Travel Insurance for Asia – You need Overseas Travel Insurance – Be prepared!
Planning a trip to Japan? China or maybe South Korea? You need Travel Insurance.
You might wonder about some of things that you might want to be covered.
- Medical
- Emergency coverage
- Inpatient care
- Outpatient care
- Liability (in case you cause an accident)
- Life and dismemberment provisions
- Prescription coverage
- Surgery
- Evacuation insurance
It looks kind of scary thinking about it, but it is just like a health insurance policy you would normally buy with a few added benefits. Often you can get policies that will cover all these needed benefits and more. You can compare 100+ policies at one site.
“Most Asian countries have a nationalized health care program, so I don’t need health care insurance, right?”
Japan, for instance, has a national health care system, but you need to be there a full year before you can be covered by their insurance.
During my research I found different “situations” that effect premiums.
- People 80 – 90 have a difficult (but not impossible time finding affordable travel insurance)
- Older travelers pay higher premiums and get more restricted coverage, but these policies often accept clients with pre-existing conditions.
- Insurance companies usually provide coverage for stays longer than 7 days.
- Insurance Companies usually provides coverage for a maximum length of one year.
- Different options may be available from $50,000 to 1,000,000 dollars. (Note: A million can sound like a lot, and it is, but I have heard of a few people burning through a million dollars in coverage in just 10 days)
- Senior travelers over 70 are almost always limited to $20,000 (often $10,000 to $15,000)
- Travel is expensive, but compared to what you get it can be affordable and worth the investment.
Here is one scenario. A couple from the United States, ages 31 and 34 with 2 children (under the age of 12) traveling to Japan with a maximum of $1,000,000 of coverage can expect to pay close to $2,400. Consider though, if the worst happens and you need emergency services. Most certainly that is a cheap price tag.
Squaremouth is a worldwide comparison for travel insurance. In order to get a quote you need to register, but it only take a minute or two. Get a quote and compare different amounts of insurance.
Travel Insurance Review...