Beacon Travel Insurance Cover
Beacon travel insurance cover is one of our travel insurance for our clients spending a few days up to 24 months outside the U.S. or from your primary country of resident. Why do I need a travel insurance plan like the Beacon travel insurance plan? You can begin your trip without any travel insurance and be self-insured. But did you know that if you become ill abroad the costs to treat you could be very high. Especially if you have to be medically evacuated? How would you find a doctor? Where would you find appropriate healthcare facility? Where would you seek advice? Did you know that HMO’s, PPO’s and Medicare typically do not cover you abroad?
The Beacon international travel insurance is an overseas medical Insurance plan for international travelers insured by Lloyd’s London and administered by Azimuth Risk Solutions Inc. The Beacon International travel medical insurance is available to anyone who travels outside their home country for 5 days up to a total 24 month period. Who can be on this type of travel insurance plan? Anyone travelling outside of their home country for 5 days or longer is eligible. Newborns must be at least 14 days old. There is no maximum age for coverage.
Who is Azimuth Risk Solution? They are headquartered in Indianapolis, Indiana. Azimuth Risk Solutions, LLC. (Azimuth) is a service-first organization formed by professionals with nearly 30 years in the international insurance industry to provide simply the finest value combination of product offering, administration and client service available in the international benefit market today. If it’s important to you to do business with an organization that is committed to service excellence, ethical conduct and philanthropic pursuits, Azimuth is the choice to meet your requirements. Azimuth is a Managing Agency for our insurer, certain Underwriters at Lloyd’s, London and the scheme administrator for the Beacon Series.
Ratings – AM Best Rating:
Underwritten by: Lloyd’s of London
AM Best’s Rating of: (Excellent)
Effective as of: 07/22/2015
Verify Rating at: www.ambest.com
Good Neighbor Insurance has provided the Beacon travel insurance plan for a few years now. Many of our guest enjoy the benefits that this travel insurance plan provides them as they spend a few days up to a few months outside their country of citizenship/resident.
Here are some of the medical travel insurance benefits of the Beacon cover (all in USD):
Emergency Medical – $60,000 per person – Secondary coverage – Pays for the cost of treatment associated with a medical emergency incurred while traveling.
Pre-Existing Condition – No coverage
Co-Insurance – Plan pays 100% after deductible outside USA or Canada – Co-Insurance is the percentage of Eligible Expenses, after the deductible, which is the responsibility of the insured. Coinsurance (Subject to the Deductible) The plan pays 100% of Eligible Expenses to the Maximum Limit for claims incurred in the US or Canada within the Multi-‐Plan PPO Network. The plan pays 80% of the next $5,000 after the Deductible outside of the Network. The plan pays 100% for claims incurred outside the US & Canada.
Medical Deductible – $0 to $2,500 per person – The Medical Deductible is a co-pay amount which is the responsibility of the insured. Options vary by plan and can range from $0 to $2500. Deductibles can be charged 1) per policy; or 2) per person; or 3) per occurrence, injury or illness; or 4) combination of the above. Most Long Term Plans require you to select a deductible option while most Vacation plans offer a zero deductible benefit.
Home Country Coverage – 14 days per 3 months
Medical Evacuation & Repatriation – Included in Emergency Medical – $60,000 per person
Non-Medical Evacuation – $10,000 per person
Travel Delay – $100 per person – Covered after 12 hour delay
Baggage Delay – No coverage
Baggage & Personal Items Loss – $250 per person – $100 per item – Checked luggage only
24 Hour AD&D – $30,000 per adult / $6,000 per child
Flight Only AD&D – No coverage
Common Carrier AD&D – $50,000 per adult and $30,000 per child
Hazardous Sports – No coverage
Sports Equipment & Fees – No coverage
Amateur Sports – Optional coverage
Rental Car Damage – No coverage
Money Back Guarantee – Up to the day before effective date
24 Hour Assistance Service – 24 hour assistance provided
Identity Theft – No coverage
Renewable Policy – Renewable up to 24 months
Maximum Trip Length – Not applicable
Maximum Number of Trips – Not applicable
All Events Upgrade – No coverage
Additional Benefits – No coverage
Good Neighbor Insurance provides international travel insurance to those traveling outside their country of resident/country of citizenship. Call one of our professional international travel insurance agents at 866-636-9100 or you may email us at [email protected]. Have an amazing and safe travels!
