• International Insurance Blog

  • Thursday, July 27, 2017

Q: What is the difference between a Fixed Benefit and Comprehensive international medical insurance plans?

A: Fixed Benefit plans usually offer coverage at the lowest cost. These plans offer coverage with limits on the amount paid for each medical service. The benefit limits are pre-set for each service, Eg some plans may limit payments for doctor visits to $55, hospital charges to $1500 per day. This is the amount the insurance will pay for covered expenses, any difference between the actual charges and the covered amount must be paid by the insured.

Comprehensive Plans offer coverage without sublimits for each medical expense. The Policy Maximum limit is the limit for all the allowed expenses combined. If a plan has a policy maximum of $50,000 that is the maximum amount that will be paid for all expenses combined. Comprehensive plans may have a co pay percentage and deductibles that require payment contributions from the insured but these expenses are fixed and known.

Q: What is the definition of a pre-existing Medical Condition?

A: A pre-existing condition is defined as any injury, illness, sickness, disease, or other physical, medical, mental or nervous condition, disorder or ailment that existed at the time of application or during the past duration (specified by each insurance plan) prior to the effective date of the insurance, including any subsequent, chronic or recurring complications or consequences related to thereto or arising there from. Each plan has it own definition of a Pre exiting condition. It is a good practice to review the brochure for the plan of interest.

Q: How are the international insurance companies rated?

A: The international insurance companies ratings are done by an independent rating company A.M.Best rating. On our site, after you get a quote each insurance company rating is displayed for each plan. Insurance companies rating are also displayed in the brochures.

Q: Will the plans cover Trip Cancellation? Will plans cover baggage loss?

A: Yes most of international travel insurance policies have trip cancellation Baggage loss and Emergency Repatriation. Pre existing condition can be covered if plans are purchased with in the stipulated time after the intial payment.

Q: What International Travel Medical Insurance? Why international travel medical insurance?

A: International Travel Medical Insurance provides health insurance coverage for travelers outside their home country or country of citizenship. This coverage includes emergency medical expenses, emergency medical evacuation, repatriation, return of dependent children, bedside lodging, accidental death, cost of return flight, and more. All travels to Schengen countries need international travel medical insurance. While the regular domestic private insurance or government sponsored health insurance programs may offer comprehensive coverage in your home country, few are designed for international travelers or expatriates. Even programs that cover international travel often provide limited benefits that do not normally cover medically supervised emergency evacuation, emergency reunion, or repatriation.

Q: Is trip cancellation due to death of a non traveling family member covered?

A: Yes, most of the trip cancellation package policies provide cancellation of trip due death in family even if the family member is non-traveling requiring you to stay home. Most trip insurance cover death in family or illness in family.

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

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