Clearly defined limits under fixed benefits coverage. More affordable when compared to comprehensive plans, but with correspondingly less coverage. This works for small ailments, but can be inadequate for major expenses.
Cheapest options in the market definitely more affordable
Fixed benefits plans are have specific benefit limits for different covered medical expenses.These benefit limits are not the same as the plan medical maximum.
A working example of using Global Medical Silver (Offered by IMG) *
Insurance coverage is $5,000,000
Deductible is $250 per certificate period
Your claims for medical expenses is $20,250
Below is a simple calculation showing how much the plan/insurance company pays you:
Subtract the deductible from claims amount - $20,250 minus $250 equals $20,000. Insured bears $250
Global Medical Silver
Amount Insurance Pays
Amount Insured Owes
$1,500 per day
$1,500 per day
What are some insurance terms important in Global Medical Silver Insurance reviews, IMG Global Medical Silver international reviews?
Plan Maximum coverage of Global Medical Silver travel insurance:
This the maximum coverage that the plan would offer for the medical expenses. Global Medical Silver insurance offers plan maximum options of $5,000,000 per individual.
What is a deductible in Global Medical Silver visitors insurance?
This is the initial amount the traveler needs to pay before the insurance actually start paying. Remember higher deductible have less premium than a plan with lower deductible.Global Medical Silver insurance has deductible option from $250 to $10,000 per period of coverage.
What is a provider network of Global Medical Silver Medical Insurance?
It is a network of health care providers. Insurance companies form these in order to control the costs of health care. An insurance plan would pay 100% of the eligible expenses if the insured is admitted to hospital or health care center within the provider network.
Renewability of Global Medical Silver Travel health insurance
Global Medical Silver Insurance can be renewed lifetime.
Eligibility to buy Global Medical Silver Insurance Online
It is eligible for individuals and families of any nationalty.Applicant's age must be between 14 days to 74 years. Travelers aged 75 years and above are not eligible and the coverage will end at 75 years.Worldwide coverage for non US Citizens.
Global Medical Silver Pre-existing conditions for travelers
Global Medical Silver insurance offers Pre-existing condition limitation for $50,000 lifetime maximum; $5,000 per period of coverage after 24 months
Global Medical Silver Insurance underwritten by Sirius International Insurance Corporation and rating "A" (Excellent) by AM Best Rating.
International Medical Group, IMG travel insurance Links