As health care costs in the U.S. and Canada continue to rise, some people are seeking medical care abroad – as medical tourists. This type of travel insurance protects medical tourists from unexpected financial losses on a covered trip.
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What makes medical tourism travel insurance unique?
Why would you need this type of travel insurance?
What coverage is included in medical tourism travel insurance?
Who should buy this travel insurance?
How much does this travel insurance cost?
Where should you buy this travel insurance?
Which companies offer medical tourism travel insurance plans?
A growing number of people are seeking medical care outside the borders in countries such as Thailand, Singapore, Malaysia, India, and others. In most cases, the traveler has pre-paid for their medical treatment, but if they experience medical complications, or have to cancel their trip, this coverage will help them recover their costs and avoid unexpected high medical expenses.
Only a single plan offers medical tourism travel coverage and that plan includes:
Travelers like these should purchase medical tourism travel insurance:
Medical Tourism insurance is highly unique travel insurance and the factors that affect cost are varied. The factors that affect premium cost include:
For a medical tourism trip with these costs:
The premium would be $466.
You have two options for buying travel insurance – the best option is to compare plans from all companies, get quotes, and purchase your travel insurance plan online:
All travel insurance companies include a free look period with a refund that lets you review the plan documentation. If you decide you need something a little different, you can make changes to your policy or cancel it for a refund (minus a small fee).
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.