Summer is here and you may be getting ready for travel and fun.
Will you need comprehensive or medical travel insurance?
Pros for Comprehensive Trip Insurance
Like the name implies, comprehensive trip insurance covers a wide list of events. That includes medical and non-medical issues such as baggage loss and unforeseen medical expenses as well as trip cancellation and sometimes things like loss of your passport.
*covers trip cancellation and/or interruption
*covers medical expense
*can cover evacuation
*some packages can serve as your primary health coverage while traveling
For travelers who only want medical coverage, comprehensive insurance will feel like excess. This can include anyone traveling on a short, domestic flight with no baggage and during summer when flights are less likely to be delayed or canceled due to bad weather.
The Pros & Cons of Buying Medical Trip Insurance
You may want to pass on the comprehensive plan and just buy travel medical insurance. Before you buy anything, find out whether you're already covered with your existing medical insurer. Some plans do and others don't, but Medicarenever covers you overseas.
Even if you already have coverage through your existing plan, it may be a good idea to think about buying a travel medical policy for your trip. Supplemental insurance can pick up where your regular insurance leaves off.
*if you're onMedicaid, it offers a way to get coverage while traveling
*many pre-existing conditions are covered
*for frequent travelers, multi trip policies can save you money
*travel medical insurance is more costly after you reach the age of 50
*if you travel to an at-risk country for which the US State Department has issued a warning, you may not be covered unless you buy supplemental coverage
*may not cover you if you participate in an activity which your insurer feels is dangerous or unwise
*if you plan to participate in extreme sports, you will have to purchase an adventure-sports upgrade
We want you to have safe and healthy vacation.