Be it for a vacation or for a business trip, visiting a foreign land is an experience to cherish. There is so much to learn from a visit to a previously unvisited place; the people, their culture, etc. And not to mention flooding your Instagram feed with enticing food pics and sun-kissed travel selfies. However, these trips have their own share of perils. And the biggest scare one might face during a foreign trip is falling seriously ill or getting hospitalized due to a health issue. A travel insurance policy can be helpful in such cases.
Read ahead to know top 7 benefits of travel medical insurance.
A travel medical insurance policy covers expenses related to emergency medical care. A simple incidence of food poisoning has the potential to prove disastrous. In such cases, there might be a need to hospitalize you immediately. No one plans for such incidences and that’s why the emergency care aspect of a travel insurance policy is of great importance.
An emergency situation needs immediate attention but the subsequent treatment might need you to be admitted in a hospital for a prolonged period of time. High medical costs in a foreign country can reduce your bank balance by a huge margin. This is where your travel health insurance policy will cover the expenses related to such prolonged hospitalization. Travel insurance companies have a network of hospitals that provide cashless services. This means you do not have to pay hospital bills as the travel health insurance company settles the same with the hospital.
Some insurance companies also cover the cost of patient transportation from one hospital to another, for checkups, etc. Not just this, travel insurance coverage might also cover transportation expenses of bringing one of your family members from your home country to the host country to be by your side.
4. Repatriation of Remains
In an unfortunate event of death of the insured person, the insurance company shall arrange for the repatriation of remains. The deceased person’s body shall be safely transported to the family members. Funeral-related arrangements can also be done as per the travel insurance coverage.
5. Financial Security
The points mentioned above demand an outflow of funds. Health-related issues can derail your entire travel plan and drain you financially. This is where a comprehensive travel medical insurance policy can be beneficial. It cannot prevent an unfortunate event but can provide the necessary financial support during a medical crisis. Consider purchasing medical travel insurance as a means to achieve financial security.
6. Support System
Handling a medical emergency is not an easy task. It has serious mental repercussions along with the financial blow. Imagine a scenario where you are on a vacation with your spouse and something untoward happens leading to the person’s hospitalization. It will be disorienting to find the way forward out of a labyrinth of emotions running through your head. The travel insurance company can be the support system as it takes care of managing the hassles associated with the insured traveler’s medical issues.
7. Peace of Mind
Who wouldn’t want to travel worry-free? Your folks back home will also breathe easy knowing that you have an extensive travel insurance policy in place to tackle mishaps during a foreign trip. Whether you are traveling to a known destination or an unknown one, accidents can happen anywhere. Therefore, avail a suitable travel insurance policy for your and your family’s peace of mind.
Ensure to read the terms and conditions of the travel insurance policy before purchasing the plan.
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