These days it is becoming easier and cheaper to travel around the globe.
From vacations to semesters abroad to international careers, more and more people are journeying to distant locations, far from their hometowns. While travelling is exciting and mind-opening, it can also be a difficult and dangerous experience. Travelers are more susceptible to foreign illnesses and disease, and accidents can happen at any time, especially for adventurous travelers!
As the demand for international travel methods increase, so does the demand for travel health insurance. There are now an incredible amount of international health coverage policies available to protect you wherever you go. And it’s even possible that your current plan includes international policies.
Essentially there are two basic types of travel insurance packages. There are plans that include trip cancellation insurance, and plans that forego trip cancellation insurance in order to provide more comprehensive travel medical insurance.
Trip cancellation insurance will reimburse all of the pre-paid portion of your trip, including your non-refundable expenses if you have to cancel your trip for ‘valid’ reasons. You can also purchase ‘cancel-for-any-reason’ insurance, which functions similarly but has higher premiums and fewer restrictions. These plans may also include policies such as trip interruption protection, emergency medical expenses, emergency medical evacuation, and lost luggage reimbursement.
Travel medical insurance doesn’t safeguard against trip cancellation, but often provides much more comprehensive and personalized options for healthcare abroad. You can find short-term, single trip plans ranging from emergency coverage to comprehensive international care. There are also multi trip plans for people planning to travel several times within the year. Expatriates have many coverage options for people staying abroad for longer increments. Students are also offered their own special packages when participating in exchange programs. And if you’re travelling with your family or friends, it is possible to purchase group policies in order to share the cost.
If you’re planning a trip, it can be overwhelming to try to choose from the countless travel health insurance plans available in addition to making your other preparations. That’s why you should call us at McKnight & McKnight Insurance Solutions. We’ll schedule a telephone interview or web conference so that you don’t even have to leave your home. Then once we have your information, we’ll compile a list of the best options tailored to your needs. Call us today at (813) 792-2301
