Posted by janedant
on Thursday, February 17, 2011
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A very informative post by David Deverson
Many international companies at times require some of their staff to relocate to foreign countries to head or manage the other branches there. This may be on a short to long term basis. Short term can be 2 weeks or less, medium term - up to six months, while long term can be from 6 months to several years. Most insurance policies in one’s home country do not cover you while abroad.
This is where the expat insurance cover comes in very handy to ensure that you can get proper health care while abroad and even cover for return trips in case of health emergencies. This expat travel insurance cover is not only meant for company employees but also for self employed persons who travel to foreign lands to provide their expertise or for business reasons.
As the aforementioned international companies strive to establish their presence on the global front, there is need for their expatriate employees to quickly adapt to the new environments as quickly as possible.
Posted by janedant
on Thursday, February 10, 2011
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It would be nice if you could leave home and not worry about medical problems when you are traveling overseas. Unfortunately, however accidents and illnesses do occur during business and vacation trips.
Even more unfortunately, medical evacuation and repatriation is not covered by most health or medical policies if you are injured or become sick while abroad.
"It is bad enough to encounter a medical emergency or suffer an accident when you are home. It is even worse when you are traveling overseas," notes Mr. Joseph Griffin, Chairman and CEO, GlobalHealth International Group. "In addition to the stress of a dealing with an emergency while away from home, travellers may also be forced to deal with language barriers, different customers, and inadequate medical facilities."
Posted by janedant
on Sunday, December 27, 2009
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If you choose to live away from your home country, it is vital that you get expat health insurance. Too many individuals have encountered problems abroad, then regretting not having ample support from their place of origin. There are a variety of premiums available specifically for the traveling individual. Here are some helpful tips on how to stay secure when going away.
Initial Steps to Take
Always stay safe when traveling abroad by keeping your documents in check and having the right resource persons or agencies ready during cases of emergency. The emergency assistance service is responsible for authorizing major health service provision and the conduction of tests even after your condition is already stable.
The claims should be covered by your chosen insurance company. Prepare the name and telephone number of your doctor and carry it with you at all times. You also have to prepare and constantly secure a list of your medications and serious conditions together with prescription notes. When you are traveling to third world countries, bring a copy of your prescription just in case customs ask for it.
Posted by janedant
on Wednesday, December 2, 2009
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Expats in Russia experience difficulty enrolling their children in local schools, but find it easy to integrate into the community, it has been claimed.
Such are the findings of the latest HSBC Expat Experience survey, which offers an extensive insight into what life is like for expats living all over the world.
While Canada, Australia and Thailand all fared well in the survey, Russia lost out in areas such as access to healthcare, schools and local amenities and utilities. Such figures may encourage potential emigres to check their expat health insurance cover before leaving the country.
The country was placed two points from bottom in the 26-country league table in overall quality of life, although it did score highly in terms of community integration and offering a friendly environment for expats.
Posted by janedant
on Monday, October 26, 2009
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With health insurance reform in the spotlight, the US TravelInsurance Association (USTiA) suggests that travelers become aware of their health care benefits or insurance plans for expats available while overseas.
A survey commissioned by UStiA concluded that traditional domestic health insurance plans typically limit coverage for out of country medical expenses to emergency-related costs; have high deductibles and co-pays for emergency treatment abroad; and don't cover out-of-country emergency medical transportation in cases of life threatening illness where medical evacuation may be required.
Additionally, 50 percent of Medicare recipients may not be covered abroad, the study revealed. And, when covered, benefits are normally limited to 80 percent of emergency treatment costs, with a $250 deductible.
Posted by janedant
on Monday, October 5, 2009
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Isn't it time you choose financial freedom?
Personal liability insurance, also referred to as personal umbrella insurance, is another product we use to keep our assets in tact. Since we live in a litigious society, we believe that it's a good strategy to have an insurance policy that can withstand a financial blunder caused by a lawsuit.
What is personal liability insurance?
Your homeowner's and auto insurance policies have added liability protection within their contracts. If you are found negligent in a situation where someone was injured, your liability protection will pay for things like personal medical bills, rehabilitation, lost wages, etc.
However, the coverage amounts are relatively low and can be quickly exhausted depending on the severity of the other party's injuries.
Protection from a personal liability umbrella insurance policy will trigger once the liability protection from your other policies are no longer sufficient. It gives you and your assets added protection.
Posted by janedant
on Tuesday, September 22, 2009
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DUBAI — Filipino expatriates will soon be covered by a mandatory insurance scheme that will see them through the hassles of litigation and repatriation expenses if they run away or file cases in their host country against their employers.
Philippine Senator Jinggoy Estrada, son of former President Erap Estrada and chairman of the Labor and Employment Committee in the Senate, told runaway helpers at the Philippine Overseas Labor Office (POLO) in Deira that the proposed legislation will be treated in the bicameral committee session by Wednesday, September 24, the last step for it to be passed into a law.
Senator Jinggoy said the ongoing insurance provision will amend Section 10-A of the Migrant Workers Act, which provides only an option for the recruitment agency sending the overseas Filipino workers to cover him with insurance. “Once the amendment is passed, all manpower recruitment agencies in the Philippines are required to purchase an insurance coverage for the worker, which will underwrite any litigation expenses in court and his repatriation if he runs away as a result of maltreatment, violation of labour contract, physical and verbal abuse,” he said.
Posted by janedant
on Thursday, August 13, 2009
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If you have found a job in the Gulf and are looking to relocate soon, there would be many things that you need to sort out before you pack your bags and board a flight to the Gulf. Apart from your accommodation and family needs there, you would also need to look at one of the most important concerns of expatriates- healthcare insurance. A good healthcare insurance scheme is a must when you move to the Gulf. While there have been efforts to make healthcare insurance compulsory for all expatriates coming in to the region for Gulf jobs, there are still some hurdles that one might experience. Continue reading
If you choose to live away from your home country, it is vital that you get insurance plan for expats. Too many individuals have encountered problems abroad, then regretting not having ample support from their place of origin. There are a variety of premiums available specifically for the traveling individual. Here are some helpful tips on how to stay secure when going away.
Initial Steps to Take
Always stay safe when traveling abroad by keeping your documents in check and having the right resource persons or agencies ready during cases of emergency. The emergency assistance service is responsible for authorizing major health service provision and the conduction of tests even after your condition is already stable.
The claims should be covered by your chosen insurance company. Prepare the name and telephone number of your doctor and carry it with you at all times. You also have to prepare and constantly secure a list of your medications and serious conditions together with prescription notes. When you are traveling to third world countries, bring a copy of your prescription just in case customs ask for it. continue reading
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