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Costa Rica Travel Packages
Located in southern Central America, Costa Rica is surrounded by three different bodies of water including the Panama Canal on the southeast, the Pacific Ocean on the southwest and west and the Caribbean Ocean on the east. Because of Costa...
Four Ways to Free/Low Cost Travel
1. Free lodging!
Find a pen friend. Maybe you haven’t thought of this. It’s the best solution to your budget problems, but you can’t have it overnight! Greek people are hospitable and so are other countries’ people if you become friends with....
Luggage Tips For Air Travel
The Guide to Lightening the Travel Load
Traveling with light luggage has been a common rule known to
many travelers. It is a very common, and simple, guide yet it
still remains as the most violated one. Didn't they say that the
simplest...
Reservation Tips For Hassle Free Travel
TRAVEL RESERVATION TIPS FOR A HASSLE-FREE TRIP
Start with the basics. Anyone who wants to enjoy a hassle-free
trip has to start with the basic concern of any traveler - how
to handle travel reservations. Here are a number of tips that
may...
Traveling with Babies & Toddlers
You may be surprised at how often babies will sleep to & from the destination. Be sure to have their favorite stuffed animal ready & blanket for the trip (also a pacifier & bottle if the child is young enough). For babies & toddlers, bring along...
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International Travel and Health Insurance
Embarking on Your Dream Vacation
Are your Plans Complete?
Your bags are packed, passport and papers in order and you couldn’t be in a higher state of excitement preparing for travel to that wonderful, exotic location. This is the vacation you have planned it seems forever. As you sit on the plane, you and your partner discuss for the hundredth time the scuba diving you will do, the awesome rock climbing and hikes into the rain forest. Everything is perfect!
Life seldom gets better than this.
Despite all the excitement of travel, Americans do have some concerns.
According to a survey by the Chubb Group, more than 70% of Americans surveyed said their greatest concern when traveling is suffering a medical emergency...more than double the fear of being mugged (30.7%), three times the fear of being injured in a terrorist attack (23.4%).
What happens if a medical emergency arises when traveling overseas?
Many people assume that while they are out of the U.S. or Canada they will be covered by their standard medical plan. However, most traditional health insurance plans are not designed for international travel.
According to the U.S. Department of Commerce, approximately 27 million travelers board U.S. airlines for overseas destinations and almost 26
million foreign travelers come to the U.S. each year. However, many are not prepared for a medical emergency abroad.
Most traditional health insurance plans would not cover an unexpected illness or injury during international travel. But travelers with international medical insurance would have protection for scenarios ranging from a local ambulance trip to an emergency evacuation for care at the nearest qualified medical facility. Some even offer repatriation flights out of the country where the traveler is located back to the US.
Available plans can cover individuals or groups for specific periods of time abroad and can be in effect should they be stationed abroad for an extended period of time. There are policies for corporations to insure their personnel, plans to cover missionaries who are on an outreach program and for those participating in extreme sports. International travel medical insurance should be considered for anyone traveling or living abroad.
©David M. Schmader, Solon, Ohio January, 2005
www.brownschmader.com
About the Author
David Schmader is an independent broker agent located in the Cleveland Ohio suburb of Solon, Ohio. With over 25 years of corporate finance experience he specializes in serving the individual, professional and small business markets.
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