A lot of individuals are unfairly limiting themselves because they believe that their pre-existing condition makes them ineligible for travel insurance. The good news is that this simply is not true. A growing number of insurance companies are now offering a variety of policies for individuals with pre-existing medical conditions, though it is important for these individuals to do their research in order to ensure that they receive the coverage they need at a fair price. Rather than you having to spend hours browsing the web, we have compiled a quick list of the most common questions that individuals have about travel insurance.
What Is Considered to Be a Pre-existing Medical Condition?
Each travel insurance company you speak to may have a slightly different description of what a pre-existing medical condition is. Generally, a pre-existing condition is any illness, disease, or injury which exists when you apply for travel insurance, or which existed within a certain amount of years prior to your application. Even if you have been treated and “cleared” of a pre-existing medical condition, depending on how long ago it was, you may still need to purchase additional travel insurance to cover yourself.
What Does it Take to Qualify for Pre-existing Medical Travel Insurance?
As long as your condition is considered to be “stable” by the insurance company, you will likely be eligible for coverage. How each insurance company defines the word “stable” may differ, but individuals must usually meet the following conditions:
- There has been no change in your treatment or medication (including quantity and frequency of taking it);
- You have not received a new diagnosis;
- You are not suffering from any new symptoms, and any existing symptoms are not more frequent or severe than before;
- Your test results reveal no deterioration in your condition;
- You are not waiting for investigative test results; and
- You have not been hospitalised or referred to a specialist for “x” amount of years (the number of years will depend on your condition, age, and the insurance company’s policy)
Does Pre-existing Medical Coverage Cost More?
There is a good chance that if you have a pre-existing medical condition that you will pay more for a policy than someone who has always had a clean bill of health.
Fortunately, those looking for over 50 travel insurance with pre-existing medical conditions now have more options than ever before when it comes to coverage and the cost of their policy. Use online comparison travel insurance sites which specialise in providing medical travel insurance to individuals who are 50 years of age and older to shorten the amount of time you spend searching while also receiving the best results.
Won’t My Credit Card Provider or Employee Benefits Cover Me?
If you have a credit card or have extended benefits through your employer, you likely do have some travel medical coverage. Read and review your policy very carefully, however, as these policies typically do not cover any pre-existing conditions. You may be able to purchase private supplemental coverage.