International Insurance Blog
Wednesday, May 16, 2012
- 17
Dec
2009 -
Insurance Covers Crew of Outgoing Vessels
Filed Under: Blogging
Author: Blog Writer
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.
