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Top Reasons to Buy Medical Insurance

Top Reasons to Buy Medical Insurance

Why should you purchase International Private Medical Insurance?

International private health or medical insurance shields you from the financial burden of expensive medical treatment abroad. You can purchase these policies as an individual or for your family by completing an application after selecting a suitable policy. Here we list the top reasons to Buy Medical Insurance. Individuals and families worldwide should consider arranging their own global health insurance policy. Thus granting you access to independent coverage that isn’t tied to your employer. Hence, granting access to healthcare while you and your family are overseas and cover is continuous should you change employer. By default, you need to arrange your own policy if: you are self-employed or run a small business, venture the world as a digital nomad, study or retire abroad.

The top 10 reasons why it's important to take out international private medical insurance for you and your family are:

1. Access to quality healthcare:

Private medical insurance provides access to high-quality healthcare facilities and medical professionals, ensuring that you and your family receive the best possible medical care.

2. Protection against high medical costs:

Medical expenses can be very high, especially for complex and serious conditions. Private medical insurance provides financial protection against high costs,. It ensures that you don’t have to worry about paying for medical treatment out of pocket.

3. Pre-existing conditions

Pre-existing conditions are always a concern in medical insurance and should you loose your job due to a sever illness, arranging cover may be very difficult. Hence it is important to consider a basic policy with a very high deductible to protect you from financial ruin. An insurer may cover minor medical history but more serious conditions that are of the nature making you loose your job will most certainly be excluded. Therefore it is important to find a long term private medical insurance solution early in your life and ask a prospective employer to cover the premium during your tenure at that specific employer.

4. Choice of medical facilities:

With private medical insurance, you have the freedom to choose the medical facility and healthcare provider that best meets your needs.

5. Timely access to medical treatment:

Private medical insurance ensures that you and your family receive prompt medical treatment, without having to wait for long periods of time.

6. Coverage for emergency medical treatment:

Private medical insurance provides coverage for emergency medical treatment, including medical evacuation and repatriation.

7. Wellness benefits:

Many private medical insurance plans include wellness benefits, such as annual health check-ups and access to fitness and wellness programs.

8. Worldwide coverage:

International private medical insurance provides coverage worldwide or at least within a certain larger region such as worldwide excluding USA. Many policies provides emergency and accident coverage while on temporary trips outside of your coverage area. Thus, ensuring protection to you and your family no matter where you are.

9. Peace of mind:

Knowing that you and your family are protected by private medical insurance provides peace of mind, allowing you to focus on your health and well-being. Having your own policy that does not depend on employment is a key factor and very important to consider.

10. Tailored coverage:

Private medical insurance can be tailored to meet your specific healthcare needs and budget, ensuring that you get the coverage you need at a price you can afford.

Please read our buyers guide if you are unsure on where to start your journey to find a suitable medical insurance solution. You may also reach out to us for an unbiased and cost free consultation. In our companies section we list most of the insurers we work with. There you can find a wealth of information.