• International Insurance Blog

  • Friday, February 23, 2018

One man's holiday season is another man's hectic work season. When the whole world is in the holiday mood, there is one set of people who work harder than usual. I am talking about the marine yacht crew members who strive to keep the standards of service higher than ever during this season. It is hard enough to keep working when the rest of us are having fun. Add to that, they also find it difficult to get a good marine yacht crew insurance.

They need a comprehensive, yet portable insurance plan that is flexible enough to accommodate their unique requirements. The benefits offered by the policy need to be tailored according to their needs and cover them wherever their travels take them.

Their assignments vary with time - they could be on the ships for a short duration or for a longer time (some times stretching up to six months). Travels might take them across borders faster and more frequently than any other individuals.

It is advisable to buy a good international medical insurance policy before getting on that ship. Make sure that if you are taken ill this holiday season, it is not remembered as a month of mounting medical costs.
With the holiday season beckoning, almost everyone is planning their travel. Waiting for that elusive holiday deal on air tickets and hotels, buying gifts, calling people, so much seems to be happening. In all the hurry, do not forget to buy a good international health insurance policy if you are traveling abroad. Holiday season also happens to be statistically one of the major periods requiring health care. It is best to stay covered during the time.

Another area of concern that you need to keep in mind if you are traveling by air is that chances of losing your baggage are pretty high just about now. Statistically, the are more lost baggage claims filed during these two months than in any other period of the year. It makes sense to buy an international travel insurance policy that comes with trip cancellation and lost baggage benefits.

The holiday season is meant to be time spent peacefully with your family and the last thing you want to do is worry about your lost luggage, or a cancelled/interrupted trip or escalating medical bills. Taking a chance and hoping nothing will go wrong might just not be worth it.
One of the most searched destinations on Internet to travel by a cruise is the Caribbean Islands. The most frequently asked question regarding this destination is "What is the best time to travel there?". The answer depends on who you ask the question to and what definition of "best" you are interested in. But, one thing is for sure, every travel agent will urge you to buy a good international travel insurance policy before getting on the ship.

If by "best", you mean most economical tickets, it is advisable to travel in the August to November period. It being the off-season, the tickets tend to be cheaper. Watch out for promos and offers, they can cut the costs too. But beware, for the ship may be quite crowded.

However, if by "best" you mean a lesser crowd and more privacy, be prepared to have a bigger budget. Summer is costlier, as many people prefer to experience the beaches for sun-tanning during that season.

One way or the other, it is imperative to buy an international medical insurance policy while traveling. It helps you if you fall sick, and also keeps you from worrying about exorbitant medical bills. After all, a good travel package should come bundled with peace of mind too.
Everyone (well, almost everyone) who has a domestic health insurance policy covering medical expenditures is aware of this: the coverage stops at the American borders. When traveling overseas people have to buy a international travel insurance to cover any medical emergencies occurring abroad.

Even with the proposed changes in the universal health insurance bill, this fact is unlikely to change. That is, your domestic insurer will still not pay a cent for anything spent outside. However, some groups are raising their voices against this policy.

When the bill can set a lofty goal of health care for everyone, people are asking, why not health care everywhere too? After all, health care is among the costliest in the US, and anyone seeking care outside the borders will actually be doing the insurer a favor by filing a smaller claim.

However, as this proposed change to cover international claims is unlikely to be incorporated in the current bill, it makes sense to not take a chance while traveling internationally. If staying for an extended period of time in a foreign country, it is always advisable to buy international medical insurance.
One frequently asked question in connection with international travel health insurance is this: If medical care is most expensive in the United States, I know I’ll probably be paying less when I get treated abroad anyway. Why should I even bother with travel insurance?

The answer lies in the very nature of a travel health insurance policy. No one expects to break the bank for a visit to the doctor because of a common cold, and you can manage that without insurance. Travel insurance is meant for sudden conditions that result in major unforeseen expenses. When abroad, there are several illnesses and conditions that might rear their ugly heads, some of them costing thousands of dollars to treat. If the condition is not treatable at the local hospital, then insurance will provide for your medical evacuation as well.

For example, if an uninsured traveler to Singapore is in a car accident, major surgery and other expenses will be involved. The trip will likely have to be postponed, and expenses related to the cancellation of tickets and hotel rooms will also have to borne by the traveler.

In this situation, international travel insurance can help protect the plan holder against a big hole in the pocket. It is, however, a good idea to find out how expensive medical care is in your destination country, in order to determine the level of coverage and deductible to choose. Traveling without insurance, however, is not an idea worth considering.
While most international travel insurance plans are short-term plans, long-term plans are useful for specific kinds of travelers. We looked at short-term insurance in the article, "The Long and Short of International Insurance-I." Long-term insurance plans, on the other hand, are meant for people with longer stays in a foreign country, and usually provide more coverage.

Long-term international insurance can usually be purchased for durations over three months. Since it is meant for a longer term, people who avail of this type of insurance are typically those taking longer trips, or expatriates. Some international student insurance plans also come under long-term international insurance.

Some of the additional benefits that long-term insurance offers include maternity, and some coverage for pre-existing conditions, typically after one year of continuous coverage. Plans also offer eye and dental care. These benefits are in addition to the usual coverage: inpatient and outpatient care, emergency care, accidental death and dismemberment, and repatriation of remains.

Whether you choose long-term insurance or short-term insurance depends on many factors--prime among them being the duration of your travel, and the type of travel that you will be undertaking. As a general rule, if you're thinking in terms of "visiting" a country, short-term insurance will probably suffice, and if you are thinking of "living in" a country, then you're probably looking for long-term insurance.

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International Medical Insurance - Short Term
International Health Insurance - Long Term
Trip Cancellation Insurance


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