How Travel Medical Insurance Works

On February 16, 2025 By newsroom Topic: Traveler buyers guide

What is Travel Medical Insurance?

Provides emergency medical expense reimbursement while traveling abroad.
Covers unexpected issues like injuries or illnesses but excludes routine care (e.g., check-ups).
Can include coverage for medical evacuation, accidental death, and family-related benefits.

Key Features

Coverage Examples:
Emergency medical expenses: $50,000 to $2,000,000.
Medical evacuation: $500,000 to unlimited.
Emergency dental: Up to $500-$750.
Family Support: Coverage for a family member's travel/hotel if you are hospitalized.
Exclusions: Typically excludes pandemics, routine care, and travel to "Level 4 Do Not Travel" advisory countries.

Travel Insurance vs. Travel Medical Insurance

| Feature | Travel Medical Insurance | Comprehensive Travel Insurance |
|------------------------------|------------------------------|-------------------------------------|
| Trip cancellation | | |
| Emergency medical evacuation | | |
| Lost luggage | Limited | |
| Rental car coverage | | |

Types of Plans

Primary vs. Secondary Coverage:
Primary: Submit claims directly to the travel medical insurer.
Secondary: File with your primary U.S. health insurance first, even if denied.
Single-Trip vs. Multi-Trip:
Single-Trip: Covers a specific trip; ends upon return.
Multi-Trip: Covers multiple trips annually; requires U.S. health insurance.

How Much Does it Cost?

Medical-only policies: Typically 7% of trip costs, averaging $96 for a policy.
Comprehensive policies cost more (~$400 on average).

When to Consider Travel Medical Insurance

You lack coverage abroad: U.S. health insurance, Medicare, and Medicaid often do not cover international travel.
Your credit card limits are low: Premium cards may offer $2,500-$10,000 in coverage, far less than third-party policies.
Frequent travelers: Multi-trip plans offer ongoing coverage and cost savings.

How to Purchase Travel Medical Insurance

Use comparison platforms like Squaremouth, InsureMyTrip, or Travel Guard.
Customize policies based on trip type, destination, and personal needs.

Final Thoughts

Travel medical insurance ensures financial protection during emergencies abroad. Choose between a stand-alone medical policy or a comprehensive travel insurance plan based on your existing coverage and risk tolerance. Peace of mind starts with understanding your options!