- Max Annual Coverage Limit
- Area of Coverage
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In a nutshell, travel insurance is for your short holidays and business trips abroad up to 6 months while international health insurance is for people who are relocating overseas to work or study for a couple of years. So, who should buy international health insurance?
|Insurance Company||International Health Insurance||Maximum Coverage|
|FWD||FWD International Health Insurance||S$3 million|
|AXA||AXA International Exclusive Plan C||S$$2.5 million|
|MSIG||MSIG Prestige Healthcare Elite||S$900,000|
|Cigna||Cigna Silver Plan||S$1 million|
|Liberty||Liberty MyHealth International Essential||S$2 million|
You can’t bring your friendly family doctor or GP along when you relocate. Now that you are living overseas, buying the cheapest health insurance policy available is not always the best choice. Here’s what you should look out for in a policy to decide if it suits your lifestyle needs and if it’s good value for money.
The process for specific types of claims may differ from insurance company to company. However, international health insurance plans offered by popular insurers such as AXA, MSIG, or AIG generally have similar claims procedures. Here are some things that you should take note of when making an insurance claim.
Buying your first international health insurance? First things first, which country are you going? Next, what are your lifestyle and medical needs? Finally, international health insurance plans are known to be expensive and have high premiums – but fret not, there is a way to lower your annual premiums if you are generally in good health.