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WorldMed Insurance
WorldMed insurance is designed for people who are living or traveling outside their home country from one month to three years, providing high limit illness and accident expense protection at a reasonable cost. WorldMed also provides you with 24-hour access to emergency assistance services through AIG Assist. WorldMed™ medical insurance is one of the few plans offering $100K coverage for ages 70-79.
| Policy Maximum |
WorldMed™ insurance provides a Policy Maximum of up to US$1,000,000 for medical expenses. The Maximum benefit for age 70 - 79 is $100,000. The Maximum benefit for age 80+ is $15,000. |
| Deductible |
$500, $1,000 or $2,500 Annual Deductible Per Confirmation |
| Co-insurance |
- Outside the U.S. and Canada:
The policy pays 80% of eligible expenses up to $5000 annually, then 100% up to the policy maximum
- In USA:
The policy pays 80% of eligible expenses up to $5000 annually, then 100% up to the policy maximum
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| Coverage Options |
One can select from two plan options: Plan A $500K coverage Plan B $1Million coverage. Optional Recreational Hazardous Activity coverage can be added |
| Plan Life |
Coverage From 1 Month to 3 Years |
| Underwriter |
WorldMed™ insurance is underwritten by The Insurance Company of the State of Pennsylvania |
| Claims Administrator |
WorldMed™ insurance is administered by AIG Life Insurance Company |
Eligibility:
Coverage is available to individuals traveling outside their home country or country of residence, and to dependent children (age 14 days through 18 years) traveling with the insured. Coverage is available from one month to 12 months per Enrollment, and renewable under the same confirmation for up to a total of 36 consecutive months. Coverage in the US is not available for Green Card holders.
Coverage will begin at 12:01 A.M on the latest of the following:
- Your departure from your Home Country or Country of Residence; or
- The date after the Insured Person's completed enrollment form and correct premiums are postmarked to Travel Insurance Services; or
- The requested defective date on the Enrollment Form.
Coverage will end on the earliest of the following:
- Your return to your Home Country or Country of Residence; or
- Twelve months after the effective date of coverage; or
- The requested termination date on the Insured Person's Enrollment Form for which premium has been paid.
Plan Benefits:
WorldMed™ visitor insurance offers a broad range of benefits including:
- Medical Expense Benefit
- Emergency Medic al Evacuation
- Accidental Death & Dismemberment
- Repatriation of Remains
- Emergency Reunion
- Lost Baggage
- Trip Interruption
- Emergency Travelers Assistance
Remarks:
- PPO Network: 24 hour emergency assistance services are available through AIGAssist. You can receive referrals for doctors and hospitals. WorldMed follows the Multiplan PPO
- Renewal: WorldMed™ visitor insurance plan can be renewed online up to 36 months for continuous coverage.
- Cancellation: Cancellations with refunds (less a cancellation fee) are available only if a written request is made prior to the start of the plan. No refunds are available after the start of the plan.
- WorldMed Insurance: WorldMed Medical Insurance is a dedicated website for visitor medical insurance plans designed for US visitors as well as those traveling outside of USA.
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