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Overseas Insurance

Overseas Insurance is designed for those people who are often travelling outside of their home countries either for business, recreation or personal reasons. Overseas Insurance comes into play to cover unexpected or unplanned expenses which a person faces abroad. If some unforeseen circumstances force a traveler to cancel or interrupt their plans, they face two major financial losses- money invested in non-refundable pre-payments and medical expenses that in many cases may not be covered by an already obtained Health Insurance policy.

The coverages offered by Overseas Insurance consist of emergency medical expenses, emergency medical transportation when ordered by the doctor, reimbursement for accommodation and expenses caused by travel delays, coverage against lost, stolen or damaged baggage and documents. An insurance company also provides a person with trip cancellation coverage for the traveler's vacation investment - the insurance company reimburses the traveler for all pre-paid and non-refundable expenses for a covered loss. One should also take into consideration that the policy does not cover pre-existing ailments and maternity except in cases of life threatening situations until the insured's health is out of danger.