continent | Liaison Majestic | Liaison International | Patriot Platinum
Popular Plans
Global Medical Insurance | Reside Worldwide | Maestro Latin American and Caribbean
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