As mentioned in our previous article about Travel Insurance, it covers all losses and costs related to one’s traveling. It’s like a shield for all the travelers who think travel insurance is important. It reliefs you and your family against all unexpected, or unforeseen events caused during traveling. A Travel Medical Insurance coverage can reimburse costs related with your medical treatment while you are traveling like hospital charges, any ambulance or physician services. Unfortunately travelers don’t take it as an important step in buying a travel insurance as they think it’s a waste of money and nothing is going to happen to them or their family members during their trip.

Now you must be thinking of being a protective traveler along with all tips in selecting the best travel medical insurance. It’s always a wise decision to buy a travel medical insurance coverage from trusted and reliable company than buying from any company that arises and disappears according to their needs. So here we are to clear all your confusions regarding how to select your best travel medical insurance.

Determine What You Need

It’s very important for you to assess your requirements and needs before purchasing any type of insurance or setting out a shortlist insurance policies. There are various factors which you must take into account before making any decision of which policy to select. The factors might be:

• The travel type
• The number of travelers
• The length of your trip
• The budget of your trip

Here are top tips to select the best travel medical insurance out of n numbers of policies floating all around in the market.

Tips to Select the Best Travel Medical Insurance

Policy Duration

You can either opt for a single or multi-trip policy depending upon your travel plans. A single trip policy is suitable for a single-trip like a yearly vacation while a multi-trip policy is suitable for those who make frequent trips yearly.  The benefit of buying a multi-year policy is to prevent yourself from the hassle of buying it for each time you travel. It will also save you money. Choose a policy with a duration that exceeds slightly the duration of your trip. Keep a check on the number of coverage days.

Coverage Limit Check

There’s a corresponding coverage limit for an insurance fee that you need to pay. The Schengen Travel Medical Insurance for example, have a medical coverage of at least €30,000 or €50,000. A lot of insurance companies offer travel medical insurance policies to those who travels to the Schengen area yearly. The medical coverage to the western countries, South Korea, or Japan is at least $100,000 and to other Asian countries is at least $30,000. You should know the coverage limits as you want to have medical coverage that include all possible medical expenses in any emergency.

Medical Insurance Policy Type

There are different types of policies for a family, couple, or an individual. It’s better to go with a couple/family plan rather than investing on an individual as it will cost you less. So Choose a policy that provides coverage for all family members. Here are the common types of policies:

• Single-trip plan – It provides coverage for your single-trip. You may however renew or extend your existing policy.

• Multi-trip Plan – It’s an annual insurance and provides coverage for your multiple-trips throughout the year. It’s beneficial for those who travels abroad frequently.

• Group Plan – It provides coverage for an entire group of people under a single policy and a discounted rate. It’s beneficial for a student group, or a large family.

• Student Plan –  It’s beneficial for the students who study abroad. It provides medical insurance coverage for the full-time scholars and students.

• Long-term Plan – It provides coverage for a long-term travel. There are two coverage options:
  • Standard Travel Medical Plan: It provides emergency and medical coverage for a maximum of 364 days. You can even extend or renew your existing policy.
  • Travel Major Medical Plan: It’s also known as expatriate insurance. It provides coverage for preventive care and prescription drugs in addition to other emergency care. It may provide an option for a period following your return home and any extension of your insurance plan.

Ask as per Your Requirements

A travel medical insurance policy means an insurance coverage for yourself. So you are the one who needs to know your needs and physical/mental risks. So get a policy as per your requirements from your insurance provider. Don’t settle for what is already there. You can include or exclude as per your needs. You can make your medical insurance coverage as prior than other inclusions like the missed flight coverage or stolen baggage coverage etc.

Choose a Right Price Policy

An Insurance policy price varies according to your trip length and coverage amount. Too expensive policy may offer high limits for your travel and medical coverage which is impractical and being too cheesy while purchasing a travel medical insurance plan might give you more expenses rather than savings. Expensive insurance might have high coverage that is not important and too low prices insurance might have extremely low medical and travel coverage. So choose a policy of right price.

Above mentioned tips are crucial tips that will definitely help you get a Travel Medical Insurance. So get a travel medical insurance policy from the right and dependable company. Contact us for any further assistance to acquire a visa or insurance. Contact us or leave us a What’s app message on (+1 516-835-7843) or go through our website.