This is a type of insurance that provides insurance compensation for medical expenses incurred during a trip abroad. Medical expenses include medical expenses necessary for a person to fall ill or suffer from an accident during the trip, as well as other expenses incurred during the trip as stipulated in the insurance contract.
The insurance premium for this type of insurance varies depending on the country to be visited, the purpose of the trip, the duration of the trip, the age of the insured, the insurance limit and other factors.
The insurance payment for this type of insurance, that is, the amount to be paid by the insurance company to the insured person in the event of an event, is equal to the cost of medical expenses, provided that it does not exceed the insurance limit under the contract.