Travel insurance for a year

When it comes to travel insurance for a year, the situation with the issuance of a visa for multiple entry to the destination country is more likely. In this case, it is logical to issue a policy for such a long period.

Another option is to stay in a foreign country for the purpose of studying. In any case, you should take care of issuing a policy in advance.

The meaning of travel insurance

If in your home country the cost of visiting doctors is clear and predictable, then abroad a traveler may be forced to pay quite significant bills.

Having a travel insurance policy eliminates the need for medical expenses, shifting them onto the company's shoulders - provided that the rules of conduct are followed.

Basic medical services are paid for first. If desired, the following events can be included in the policy:

• loss or delay of luggage;     
• delay or cancellation of flight;     
• allergic reaction;     
• active sports.      

If a certain event occurs during your stay abroad but is not included in the policy, compensation for it will not be paid.

How much does the policy cost?

Provided that the duration of your stay in a foreign country is known and is 12 months, the cost of the final product will depend on:

• the number of included cases;    
• country of destination.      

Being insured in Japan, Korea or the USA (there are a number of other countries) costs more than if the insurance was issued for a stay in the Schengen countries.

The cost is calculated automatically based on the data entered into the program.

Document registration methods

Annual insurance for those traveling abroad can be issued both in the office and online. If the first option is better for people who want to discuss a specific case with a specialist, the second option is indispensable for busy travelers who value their time. The legal force of the electronic and paper versions of the policy is identical.

Rules of conduct

The occurrence of an insured event must be accompanied by a preliminary call from a specialist who will indicate the specific clinic to contact. The traveler must call there and schedule a visit. Alternatively, the insurance agent can conduct the necessary negotiations with the medical institution himself.

The preliminary call can be refused only if the state of health has deteriorated so sharply that delaying the provision of assistance may become life-threatening. In this case, the insurance agent should be informed immediately after the provision of medical services.

Failure to comply with this rule may result in the company's refusal to pay compensation under the policy.