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Car Rental Safety During Traveling
What do I need to do before I leave the rental lot?
You're in a big hurry now that you're got the car, but take a
few minutes to familiarize yourself with this new car. Check the
car for interior or exterior damage. Find the lights,...
Travel and Health
Maintaining Good Health While Traveling
Imagine planning a trip weeks or maybe months in advance and
when the time comes that one gets to actually travel, for some
reason, one gets sick along the way and instead of enjoying the
trip seeing...
Travel Connections - Stay in Touch
Travel connections with home are easier than ever. New calling cards, cell-phones, e-mail, satelite phones, and better phone lines everywhere are making it a smaller world. Here are some suggestions on how you can stay in touch - when you want to. ...
Traveling and Playing Golf Today
Taking the family out for a holiday and you play golf!
If you're a golf enthusiast, you will know that golf is all about who you play golf with and where you play golf. It makes a world of difference! In fact, it's a good idea for you to take your...
Traveling in Germany
When deciding to take a vacation to a western country, I
recommend Germany. It has various landscapes and very nice small
towns and big cities.
This country is, of course, to big to travel all at one time but
with a trip of about one month,...
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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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