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  • Nicolas Woiwod

How to Choose Expat Insurance?

When you talk about expat insurance in Germany, you have three options to choose from: local health insurance, travel insurance, and international health insurance.


Here is how to choose the best expat insurance.


Step 1: Identify a Plan that Encompasses Your Destination


After you decide you need a global health policy, look for an insurance carrier that covers your area. A majority of expat health insurance policies are typically accompanied by international coverage. But does the word “international” mean it covers all countries? Hence, before choosing a policy, you should be sure about this. So, always look for an insurance provider who is clear about the excluded zones.


Step 2 – Choose the Right Insurance Plan


Studies reveal that when prospective expats begin pondering regarding their health and welfare overseas, it is usually reflected in very broad terms. The majority of individuals want to ascertain that they have access to private healthcare. The health policy you pick expresses the guidelines and boundaries for that access. Therefore, it is essential to choose the best plan.


Many insurance providers offer additional benefits also like hospital bills, cancer treatment, doctor fees, and medical evacuation. You may choose a value or comprehensive insurance plan to save your health and pocket.


Step 3: Customize Your Plan


In this modern era, customer preference and customization are the priority. While a majority of people view consumer choice concerning lifestyle, customization is trending in healthcare. So, insurance companies provide customers the right to customize their insurance policies to match their circumstances. So, after you have chosen your desired health policy, you have the option to tailor it with voluntary benefits and extras. Some extra options to choose from include dental treatment, silver and gold plans, emergency medical evacuation, private hospital lodging, personal accident coverage, and direct billing.


Step 4: Choose the Appropriate Excess


When you planned to purchase a health insurance plan, you were likely in search of a policy that would cover your private healthcare. So, what is the role of the excess? However, excess shows that you pay your medical bills before your insurance company begins to pay.

Have you heard about nil excess? Nil excess implies very costly premiums: occasionally, health policies with nil excess can be 20% pricier than a plan with minimum excess.


Some Question to Ask Your Insurance Agent


When you choose an international health insurance plan, don’t forget to inquire whether the policy covers your spouse and kids. Also, can you purchase it for your employees and colleagues? And most importantly, never forget to compare prices. For this, you may ask your insurance agent to offer you various policies from different insurance companies, so that you can choose the best one. So, shopping around is always the key to saving.


Contact us to discuss your options.




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