Friday, 2 March 2007

Travel Insurance


The travel insurance is one of the things that I bring in my back pack although it does not take space… Travel insurance is the type of services that you purchase but you would not like to use.

The main items covered by insurance are:

Ø Sickness or accident
Ø Repatriation
Ø Baggage lost, delayed or stolen when flying

The price range I founded was from 175 Eur the cheapest to 1.350 Eur the most expensive. I wondered why the different was soo big? The requirements to be fulfilled were the following:

1) Length of insurance 12 months
2) Mundial coverage
3) Multiple entry in the country of origin (i.e. España)
4) Possibility to be abroad each time more than 90 days

The insurance companies evaluated were the following:

Company Price

Europea de Seguros ........................ 1.000 Eur

Europe Assistance ........................... 1.350 Eur

IHI ....................................................... 175 Eur

World Nomads .................................... 600 Eur

International SOS .............................. 550 Eur

HIS give a good initial impression and I founded because it was the company Wordnomads outsources medical services. I had and Skype conversation with its call centre in Denmark and founded out that did not fulfil points 3 and 4. In the case of World nomads point number 3 was not fulfilled.

The other three insurance companies were very similar on the level of liabilities been covered and I purchased the services with International SOS.

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