When considering travel insurance we all weigh the risks of what we think might go wrong, but more often than not it’s what we didn’t think that’ll blind-side us. I don’t think anyone outside the medical profession has even heard of points 1 & 3 in the list below but together they cost the insurance companies $575,000!
The Costliest Travel Insurance Claims Of 2012 are not surprisingly all Medical Emergency related and here they are:
1. Pauci-immune glomerulonephritis, USA = $469,000
2. Fractured pelvis and back, head injury, Peru = $152,500
3. Meningoencephalitis, UAE = $106,000
4. Fractured leg, Fiji = $75,000
5. Respiratory bacterial infection, Monaco = $74,500
6. Back fracture, El Salvador = $50,300
7. Injured leg, Philippines = $44,300
8. Brain tumour, Greece = $40,400
9. Meningitis, China = $32,600
10. Fractured humerus, Austria = $32,100
About of Meningitis cost $32,000 in China! The medical costs have gone up drastically all over the world. I used to think that travel medical insurance cover of millions of dollars was ridiculously unnecessary … until this top 10 list. Travelling without adequate Travel Medical Insurance in this day and age can bring financial ruin to you and your family. It’s simply not worth the risk and if you are planning on doing sports activities this winter like skiing, ensure you have Ski Insurance to cover your equipment, cancellations and medical emergencies.
Links:
Check Travel Advice To Your Destination
Always Read The Policy Fine Print
Annual Multi Trip Insurance 