Understanding International Health Insurance Plans

From maternity care to tax benefits,
learn more about the importance of applying for a global healthcare plan.

Jun 26, 2024 | By Florence Sutton

Are you planning to visit abroad? If yes, you must consider investing in international health insurance plans that are worth your money. Keeping in mind how unpredictable life can be, medical emergencies can cause potential interruptions during your stay abroad. So, it is always suggested to prepare yourself financially when visiting a foreign land, especially keeping in mind how costly the healthcare system is in foreign countries.

What is an International Health Insurance Plan?

International health insurance plans are healthcare policies that provide you with financial coverage during medical emergencies while you travel overseas. There are no certainties when it comes to health issues, and thus if you are someone who likes to or needs to travel internationally quite often, such plans are a must for you. Keep reading further to find out how you can benefit from global healthcare plans.

When Do You Need an International Health Insurance Plan?

Go through the following points to have an idea of the circumstances when you would require an international health insurance policy:

Mandatory for Some Countries

Some of the countries including 26 European countries, Australia and some places of UAE have mandatory requirements for international travellers to have their health insurance.

Affording International Medical Facilities

It can sometimes be difficult to afford the medical expenses when you are in a foreign land. Thus, having an international healthcare plan can help you avail quality medical treatment on time.

Critical Illness

If you have senior citizens or individuals suffering from chronic diseases travelling internationally with you, you must have a global healthcare plan to have them all covered.

Maternity Care

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You must have an international health insurance plan in case you have a pregnant woman travelling with you so that they can get prompt medical attention whenever necessary.

Emergency Support

It may happen sometimes that you run out of cash or funds when travelling abroad. Having a global healthcare plan can be your financial shield to provide you with support during emergencies.

Based on the Travel Purpose

If you are an adventurous traveller, a businessman or a senior citizen who needs to travel internationally for work or medical treatment, you must have an international healthcare plan.

What are the Benefits of an International Health Insurance Plan?

There are several benefits of having an international health insurance plan. Some of them have been listed below:

Global Coverage

With international health insurance, you do not have to worry about receiving financial support during potential medical emergencies, when you are in a foreign land.

Affordable Policies

There are so many global healthcare policies available in the market to choose from. You can select the ones based on your preferences and pay the premiums accordingly.

Easy Claiming Process

With an easy claiming process, you can claim financial coverage and get it instantly no matter where you are in the world.

Safety Against Potential Emergencies

There can never be any bigger support than the one that enables you to afford medical expenses on time while travelling internationally.

Easily Customisable

The services of global health insurance policies can easily be customised according to your specific healthcare requirements.

Mandatory Requirement

Having a global healthcare plan helps you satisfy one of the eligibility parameters of travelling internationally.

Tax Benefits

You can save substantial funds under Section 80D of the Income Tax Act from your total taxable income.

24 hours Protection

With a promise to have you covered 24 hours, it provides you with a sense of contentment and security, helping you have hassle-free international trips.

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You can also get coverage for hospital expenses if it is due to any health issues related to COVID-19.

What Does an International Health Insurance Plan Cover?

Below are the points that showcase the coverage that an international health insurance plan provides:

Costs of Medical Treatments

You can get financial coverage for all kinds of medical treatments including pre and post-hospitalisation or for the ones that have been approved during purchasing the plan.

Critical Illness

Global healthcare plans provide coverage for chronic health issues like cancer, heart attack etc.

Maternity Care

You can get coverage for medical treatments related to maternity care for pregnant women travelling with you.

Organ Transplant

In rare cases that involve organ transplantation, you can also get financial coverage under your international healthcare policy.

In-Patient Hospitalisation

You will also get coverage for in-patient hospitalisation expenses including room rent, diagnostic tests, OT charges etc.

Ambulance Services

In case you need ambulance trips, you will get it all covered under your global health insurance plans.

Medical Evacuation and Repatriation

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Your international health insurance shall also cover the expenses for medical evacuation or repatriation whenever necessary.

The Bottom Line

Overall, irrespective of the purpose of your travel to international places, you need to consider unpredictable health emergencies. In such scenarios, your international health insurance can come to your rescue, providing you with necessary financial coverage, and saving you from unwanted financial burdens and stress.

To get more information about the health insurance policies that can cover you during your international trips, contact the officials at ACKO.

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