Travel Insurance, Malaysia and Singapore

Yesterday purchased travel insurance for the first time. Before retirement health insurance provided coverage when out of the US. Seemed like the non medical things were longshots and could be handled out of pocket. Can’t recall ever having to spend any non-trivial amount for something that would have been covered by insurance.

My current medical insurance considers 9 SE Asian countries as one’s ‘home country’, including Malaysia. Singapore is not on the list. Singapore is expensive. There’s a connection.

The odds are low of racking up substantial medical bills while in Singapore for 5 days. But it only takes one catastrophically expensive medical condition to turn retirement into a nightmare.

World Nomads was my choice. They’ve been in business for a long time, the coverage was enough and the rates were reasonable.

It’s easy to find complaints about almost any insurance company. Most of the complaints about World Nomads came from people who appeared to have read the benefits brochure but not the terms and conditions document. The company allows one to extend the period of coverage after leaving one’s home country. Some customers were such dim bulbs they thought if they developed a medical problem during the initial coverage period it would continue to be covered during the extension. The document clearly states that is not the case.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s

%d bloggers like this: