To be eligible for global health insurance, you must be planning to reside outside of your home country on or before the effective date of your plan (with some exceptions), which is why it is important to start your research early for coverage. Most plans will require that you apply 30 to 45 days prior to departure date. This application time is necessary for the approval process of the insuring company as well as validation of your health condition and any pre-existing conditions. Keep in mind that if you decide to apply earlier or to move the effective date to another time, you may need to provide an updated health declaration and new information from your health care provider to ensure that there is no new health condition that was not included in the initial application.
Living abroad promises exciting challenges and a proper preparation ahead of time will allow for a smooth transition in your host country. With Global Medical Insurance, you can start your new life overseas with increased confidence and peace of mind. Our insurance experts work with multiple carriers and can assist you in finding the insurance plan that will best fit your needs.
Before investing in a global medical insurance plan, make sure it is the right plan for you by assessing the different options available and asking the right questions, such as:
- Is 24-hour emergency assistance available?
- Will you have access to the hospital and doctor of your choice?
- Are pre-existing conditions covered?
- Are direct bill payments and cash advance available for medical costs?
Ensure your insurance plan covers both general heath care visits and prescription medicines. Emergency evacuation, hospitalization, and repatriation are also essential coverage benefits should a medical emergency situation arise while away. Some insurance plans will cover transportation costs to the nearest adequate medical facility or transportation to a hospital back home.