• 18
  Dec
  2009

• Mission Preparation Includes a Lot More Than Insurance!

  
  Filed Under: Blogging
  Author: Blog Writer
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Missionary insurance is but a part of the whole mission preparation list. While it is important that you purchase insurance for your mission—regardless of whether the mission is short- or long-term—it is also a fact that it is better to be safe and not fall ill in the first place.

If the mission is your maiden venture, you want to start preparation at least six months in advance. Remember that if you will be away from home for over a year, you might want to consider leasing or sub-leasing your home out.

About six months ahead of your planned mission, collect information about visa procedures and about immunizations and vaccinations required. If your group leader is organizing the visas, make sure that you have all the supporting documentation. This is also a good time to shop for and purchase mission insurance or extra riders to the standard insurance if your mission is sponsoring your insurance.

About two weeks ahead of departure, you want to ensure that your luggage is below the maximum allowable weight for the carrier, and also that you are up-to-date with vaccinations. A couple of days before departure, confirm your flight. The day of departure, ensure that you reach the airport on time!

• 17
  Dec
  2009

• Insurance Covers Crew of Outgoing Vessels

  
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  Author: Blog Writer
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Not all international travel is for leisure, and specialized insurance plans such as marine crew insurance takes care of the insurance needs of the crew of seafaring vessels. These plans are usually available in short-term and long-term versions, with coverage extending to the home country as well.

One such plan is the Global Crew Medical Insurance, offered by the International Medical Group. Rated A (excellent) by A.M. Best and Company, the plan features a lifetime maximum benefit of $5 million, with two plan options: for worldwide coverage, and for worldwide coverage excluding the United States and Canada.

Some of the plan’s highlights include coverage for hospitalization, surgery, consultation, prescription medicines, transplants, and ambulance services. The plan also offers benefits for emergency medical evacuation and $25,000 toward repatriation of remains. Previously existing conditions can be purchased under the Global Crew Medical Insurance plan after 24 months of continuous coverage, and maternity is covered on the purchase of the optional maternity rider.

To be eligible for the plan, you must be a full-time crew on a vessel that is expected to spend a considerable amount of time outside U.S. territorial waters, and you must also be less than 75 years of age.

• 16
  Dec
  2009

• Add to Your ADD for Better Coverage

  
  Filed Under: Blogging
  Author: Blog Writer
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Let’s say you’re the next Pele. Or aiming a bit lower, that your success at your profession depends on your being able to move. Sometimes, international travel health insurance is just not enough. You know that the accidental death or dismemberment benefit of $50,000 will not adequately cover your family.

Fortunately, you can purchase extra insurance in the form of a high-limit ADD insurance policy, which can insure you for up to 10 times your declared annual income. One such plan, the High Limit Accident Insurance plan administered by Petersons International Underwriter, provides that extra coverage with three types of plans.

While the 24-Hour Coverage plan includes coverage for both air travel and travel by common carrier, Common Carrier Coverage and Air Travel-Only Coverage are self-explanatory. Air Travel-Only Coverage includes all certified air transport vehicles, including military air transport.

The benefits of the plan range from Accidental Death only, Accidental Death and Dismemberment, and AD&D and Sudden Cardiac Arrest. The third benefit also provides coverage for death of a plan holder up to 72 hours after the sudden onset of a cardiac arrest, and is available only with the 24-Hour Coverage plan. The plan premium varies by coverage desired.

• 15
  Dec
  2009

• Fly High Around the World, Protected by Insurance

  
  Filed Under: Blogging
  Author: Blog Writer
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International flight insurance, with accidental death and dismemberment benefits, is a cost effective policy that pays you or your beneficiary a fixed sum in case of loss of life or limb in a plane accident. Most flight accident policies cover terrorist attacks, but exclude acts of war.

Benefits are 100% (i.e. equal to the amount insured) for loss of life, and loss of both limbs and eyes. Some plans provide for a reduction in benefits for the loss of one limb or one eye. In case of a fatal flight accident, the policy specifies the time within which, if the body is not found, the claim can be made. Benefits of a typical flight accident policy would extend to medical evacuation, repatriation of remains, emergency reunion, and political evacuation; return of minor child and 24/7 travel assistance services. Policies can be taken trip wise or for a specified period.

Flight accident polices cover you only if you fly commercial airlines. Some policies cover chartered flights and authorized domestic flights too. The flight must be operated by a regularly scheduled airline and flown by a certified commercial pilot.

Some low cost flight accident polices do not include medical benefits like hospitalization, physician visits, and emergency procedures, so you may need to purchase a separate medical insurance policy for those benefits. You can choose from a variety of flight plans such as Travelex Flight Plus, Travel Guard Flight and Liaison Traveler.