Enjoy your holiday with the peace of mind that you have chosen the right health cover with either a single trip or annual multi trip insurance policy.
Are you planning trip to abroad with your family? It’s essentialy need to protect yourself with insurance plans and policies. Travel insurance can be taken for an international travel as well as domestic travel. Overseas medical and travel insurance can cover your medical expenses, personal accident, trip delays and cancellation, baggage loss, loss of passport and many other risks while travelling abroad. health travel insurance can be bought for a single trip or for multiple trips. We must understand the importance of travel insurance and should remember that travelers who are not covered by any form of travel insurance are personally liable for covering medical and associated costs.
If you fall seriously ill abroad and need hospital treatment, the average cost is now £2,040, up 6.25% year on year, according to research by Sainsbury’s Finance. From an analysis of travel insurance claims, the most expensive country for inpatient treatment is the US, with the average hospital visit costing £6,000 last year, 10% more than in 2008. The next priciest is Thailand at £2,750, followed by the Canary Islands at £2,500. The cheapest country is Bulgaria, with the average visit to hospital costing £500, a 5% increase year on year.
Anyone traveling abroad on holiday should take time to inquire about health insurance coverage abroad. Access to treatment in EU countries (including EEA countries, Iceland, Liechtenstein, Norway) and Switzerland are indicated on the back of the »European Health Insurance Card« and E – Card. The Upper Austrian Health Insurance Company (OÖGKK) recommends that before you travel, inquire as to which doctors and hospitals close to your travel destination accept the European Health Insurance Card. Those who do not accept the card must take into account that fees will have to be paid in cash in advance and then reimbursed in Austria. The OÖGKK can refund up to a maximum of 80 percent of the applied fee in Austria. Medical transfer costs in case of illness cannot be covered by the OÖGKK and it is recommended to purchase additional private insurance. Private insurance also reimburses the difference between bills paid by the patient in cash and amount reimbursed by the OÖGKK.
What your travel insurance policy Plan should cover
- Medical and health cover for an injury or sudden illness abroad
- 24-hour emergency service and assistance
- Personal liability cover in case you’re sued for causing injury or damaging property
- Lost and stolen possessions cover
- Cancellation and curtailment (cutting short your trip) cover
- Extra cover for activities that are commonly excluded from standard policies, such as jet skiing
- The policy should cover the whole time that you’re away. Multi-trip policies may specify a maximum number of days’ travel.
Types of foreign travel insurance
Personal liability insurance: If you accidentally cause an injury to someone or damage their property they may sue you. Good travel insurance will cover you for personal liability.
Personal accident cover – disability and death: Travel insurance can cover a personal accident payment made for permanent disability or death.
Cover for stolen, lost or damaged possessions: Limits for single items such as cameras and jewellery can vary from as little as £250 up to £1000 or more. Check these limits are adequate and realistic. You should report a loss to the Police within 24 hours. Proof of notification will be required when you make your claim.
Lost baggage on flights: Do not rely on compensation from an airline if it loses your luggage. By law, airlines only have to pay a specified minimum value per kilo of lost luggage. This is unlikely to cover the full value of your things.
Legal expenses cover: Taking out legal expenses cover will help you to pursue compensation or damages following personal injury while you’re abroad – very important in countries without a legal aid system.