Departure Preparations - Travel Insurance

Most traditional insurance companies do not extend coverage to overseas locations, so a supplemental travel insurance policy is highly recommended and can be sourced at a reasonable price.  We researched this topic and recently identified a website that provides convenient side-by-side plan comparisons.  Entering basic information at http://www.insuremytrip.com/ identified InsureAssist as a quality insurance provider to fulfill our needs.    

We secured the InsureAssist TripMed Multi-Trip policy which covers a full year of world travel.  The following convinced us that this was the right plan:

• $500,000 medical coverage cap (many plans cap at $50,000 or $100,000)
• $500,000 emergency medical evacuation cap (more than sufficient)
• A+ rated insurance underwriter – Nationwide (an insurance agency we used in the past)
• Additional coverage for things like trip interruption, lost / delayed baggage, accidental death, etc.
• Very competitive price ($496 total for two people for a full year of coverage)

It should be noted that this policy contains a unique clause limiting each trip outside of the United States (and US territories) to no more than 90 days.  This is not a problem for us; we intend to return home to see family and friends every quarter or so.  While back in the United States, we will be covered by our traditional insurance provider.

It is comforting to know that we will be covered in the event of accident or illness no matter where we are in the world.