Is Travel Insurance and Emergency MedEvac coverage worth the investment?
Travel insurance can be obtained for a variety of reasons, including coverage in the event your trip is cancelled or interrupted, or in case your luggage is lost or stolen. Emergency medical insurance coverage is also available and should be purchased by every traveler leaving the country. This type of policy is usually inexpensive, and while serious illness or injury is unlikely to happen, the costs of emergency medical treatment abroad or an emergency flight back to the U. S. can be substantial. As an example, should a traveling executive have an illness or injury, his or her company may have to spend up to $30,000 to airlift the patient to another country that has adequate medical care, or back to the United States should extensive treatment be required. If you are traveling for pleasure, rather than business, you may not be able to afford the cost to evacuate yourself to an area with high quality health care. While your current health insurance policy may provide some coverage for
