This page is about travel medical insurance for coronavirus, which does not cover canceled trips. For information about trip cancellation insurance and coronavirus, go here.
Travelers who are planning a trip outside their home country, and want insurance to pay expenses in case they get coronavirus.
Travel medical insurance is something you should purchase whenever you leave your home country.
It covers emergency medical expenses from accidents and illnesses, evacuation costs, and acts as a lifeline to call in a foreign country.
Because, when you leave your home country, your health insurance from home might not travel with you. Medicare never covers you abroad. Even if your insurer from home does cover medical costs, there is likely a costly deductible.
Plus, even if your insurance from home covers medical expenses, they won’t cover evacuation costs which could be financially ruining ($100,000).
I always recommend you buy travel medical insurance when you leave your home country. It is very low cost, covers the unexpected, and could save you from financial ruin. Plus, it gives you someone to call to help arrange care and navigate foreign hospitals.
When the COVID-19 outbreak started in early 2020, travel instantly fell by over 90% according to the TSA.
Due to exclusions, purchase dates, travel warnings, pre-existing conditions, and small print…many travelers were left confused about their travel insurance coverage.
It is always better if something is specifically listed in the policy as being covered. This way you are not relying on it “not being excluded” to be covered.
To find a travel medical insurance plan for coronavirus, we need to look at a few criteria:
Rule Out: Any company that specifically excludes pandemics in the policy. Exclusions like this apply to all claims related to the exclusion, so an exclusion for a pandemic would not be covered…no matter the reason.
Next Best: Any company that covers COVID-19 under their standard medical emergency coverage. Remember, travel medical insurance covers sickness, illness, accidents, etc. abroad. This would apply for coverage in the same way as an accidental slip and fall or emergency appendectomy.
However, some companies in this category have limits on coverage depending on when you travel and to which countries. For example: if you travel to a country under a travel advisory due to COVID-19, the claim could be denied.
Best Option: A company that offers “named coverage” for coronavirus. This means not only are they not excluding coronavirus, and not grouping it in with standard medical emergencies, but are specifically listing COVID-19 as being covered.
Currently, there is only one known company offering travel medical insurance with named COVID-19 coverage.
Seven Corners is a company in Carmel, IN that, has specialized in travel medical insurance since 1993.
In early June 2020…Seven Corners introduced a line of insurance plans that have named COVID-19 coverage. This means they actually list coronavirus coverage vs. “not excluding” it.
This plan is the most popular. It is a travel medical insurance plan good for most travelers.
This plan is similar to Liaison Travel Plus, but designed for students and faculty enrolled full-time.
This is an annual insurance plan that covers several trips throughout the year. It is good for those taking several trips outside their home country on an annual basis
It depends. Some companies do not cover you outside your home country. Some companies will cover some medical expenses abroad, but your deductible will apply which can be costly and increase your premium in the future. Medicare will never cover you abroad. Even if your company does cover medical expenses, they would never cover evacuation expenses which can easily cost $50,000-$100,000.
Trip insurance plans include emergency medical coverage, but many exclude any claims related to pandemics. Some plans technically cover COVID-19 but have restrictions based on whether you are traveling to a country with restrictions.
The safest way is to purchase a plan that specifically covers COVID-19 claims. This way you are not relying on dodging loopholes in the policy with exclusions and small print; the policy states it is covered so it is covered.
Disclaimer: The above links to Seven Corners are agency links, meaning I earn a commission when you purchase using that link. This does affect your cost at all. I am a licensed insurance agent, and my business operates by earning these commissions.
Damian Tysdal is the founder of CoverTrip, and is a licensed agent for travel insurance (MA 1883287). He believes travel insurance should be easier to understand, and started the first travel insurance blog in 2006.