Travelers’ Health Insurance is a mandatory condition for entry into some countries. This rule is particularly strictly observed in Europe, in the Schengen Union area. However, the insurance policy is not only and not so much an annoying duty, as a chance to save a lot of money in case of emergency. It is worth mentioning that the basic insurance provides compensation in the simplest cases, so it is useless for those who are going to engage in active recreation. For example, skiing, car racing.
Publicity
There are only two ways to save money on medical insurance: become a customer of the bank, the headquarters or a subsidiary company of which are located in the country where you are going on vacation. Or analyze the insurance market as thoroughly as possible. For example, using insurance policy search engines Cherehapa.ru or Sravni.ru. The average prices for basic offers of the insurance companies to the Schengen countries, Thailand and Turkey we’ve listed in the table below, ordering them in ascending order in rubles (by Schengen). If your country has a different currency, please use our online currency converter.
Company
Schengen
Thailand
Turkey
Tinkof
478.00
1910.00
716.00
Arsenal
499.65
1021.50
499.65
Renaissance
500.10
1498.94
499.65
Consent
501.03
1000.68
501.03
Liberty
550.59
943.78
688.23
Allianz
552.39
1534.33
614.15
VTB
555.16
1110.32
Local>BTB
555.16
Sberbank
582.92
582.92
582.92
RESO
655.09
1965.27
655.09
Rosgosstrakh
671.75
1343.49
671.75
Russian Standard
705.06
4396.89
705.06
Ingosstrakh
777.23
1282.43
777.03
Alpha Fear.
804.99
1754.31
804.99
ZETTA
881.32
1536.38
881.32
Note. Our methodology for calculating where best to buy travel insurance is based on a sample of fourteen insurance companies, the largest in terms of collections. And then we compared the cost of insurance policies for the most popular destinations among our compatriots. To interpolate by age we assumed that the traveller is 30 years old. We also assumed that his vacation lasts a week. Based on these terms and conditions we calculated the cost of a basic insurance policy. The price of options was not considered. The ranking of companies was determined by the price of insurance for those traveling to Schengen, because it is these policies that are most in demand.
Try to compare the actual prices of travel insurance in the well-known insurance companies (RESO, Absolut, Alpha, Rosgosstrakh, etc.)through the site Cherehapa.ru. For this you can use the search form below:
How to save on travel insurance
The following are 5 ways to help you find the cheapest policy. In addition to this article, we advise to read about whether you need insurance in Thailand and whether you can do without it.
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Don’t be lazy to compare
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The best travel insurance can only be found by a scrupulous analysis of the offers. All insurers offer virtually the same terms, but their pricing policies vary considerably. It is possible to find the same policy which will be two or three times cheaper in one company and more expensive in another.
Real insurance indemnity
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This is the amount you will be paid when an insured event occurs. Its minimum amount is regulated by law and cannot be less than 2 million rubles. However you have the right to choose the insurance coverage that is most realistic for your case. If you prefer a quiet holiday without any extreme, then 30 thousand euros will be enough for you. Of course, no one forbids you to insure and for 100 thousand euros (on which the insurance agent will insist), but it will cost at least 20% more expensive.
don’t take unnecessary options
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Standard travel health insurance provides coverage for the simplest cases that don’t require hospital treatment. For example, a cold, a bruise… Managers will definitely offer a package of extras, some of which will never come in handy. For example, why would you need sunburn insurance if you’re going on a Christmas vacation to the Czech Republic? But this case is real for those who go to Thailand in winter. And the cost of the policy may increase many times over. So choose what you really need and what is a waste of money.
Search for bonuses
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Real savings on bonuses aren’t great, but rejecting them is the height of frivolity. For example, it’s worth signing up for a bank credit card for travelers if you’re offered basic health insurance as a gift. Regular customers are usually rewarded by insurance companies by putting their children on the policy for free.
The greatest benefit of a travel credit card is that it’s free.
The greatest benefit is for those who wish to take out travel insurance for the long term. Usually the policy is issued for six months, but insurance companies can cheat even here by stipulating that every 90 days you must leave the country for at least a day.
Monitor exchange rates
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If you compare travel insurance policies purchased on different days of the current year, you’ll notice that with the same conditions and options, their prices differ by 10-15%. The cause of this is the notorious volatility of the ruble, the exchange rate of which in recent times has behaved “like the wind in May”.
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Read More:- Getting insurance in Thailand – what to look out for.
- Introduction to Thailand – step by step instructions.
- Why isn't the insurance company paying? Possible reasons Possible reasons.
- 10 differences between Thailand and Turkey – where to vacation better?.
- Do I need insurance in Thailand? Can you really do without it?.
- What are the best currencies to bring with you to Thailand?.