Many people tend to travel out of the country several times a year. This may be for business purposes, they may be retired and have a lot of extra time, or they may just simply choose to take several weekend trips across the border. In any event, the more often a person travels, the higher the risk of being injured or getting sick.
Although a person may have a health insurance plan in place, there is a chance that the insurance company will not extend these coverages if you are out of the country. Even the smallest of medical emergencies can end up costing hundreds or even thousands of dollars.
Insurance companies offer a choice for travellers, who fit the above criteria, of purchasing multi-trip travel insurance. This extends coverage for several different trips within a year, and is much less expensive than purchasing insurance each time they travel.
The same coverages apply as with a single trip travel insurance policy, but the insured doesn’t have to worry about purchasing a new policy every single time they leave the country. This is especially beneficial to those who chose to travel at the spur of the moment. They do not need to advise their insurance company that they are leaving; they are automatically covered.
Travel insurance gives travellers peace of mind while they are away from home. This way, they can sit on the beach and relax without having to worry about paying for medical expenses. A vacation is supposed to be a time for relaxation, enjoyment, pleasure, and escape from the everyday burdens of life.
Of course, as with any insurance policy, there are exclusions to keep in mind. If an insured finds himself or herself in one of these situations, he or she may be denied coverage and have to pay out of pocket. Such situations include:
• Travelling against the government’s recommendation. If there is a medical emergency – for example, a cholera outbreak, and the government has advised citizens not to travel to the affected area. If a person decides to travel and contracts cholera, they will not be covered.
• If the insured is injured while committing crime.
• If the insured commits or attempts to commit suicide.
• If the insured participates in certain activities, such as professional sport, competitions, or speed races and is injured or killed.
• If the insured seeks medical attention or is injured due to a mental or nervous disorder he or she suffers from.
Travel insurance is designed only to cover any sudden and accidental injuries, sicknesses, or death. It is not to be used to cover ongoing treatment, or cosmetic medical services.