When you’re planning a vacation, an important consideration should be travel insurance. Did you realize that Medicare does not cover you overseas? Some health plans also will not cover you outside of the United States. If your health insurance plan does cover you overseas, do you need to pay first?
In this real case scenario, a man and his wife traveled to Jamaica on vacation. While there the husband had a stroke. Instead of treating him immediately, he remained untreated until his wife could secure $30,000. He laid there for four days without treatment. They had not purchased travel insurance. He survived but the situation could have been tragic.
A travel insurance adjuster would help negotiate payment or help secure funds until all the insurance paperwork is complete. The policy will also pay for a translator should the hospital staff not speak your language. A travel insurance plan could also pay to fly you and your loved one to another treatment facility or home to a treatment facility.
Purchasing travel insurance the same day or soon after you make the first payment to book your travel is important. Some policies exclude pre-existing conditions. Purchasing the same day or soon after, it’s possible to be covered for medical issues on your trip, despite your pre-existing condition.
If the medical condition made it necessary to fly you home, the cost of a medical flight home is very expensive. A one-way ticket could be $30,000 to $50,000 or more.
Travel insurance also covers a lot more:
- What if your bag was stolen with your vital life sustaining medication in the bag? A travel policy counselor could help you get your prescription filled.
- What if your connecting flight is canceled due to extreme weather? A travel insurance counselor can assist you with finding new flights and could pay for your hotel and dining out if you need to stay overnight.
- What if your passport and wallet are stolen? Did you realize that if your passport is stolen, cruise ships will not allow you back on the ship until you can secure a new passport? A travel insurance counselor can assist you in obtaining emergency cash and help you get your passport replaced. It could also pay for a hotel stay and transportation to meet your cruise ship later.
- What if a hurricane destroys the Caribbean resort you had booked? A travel insurance policy can reimburse non-refundable payments. Again, it’s important to purchase travel insurance the same day you make the first payment. Some policies will exclude coverage if you purchase the insurance after the hurricane is named.
- In the event that your cruise line, airline or tour operator goes bankrupt, a travel policy can assist you in getting you to your destination.
A travel insurance policy can be very affordable and provides you the peace of mind knowing that you have emergency assistance while you travel. For more information, contact one of our agents, or follow the link on the banner below.