Traveling abroad, whether for business, leisure, education, or employment, brings excitement and new opportunities. However, it also comes with risks and uncertainties such as medical emergencies, and accidents. For Bangladeshi travelers, having a Travel Health Insurance Policy is a prudent step to ensure peace of mind during international journeys.
What is an Overseas Mediclaim Policy?
An Overseas Mediclaim Policy is a standard travel health insurance policy, which provides coverage for unforeseen events during international travel. This includes medical emergencies, such as accidental injuries, illnesses, dental pain, etc. It also covers emergency medical transport in foreign land, and repatriation (of mortal remains). Overseas Mediclaim Policy for Business & Holiday tour covers up to $50,000 expenses (or Euro 30,000 for Schengen countries) in respect of the traveler that includes medical emergencies, transport, and repatriation/local burial/cremation. The coverage amount may increase to $75,000/$100,000 (or Euro equivalent) if the purpose of travel is employment or study.
For Bangladeshi nationals, this insurance is not only a safety net but also often a visa requirement for many countries as all Schengen countries (and some other non-Schengen countirs as well) require a travel health insurance during the visa application.
Types of Overseas Mediclaim Policies Available at Bimafy
Bimafy offers tailored Overseas Mediclaim Policies to suit various travel needs:
1. Business & Holiday (Maximum Duration: 180 Days) Ideal for individuals traveling for business meetings or leisure trips. This policy covers medical emergencies, accidental injuries, medical transport and evaquations during short-term stays abroad. Maximum coverage is $50,000 (or Euro 30,000 for Schengen countires).
2. Employment & Studies (Maximum Duration: 1 Year) Designed for students and professionals relocating abroad for extended periods. This policy provides comprehensive coverage, including medical expenses and emergency evacuations, ensuring continuous protection throughout the stay. Maximum coverage is $75,000 (or Euro 30,000 for Schengen countires).
3. Frequent Traveling (1-Year Duration, Maximum 30 Days per Trip) Suited for frequent flyers, this annual policy allows multiple trips within a year, each up to 30 days. It offers consistent coverage without the need to purchase a new policy for each journey. Maximum coverage is $100,000 (or Euro 30,000 for Schengen countires).
What is the price (or premium) of Travel Health Insurance Policy?
Price or premium of the Overseas Mediclaim Policy is determined based on the traveler's age, duration of the travel, and the destination. It varies from traveler to traveler as not everyone is aged the same or goes to the same destination for the same duration. In order to get your price estimate, please get a personalized quoation by visiting the Travel Insurance category at Bimafy website or Mobile App.
Why Use Bimafy for Your Travel Insurance Needs?
- Comprehensive Coverage: Bimafy collaborates with reputable insurance providers to offer policies that cover medical emergencies, accidents, evaquation, and repatriation.
- Visa Compliance: Many countries, including Schengen states, require valid travel insurance for visa applications. Bimafy's policies meet these requirements, facilitating smoother visa processes.
- Convenient Online Availability: With Bimafy, you can compare plans, get quotes, and order policies online by making online payments. Digital policy certificates are delivered via email within a working day, with free delivery of the original certificate anywhere in Bangladesh.
Embarking on international travel without adequate insurance can expose you to significant risks. A Travel Health Insurance (Overseas Mediclaim Policy) bought from Bimafy not only safeguards your health and finances but also ensures compliance with international travel requirements. Before your next journey, consider getting a travel health insurance policy that best fits your travel plans.
For more information and to purchase a policy, visit Bimafy's Travel Insurance Page or download the Bimafy Mobile App on Android or iOS