5 Myths About Worldwide Health Insurance Busted
If you are planning to travel abroad one of the things that would put you into dilemma is whether to buy worldwide health insurance. While these plans do offer a lot of benefits when you are traveling to different parts of the globe there are lots of myths attached to them. These myths and beliefs are so powerful that many people completely avoid buying this coverage while touring abroad. Here we bust five of such myths.
#1 There is Little Value on Worldwide Health Insurance
You need not go far and just Google for stories of people who have had the harrowing experience with medical emergencies abroad. You would come across thousands of people who have regretted not having bought international health insurance. The problem that the vast majority see no value in insurance is the fact that they don’t face such emergencies (their good luck) but the very purpose of such plans is to keep you safe and protect your interests.
#2 It Is Very Expensive
Did you hear it from your dad or your uncle? While they are true in their belief as global health insurance was really expensive in the past but not anymore. With the number of people traveling abroad for jobs, business and leisure tours having exponentially increased these plans are available cheap thanks to the economy of scale. So if you take inflation into account you would get these plans at a fraction of what they cost a decade or two back. These plans would protect you against all the foreseen and unforeseen dangers abroad and offer you complete peace of mind.
#3 You Don’t Need It If You Are Fit
Yes if you are young and fit you are in lesser danger of suffering from a health emergency due to your physical conditions. But it only takes a simple incident of rash driving or natural calamity to put you into hot soup. Imagine becoming a victim of a car crash in a foreign land or needing helicopter evacuation when you are on a hiking trail. All these can cut deep holes in your pocket if you aren’t covered by insurance. Irrespective of your age and your physical condition life can be cruel and it is always better to be prepared than to be sorry.
#4 My Credit Card Offers Insurance
Your credit card, your tour operator and even your employer would promise you the moon when you are traveling abroad. This is a simple trick that is used to lure you towards a card, a job or a vacation with the particular tour operator. But when tragedy actually strikes you are left evaluating what is included and what’s excluded from their insurance coverage that you were promised. Remember you are responsible for your safety and that of your loved ones and when traveling abroad you cannot ignore the benefits of worldwide health insurance.
#5 Country That I Am Visiting Offers Great Healthcare to Expats
Think about one country or its government that doesn’t claim to offer decent healthcare services. But in reality, there aren’t too many countries that would offer comprehensive and cheap healthcare services to foreigners. Even nations that for long have prided in offering free and universal healthcare to their citizens are struggling to manage these freebies for their very own people and leave aside offering it to someone who is on a holiday. This is one thing that you shouldn’t really fall for and create your own safety net.
So now that we have busted the myths surrounding worldwide health insurance it is time for you to choose an insurer who offers you maximum coverage when you are in a distant land.
Similar Articles
Insurance companies are, by design, masters of controlled optimism. They lure you in with glossy brochures and promises of security, convincing you that as long as you pay your premiums, life’s curveballs will bounce harmlessly away.
Have you ever wondered how your family would cope financially if an unexpected accident were to occur? In a world where accidents can happen at any moment, ensuring your family’s financial security becomes paramount.
Non-fault accidents often come with a host of misconceptions that can muddy the waters when it comes to understanding your rights and responsibilities. In this guide, we'll debunk some of the most common myths surrounding non-fault accidents.
Living down under, surrounded by gorgeous coastlines and plenty of sunshine, can sometimes allow us to focus on the good life and take our health for granted. It is easy to get lost in the hustle of daily life, but unforeseen circumstances can sometimes pull the rug from under our feet.
Even though every one of us wants to experience the thrill of driving fast, the wind going through our hair, seeing an empty stretch of road, and putting the pedal to the metal, there are so many consequences to it
Digital transformation has transformed countless commercial industries. There is not a single industry on the face of the earth that has managed to escape the rapid digitalization around us. It includes the insurance sector as well, which has observed much quicker adoption of advanced technologies.
Term insurance plan has become one of the popular insurance plans, because of the comprehensive coverage and flexibility it provides. Amidst the various insurance plans with higher premiums and rigid policies, term insurance is more straightforward and affordable for most of the population
With customers turning to insurance policies as their first option in offering protection to their families and diversifying their investment portfolio, the insurance industry is also changing with the evolving needs.
You need to select a suitable motor insurance policy. Various policies have various features to offer. Different policies also come with different prices. Therefore, it is so crucial for you to do some research before you buy it.