Whether you are a US or a non US citizen international travel insurance plan cover medical expenses, reimbursement of non refundable expenses which occur due to a hotel or flight cancellation, injured travelers evacuation expenses to nearest hospital or their home country etc.
Many medical insurance plans do not allow insurance cover outside US borders and hence it is necessary to take Travel insurance policy cover which provides policy cover even outside the United States. Evacuation is applicable when injured travelers requires urgent medical attention to any nearest hospital or in worst cases send them back to their home country.
Travel insurance are of 2 types, 1) Trip cancellation Insurance & 2) Travel Health Insurance. US citizens can apply for both of the plans while non US citizens can apply only for Travel Health Insurance plan.
The main difference between both the plans is that in case of Trip cancellation insurance policy, plan covers medical expenses, injured travelers evacuation to their home nation, reimbursement of a cancelled trip whereas Travel Health Insurance covers all of these expect reimbursement expenses of a cancelled trip.
For Trip cancellation insurance, US residents can avail medical expenses for a maximum amount of upto $50,000. Trip cancellation reimbursement usually occurs due to unavoidable circumstances such as terrorism, bad weather, death of the insured traveler etc. Pre existing sickness is also covered under both the plans but the policy must be taken 15 days prior to the traveler's first trip overseas.
For international travel insurance both US and non US residents can avail medical expenses from $60,000 upto $1 million, pre existing sickness expense limit upto $20,000 for US citizens and for non US citizens the limit is $3,000 and upto $300,000 for emergency evacuation of a traveler.
Lets us compare the premium for both the plans. For a US traveler whose age is 25 years, premium for Trip cancellation Insurance plan will be $72 for $2,000 trip expenses and valid for 1 month. The same calculation for Travel Health Insurance plan will be $50.40 for a 25 year old US & non US traveler having a policy sum insured for $60,000.
You can find out more about international travel health insurance by visiting the following link.
Many medical insurance plans do not allow insurance cover outside US borders and hence it is necessary to take Travel insurance policy cover which provides policy cover even outside the United States. Evacuation is applicable when injured travelers requires urgent medical attention to any nearest hospital or in worst cases send them back to their home country.
Travel insurance are of 2 types, 1) Trip cancellation Insurance & 2) Travel Health Insurance. US citizens can apply for both of the plans while non US citizens can apply only for Travel Health Insurance plan.
The main difference between both the plans is that in case of Trip cancellation insurance policy, plan covers medical expenses, injured travelers evacuation to their home nation, reimbursement of a cancelled trip whereas Travel Health Insurance covers all of these expect reimbursement expenses of a cancelled trip.
For Trip cancellation insurance, US residents can avail medical expenses for a maximum amount of upto $50,000. Trip cancellation reimbursement usually occurs due to unavoidable circumstances such as terrorism, bad weather, death of the insured traveler etc. Pre existing sickness is also covered under both the plans but the policy must be taken 15 days prior to the traveler's first trip overseas.
For international travel insurance both US and non US residents can avail medical expenses from $60,000 upto $1 million, pre existing sickness expense limit upto $20,000 for US citizens and for non US citizens the limit is $3,000 and upto $300,000 for emergency evacuation of a traveler.
Lets us compare the premium for both the plans. For a US traveler whose age is 25 years, premium for Trip cancellation Insurance plan will be $72 for $2,000 trip expenses and valid for 1 month. The same calculation for Travel Health Insurance plan will be $50.40 for a 25 year old US & non US traveler having a policy sum insured for $60,000.
You can find out more about international travel health insurance by visiting the following link.
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