When you’re envisioning a fabulous, once-in-a-lifetime vacation, health insurance may be the last thing on your mind. But without it, obtaining necessary care—especially in an emergency—could be significantly more challenging and expensive. Whether you have an individual, group, or Medicare plan, your health insurance may not protect you when you travel. That’s why you need to consider travel medical insurance when you travel outside of the U.S. and, in some cases, when you cross state lines.
Travel and Leisure
Resource Search
Looking down on planet Earth from space radically shifts one’s perception of our world and our place within it. After witnessing our planet’s thin, brilliant blue line of atmosphere against the stark blackness of space, astronauts return home to engage more deeply in solving our social and environmental challenges. Join us to learn about a new way of travelling to space that enables researchers to readily perform critical climate change science, artists to experience and communicate the transformative experience, and educators to inspire millions of students worldwide.
On the rise is Americans’ interest in living outside the U.S. for an extended period or even indefinitely. There are many different reasons for wanting to move to new countries, including career prospects, favorable financial conditions, love and family, and often simply for la dolce vita. Whatever the reason, a thoughtful and holistic approach is strongly recommended for anyone yearning to try an expat life. Before making the move abroad, it’s important to consider how that move would affect all aspects of your life and wealth planning.
When it comes to international travel, high-net-worth individuals and their families can be at a particular risk: They have the danger of kidnapping and extortion, threats to their physical safety, and a hit to finances. The challenges have also multiplied since COVID, presenting not only health risks to travelers but political instability unseen in many years. This new reality in travel points to understanding how to insure a lifestyle.
As a successful family, your unique lifestyle can create unique challenges while traveling around the world. The next time you travel, there are five key areas to consider that can help keep you, your family, and your belongings safe while you are away.
Safety Checklist: Hosting Social Events
Publish Date
A host can be held liable for injuries caused to a third party if an intoxicated guest causes a car accident. If guests are injured on the premises due to hazardous conditions, the homeowner can be held liable. Such incidents may include slipping and falling on icy walkways, uneven floors, or broken staircases. When hosting a social event, following a checklist of practical steps can help eliminate or minimize potentially costly and dangerous outcomes.
Checklist for Overseas Travelers
Publish Date
International travelers are vulnerable to a wide range of risks, including political unrest, natural disasters, and medical emergencies. The financial impact of these events on travelers can differ considerably—especially those who are not adequately prepared. Following a checklist of basic practical steps will help you and your families prepare for a safe trip abroad.
Experiential Travel
Publish Date
The popularity of international travel will grow and evolve as accomplished individuals seek to add memorable and thrilling experiences to their lives. While you can certainly experience a special trip nearly anywhere in the world, don't be hasty in your preparation. Protect yourself with the right information and insurance to avoid large and small risk exposures.
From young adulthood to family formation and end-of-life planning, navigating the various stages of family life brings with it unique challenges for families of wealth. By understanding and proactively preparing for the complex issues and opportunities—including knowing how your money story shapes your financial personality and taking a positive approach to prenuptial agreements—families can be in a better position to move forward over the natural cycle of change.