Thinking about purchasing short term insurance also known as visitor medical insurance for a loved one visiting you in the US or Canada? Not a bad idea considering the high cost of medical services in these countries. Be aware that there are generally two types of visitor medical coverage available. One is known as fixed insurance. The other is comprehensive insurance. The fixed insurance will generally be cheaper, but you should know that it will only pay a set amount for a given procedure. For example, suppose that you are hospitalized and require a minor surgery. Suppose the hospital bill for 3 days comes to $30,000 and the surgery (surgeon, anesthesiologist, etc) comes to $12,000.
A fixed plan will clearly state that they will only pay, say $1200 per night for a hospital stay and only $3,300 per surgery. This plan will clearly leave you with a sizable bill. The comprehensive plan, on the other hand, will generally pay 80% up to some amount, generally $5,000 and then 100% after the deductible is paid. So, be sure you know which type of plan you are choosing and be sure you are ready to assume the appropriate risk associated with each!!
You can buy online visitor medical insurance through NRIOL, An authorized insurance channel. Online purchase is the convenient option to buy visitors insurance. There is no need for any paper work and no waiting in the queue. Online facilitates you to compare visitors medical insurance plans by various providers.