If you are an expat then it’s likely that you are working overseas or you are now currently enjoying your retirement years. The fact that you are in a strange country that is not your own means that you need to be a lot more prepared than you would in your home country. Nobody knows what lies ahead for any of us around the next corner and we have no idea if we are going to run into health issues or experience some kind of accident next week or next month. The thing that we do understand is that the better prepared we are for all eventualities, the happier everyone will be. You probably have lots of savings that you feel will get you through any difficult spots that you come across but you need to remember that if you are admitted to a hospital then your savings may not last you as long as you thought that they would.
We take out insurance policies in many situations throughout our lives and we wouldn’t leave the house without having insurance on our cars. The same applies to our homes because that is probably the single biggest investment that we have ever made and so we know we need to protect it in the event that we lose our jobs or the house burns to the ground. However for some reason many expats think that they don’t need any kind of expat health insurance that covers them for almost all eventualities and it provides them with peace of mind. They have to be convinced to take out insurance cover before they head off on an extended trip and that seems quite strange. If you are one of these people who feel that insurance is for chumps then maybe the following benefits of having expat health insurance can help you to make a smarter decision.
- It provides peace of mind – How can you possibly enjoy an extended vacation if in the back of your mind, you are always worrying about getting sick or getting involved in some kind of traffic accident where you get a shoulder problem. If you are worrying about hurting yourself you won’t take part in any activities that could make your holiday experience a lot more enjoyable. Don’t just think about your own peace of mind and try to think about your family members as well who will be worrying about you while you are away for an extended time.
- It covers most eventualities – If you choose wisely and you check all of the small print content within most insurance policies, you will find an insurance policy that will cover most eventualities so you can enjoy your vacation. If you currently suffer from any health issues then it makes absolute sense to make sure that you have some kind of insurance policy that can take care of your needs if you are admitted to hospital.
You have been making smart decisions your whole life and so there is no reason to stop now and to think that you don’t need some kind of expat health insurance.
