We purchase a health insurance policy while living our regular lives to protect ourselves from medical emergencies. However, these policies have geographical limitations. If you travel to an international location, then your domestic medical insurance policy will not offer coverage. This is where you need a travel medical insurance plan. In this article, we will talk about travel insurance and discuss the benefits that you must look for while buying a policy.
Hospital Room and Board
When you travel to a foreign country, the food, water, and weather are new to you. Hence, it is possible to get food poisoning or water-related illness. If your condition worsens, then you might have to spend a lot to manage the costs of treatment.
It is important to remember that your domestic health insurance policy will not offer coverage when you are outside the country. While you can check with the insurance provider, if you don’t have adequate coverage, then you might have to buy a travel insurance plan that covers medical expenses.
Regardless of how healthy you are, accidents can happen, and you might need hospitalisation. Depending on the severity of the injury, the medical treatment costs could skyrocket. While purchasing a travel medical insurance policy, make sure that you check the scope and extent of the coverage carefully.
Emergency Medical Evacuation
If you are planning a trip to a remote area or to a place where medical facilities are not adequate, then make sure that your medical insurance policy includes emergency evacuation insurance. In foreign countries, transporting you to the nearest hospital that can provide the required medical attention can cost you lakhs of rupees. Hence, ensure that your travel medical policy has this feature.
Delayed or lost baggage is one of the most common problems faced by travellers around the globe. If you have planned a long trip and arrive at your destination without your bags, then you can be in a highly inconvenient spot. When you opt for an overseas insurance travel policy, the insurer offers reimbursement for lost clothes and certain personal hygiene items. This can help you get going. However, insurers usually have limits on reimbursements. Make sure that you are aware of the limits before signing the dotted line.
Usually, when people plan long international trips, they create an itinerary that involves multiple flights to cover multiple destinations. While people try to keep some buffer time to accommodate delays, sometimes the delays can stretch to hours and even the next day. If you have a travel insurance policy, then the insurer can cover overnight accommodation costs and meal costs.
Accidents can happen anytime and anywhere. If the policyholder meets with an unfortunate accident while travelling and gets dismembered or dies, then the travel insurance with medical coverage ensures that the beneficiary receives the sum insured.
As you can see, there are many benefits of travel medical insurance. However, before you buy, make sure that you read the policy wordings carefully and understand the terms and conditions, inclusions, and exclusions carefully so that you get an idea of the extent and scope of the policy. This can help you understand the coverage you can expect from the insurer and plan your trip accordingly. Also, to purchase the best travel insurance online, make sure you compare providers and plans and use an online travel insurance premium calculator to find the most cost-efficient plan for your needs.
A travel insurance policy is designed to offer coverage for medical and non-medical emergencies faced by the policyholder while travelling. When you are visiting a foreign land, you need to be prepared to manage such emergencies without disrupting your finances. A travel medical insurance policy offers peace of mind so that you can enjoy your vacation without having to worry about managing such emergencies.