The Fine Art of Reading the Fine Print-II: Schedule of Benefits

In the previous article, Reading the Fine Print-I, we saw how the policy duration of visitors insurance plans can affect the choice of insurance. Now, let�s look at how reading the Schedule of Benefits carefully and matching it with intended activities is imperative. Let�s say, a lady, Sharon, who is on a visit to the United States, has sustained an arm fracture. She is covered under a visitor health insurance policy, and so she doesn�t worry much. Her boyfriend, Adam, makes a note of the next steps they will need to follow. They call an ambulance, take her to the […]

Read more »

The Fine Art of Reading the Fine Print I: Policy Duration

Before deciding to purchase any visitors health insurance, you must read the fine print thoroughly rather than having a cursory glance at the policy. Let us take the example of Visitors Care insurance provided by International Medical Group (IMG) for an analysis of the Policy Duration clause. The minimum duration of this policy is 5 days. The individual should either be traveling or temporarily residing outside his home country for at least 5 days to be eligible for this policy. Any one policy may not exceed 12 months, but can be renewed for a period of up to 24 months […]

Read more »

Student Premiums Lining College Insurance Profits, Says Study

For students who are puzzled by the high costs of international student insurance plans, a recent report titled, ‘Student Health Program Baseline Report’ released in Massachusetts might offer some light. The report, released by the Division of Health Care Finance and Policy, states that Student Health Programs (SHPs) offered by colleges and universities in Massachusetts have a higher profit margin for their student plans than for plans for the regular public. The report has predictably caused a stir within the student community, as the school-sponsored plans are largely seen as being the top insurance choice, especially for international students. The […]

Read more »

Say Cheese with Confidence after Dental Insurance

One type of insurance for visitors that is often ignored at great peril is USA dental insurance. When visiting the United States, short-term health insurance plans do not cover dental care, unless it is required after an accident. However, dental care can be an important part of a person’s health, especially if the trip is expected to last over six months. For senior citizens and those with a higher incidence of dental problems, it makes sense to purchase dental insurance if their trip will last over three months. Remember that dental care in the United States is expensive. In fact, […]

Read more »

In Uncertain Times, Insurance Saves Cancellation Costs

In these recession-hit uncertain times, when travel across the globe has become necessary to save your business, trip cancellation insurance can save the day, and huge costs too! Let’s say that Chris, a small business owner, needed to travel from the U.S. to Mumbai on 27 Nov 2008 for an important business meeting, crucial to his company’s growth plans. Unfortunately, the previous day saw terrorists attacking a prominent hotel and other places in Mumbai, and India was on tenterhooks. All the airline tickets for Chris and his colleagues had to be cancelled (which were non-refundable), leaving him with a huge […]

Read more »

Massachusetts Immigrant Insurance Hangs in Balance

Immigrant Health Insurance has been a hot topic of debate in Massachusetts. The Patrick Deval-led attempt to introduce universal healthcare for all was met with loud cheers when it was introduced in 2006. The high costs of that plan are now being called into question, as the Massachusetts legislature is facing problems with funding for the plan. The bone of contention is the fate of nearly 30,000 legal immigrants defined as those legally living in the United States for less than five years, but are yet to become citizens who are more expensive to insure. The governor only managed $40 […]

Read more »

Is Multi-Trip Insurance Ideal for All Busy Travelers?

Busy travelers have unique insurance needs. Let’s say a small business owner who recently shifted her manufacturing to China makes several trips to the country. She also needs to visit Europe often for marketing meetings. She doesn’t quite know when she’ll be needed where, and usually has a secretary take care of the travel insurance policy for her. Just on the one trip that she forgets the insurance plan, she falls ill. That burns a huge hole in her pocket. Obviously, there must be a plan for people like her who make frequent trips abroad. There is, in fact, just […]

Read more »

Visiting Parents More Secure with U.S. Insurance

Here’s another real story: Parents of a friend were visiting from India, and a group of them had gone to California. They both had international travel health insurance from a reputed Indian insurance company, and had no previously existing conditions. Little did they know what was in store. They visited Universal Kingdom on July 4, and the crowds and the sun put in extra hours. It was exciting and tiring. Most of them were exhausted, except for my friend’s father, who could not sleep. He had slight tremors, and very soon, the condition went worse, and they had to call […]

Read more »

Game, Set and Match with Travel Sports Insurance

Let’s say you are traveling to the United States to participate in a tennis tournament. It’s bound to be a great event, and U.S. sportsmen are among the best in the world. However, remember that if you get injured, you will need to be covered. Traditional short-term international travel medical insurance may not provide the required benefit. What you need is sports travel insurance. You might want to check whether your current international travel insurance plan offers athletic coverage as optional coverage. This option is ideal for those whose travel to the United States has a significant component of competitive […]

Read more »

Without Insurance, Food Allergies Leave Bad Taste

Sometimes, international travel health insurance can leave a bad taste in your mouth. Let’s say your friend is traveling to Korea. Just as she starts to enjoy the strange culinary delights of the country, all goes downhill. While eating her dessert after a heavy dinner, she is hit by a severe allergic reaction that requires her to be hospitalized. She didn’t know about her allergy, but her international travel health insurance plan does not reimburse her. As a result, she has sworn off travel insurance. Her only complaint is that she had bought insurance for precisely such a situation and […]

Read more »