A Time of Magic

In most cases a general purpose travel insurance policy isn’t worth paying for simply because many of us these days have valuable items specifically insured under our home insurance and often you can find that all your possessions are covered when outside your home. Do check though as it ain’t always the case!

However, what can be worthwhile is a specific travel medical insurance policy. Depending on where you live, you might think that your normal medical insurance will cover you and that’s true but only up to a point. That particular point is usually repatriation which is a major league expense in some cases. Even on fairly short-haul flights within Europe you can be looking at thousands by the time you add in things like medical care during the flight, specialised equipment to be taken with you and, of course, you’re not going to be able to use a discount airline, are you?

Those not living in America also have to consider the potential expense of American medical care which tends to be a special extension to most medical insurance policies and is unlikely to be an option for most normal domestic policies. Even where it is an option you can find that the cover on offer is pitifully small in comparison to the bills that you could find yourself getting.

So, no for a general travel insurance policy, definitely yes for a travel medical insurance one.

Related posts:

1. Supplemental insurance
2. Is travel insurance actually necessary?
3. Do you ever just take an insurance quote because you’re plain worn out looking?
4. Have we seen the end of the jet culture?
5. How specialised does insurance need to be?

This entry was posted on Thursday, January 15th, 2009 at 6:42 pm and is filed under Finance, Miscellaneous. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.