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Global health cover comes as a lifesaver for high-flyers: Experts

But examine countries covered and claim settlement mode

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With age the premium of a global health insurance plan will increase. Long-term affordability is one factor that must be considered before the purchase of these plans.

Karthik Jerome
Many affluent Indians prefer to go abroad for treatment, especially when afflicted by a critical ailment. Given the high cost of medical treatment in developed countries, they should buy a health insurance policy that covers treatments abroad. Several general and health insurers now offer these plans.

A global health cover proves handy in many situations.

Says Apaar Kasliwal, executive director, PolicyBoss.com: “Some medical procedures and medications are available only in specific facilities outside India. Some doctors recommend seeking a second opinion from a renowned medical facility outside India, such as Mayo Clinic, Johns Hopkins, and so on. Also, doctors in

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