Posts Tagged ‘travel insurance review’

Overseas Travel Insurance – Can Senior Citizens Get Travel Insurance?

The quick answer is Yes!

Seniors can get Overseas Travel Insurance. There are catches though.

Interesting to note however that travelers over the age of 60 is increasing at a steady pace. These vacationers largely include newly retired people who need a break. Many people are fulfilling their dreams of seeing the world. Many older travelers should consider and prepare for these trips by getting travel insurance. 

There are factors that definitely apply, here are some of them:

 - Health condition
 - Activities on your vacation (this would include driving)
 - Length of stay
 - Destination Country
 - Age (almost impossible to get over 90)

What does the typical “senior” overseas travel insurance policy cover?

 - Between $10,000 to $20,000 of health coverage. This coverage includes unexpected illness and accidents.
 - Inpatient and outpatient medical expenses.
 - Medical first aid.
 - Therapy.
 - Diagnostic testing.

Can a senior be covered with a pre-existing condition? Surprisingly, yes! The premium is going to be more costly, because older travelers are more apt to use the insurance.

Where can you get Overseas Travel Insurance? Here is the best resource for Travel Insurance Online.

Travel Insurance Center strives to help give anyone affordable overseas Travel Insurance. You must register first, but it only takes a minute or two. This site is a highly recommended resource for insurance and information in general.
As with any insurance carefully read your policy. Know what is covered, what is excluded and what the limitations are.

You can also try Squaremouth to compare 100+ different plans. Compare travel insuranc providers

Travel Insurance Review...

Travel insurance review – Reasons to have Travel Insurance

Travel Insurance Review – A little reading experience that I had today shocked me when I visited a blog that said people did not need travel insurance when traveling abroad. I am going to give you seven reasons off the top of head why this is not true.

First though, a little background about me. I became a health and life insurance agent in the summer of 2000. I have helped 100′s of clients with the health and Life Insurance needs (Primarily Life Insurance), but I speak with experience.

Here are the seven reasons you need Travel Insurance Overseas (or domestically):

1. You cancel your trip (you will get a refund if you have travel insurance)
2. Lost luggage (this has happened to me 2 times)
3. If there is a provision for health insurance abroad, it is really usually a very small benefit amount. It is rare that there is a provision at all.
4. Destination limitations – Hospitals and medical providers in certain areas of the world will not accept insurance from The United States and parts of Europe. They may not even take credit cards either.
5. Liability – Health care policies in general do not offer this provision.
6. Credit Card policy coverage. Wow big mistake, the terms and conditions on this type of policy are slim at best.
7. Medical Evacuation – Most Health Insurance policies do not cover emergency medical evacuation. This could cost you up to $20,000, depending on where you are when a medical situation pops up.

Always have travel insurance, 99.99% of the time your employer based health will not cover you well enough or at all. Travelers with government insurance need to ask as many question as possible for Medicare/Medicaid.

There was one good point on that blog was this, senior citizens should check with AARP for information about foreign medical care coverage with Medicare supplement plans.

Squaremouth is a wonderful Travel Insurance comparison site. Look at their website; you need to register to get more information, but it only take a minute or two. The resources and information can prove valuable to you.

Here is one more quick and little tip. Always bring your insurance claim form with you when you purchase travel insurance.

I hope you like this little travel insurance review, until next time. If you want to be updated when this blog gets updated fill in the form below. Remember we dislike spam too; we will never give away your private information.

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 Reviews – Healthcare Overseas

Will Your Current Health or Medical Insurance Cover You When You Travel Overseas?

In my travel insurance reviews I like to discuss current topics, so here we go, today’s topic is Health Care (In relation to Travel Insurance). Health Insurance is a touchy subject these days. In fact, today President Obama after a meeting with health care officials declared that our current health care situation is critical. What does this mean? Here are some quick stats.

  - Over half of ALL Americans Do Not have health insurance to begin with.

  - Most have Health insurance plans that as a byproduct can cause them to go into bankruptcy.

  - Healthcare Savings Plans (with a high deductible health insurance plan) can actually save you money here in the United States, but are essentially useless outside of the country.

  - Employer Sponsored Health Care are charging more and offering less coverage.

Now let’s just assume that is you are able to travel overseas, you can afford health insurance. Now let me ask you another question (Remember, nowhere on this site am I trying to sell you travel insurance). Do you think it is better overseas?

Not really, because if you plan on traveling it is an absolute need to have specific insurance to cover you. Here are some of the reasons:

 - Most employer sponsored health insurance will not provide coverage overseas. (Check your policy)

 - Almost 100% of all HMO Health Insurance plan will not cover you when traveling abroad.

 - Depending on the country, government health care programs (Like Medicare) will not cover you even in an emergency.

 - Getting decent health care can be difficult at best, depending on where you are going.

 - Some hospitals don’t take credit cards to cover treatment. Even if they do, will you credit limit be high enough to cover you? DO you really want to put thousands of dollars on your credit card?

 - Some hospitals will not release you until the bill is paid in full or there is a guarantee of payment.

Those are just the major things you need to prepare. You may find it hard to believe that some people just leave all of this to fate. Don’t do that, you could pay dearly if you do.

You can buy travel insurance to cover more than just health. Liability issues are another major concern, but are not the focus of this article. I mention that so that you will be aware. It our sincere hope that these Travel Insurance Reviews help you in your decision making process. We update this site 3 to 5 days a week, so stop back again soon.

Travel Insurance Review – Quick Post

Here are links to a few little tid bits I found today.

• Mutantfrog Travelogue » Blog Archive » Travel time – This entry was posted on Thursday, March 5th, 2009 at 11:32 am and is filed under Personal/Blog News, Philippines, Travel. You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response …

• Travel Resources for Single Seniors : Bizzia – There almost seems to be a surcharge for single travelers, since travel companies charge the same amount for a room or cruise cabin whether one or two persons are occupying it. However, you don’t have to break the budget if you choose …

• Travel insider interview: Trazzler’s Adam Ruger | Travel Blog – Mr … – Bespoke travel and luxury hotel experts Mr & Mrs Smith interview online travel guru Adam Ruger about when, where, how and why he set up interactive travel portal Trazzler.

Hope You enjoy, let me know what you think.