Luxury travellers and high-income expats are taking advantage of what the world of high-end travel and living can offer. This rising group has higher income and spending power and more advanced service expectations. They are expecting a luxury hospitality experience, expensive travel package, special privileges, and glamorous activities. In essence, luxury travelers and high-income expatriates living overseas are willing to spend the most. However, when talking about travel medical and long-term expat health plans, does your insurance policy fit your luxury trip and lifestyle? In this article, we will discuss comprehensive travel medical plans for luxury travellers & expats around the globe.
Travel Medical for Short Term Travels
If you are travelling abroad for a short-term trip up to one year, it is critical to obtain medical and evacuation coverage for your entire trip that will cover emergency illnesses or injuries abroad. You should also maintain your domestic plan as emergency travel insurance plans do not cover you back in your home country. It is essential to read through your travel insurance policy and make sure that your medical conditions and emergencies are covered. For instance, some travel plans may not include medical emergencies. Our firm offers several travel medical plans from various insurers and providers. With IMG Patriot travel insurance coverage, you are covered with trip cancellation, lost baggage, emergency evacuation & repatriation, covering for as short as 15 days to 24 months.
We also offer the more deluxe travel medical plan from BUPA travel insurance via our travel insurance web site. You can be covered for single trips up to one year purchase an annual multi-trip plan for unlimited numbers of trips up to one month per trip.
For adventurous international travellers, Patriot Adventure is designed for them. This is a short-term medical insurance coverage available for both individual and family sports enthusiasts: from 30 days up to six months.
International Health Insurance for High Income Expats
High-income expats often expect a level of coverage and policy service that is a step above what more basic expat health plans will offer. While not wanting to overpay for coverage, these high net worth expats are often sent abroad by large multinationals, choosing to retire overseas or travel for an extended period. They expect a higher level of coverage than the average expatriate.
Some may choose to rely upon the local health plans, but these policies usually do not allow you to access medical treatment at more satisfactory private hospitals and clinics. Also, local plans in many countries may only provide fundamental medical coverage that may not achieve a luxury traveller’s requirements. Even worse, local plans won’t cover you outside the country or allow you to seek treatment abroad. An international health insurance plan will let you select the hospital and doctor world-wide. Most of the plans will let you enjoy direct payment, no need to advance cash payment first.
The cost of international health insurance will vary by plan & insurer. Expat Financial offers several different international health insurance plans for expatriates of any nationality across the world. Our most comprehensive policy is the Cigna Global Health Options plan.
We also offer excellent service before and after you purchase your international health insurance plan. If you have questions about our international medical insurance plans or you want to discuss your needs and produce a customized quote, please contact us or complete the quote form. As noted above, having excellent global medical coverage will not only give you peace of mind but will help you maintain your health.