International Business Health Insurance for Corporate Travel
If your business travel takes you abroad, you definitely need international health insurance.
As global business and trade increase, the opportunities for employees to work overseas are also increasing. In addition, many entrepreneurs are looking to capitalize on growth opportunities in overseas markets. If you travel internationally for business, don’t overlook your insurance needs. Having an international business health insurance plan will protect your most precious asset — your health.
Whether you are traveling overseas for work or sending employees abroad, ask yourself: “What happens in a medical emergency?” Do you and your employees have international medical and evacuation coverage overseas? For example, most domestic insurance plans have very spotty coverage for emergencies in a foreign country. If they do provide coverage, it is likely only for in-hospital care and won’t cover the cost of evacuation or repatriation of remains.
Emergencies can happen. Protect yourself and your employees.
As a business traveler in a foreign country, make sure you are adequately covered for a medical emergency. From a car accident on the way to the hotel, to a sudden heart attack or stroke, we never know when a health emergency might occur. Even a simple fall on an icy sidewalk can land you in the emergency room. If your employer is sending you abroad, it should be their responsibility to provide you with insurance coverage in the country where you are working. Likewise, if you are the employer sending employees abroad, at the very least you want to cover your assets by insuring employees working overseas. Health coverage is important, even for a short business trip.
It’s more affordable than you think.
International health insurance is very affordable. It can cost as little as $50 for a 55-year-old business person on a 10-day trip. A multi-trip plan, for trips up to 70 days and valid all year, is about $220. This is a great deal and provides excellent health coverage. Both plans can cover travelers with pre-existing conditions.
Click below to check out the short- and long-term plans from GeoBlue, especially their corporate plan designed for businesses sending employees abroad.
If you need help selecting a plan, you can also contact me at HealthIsInternational.com. Just send me a few brief details and I can help you find a plan custom suited to your needs.