• Expatriate Health Insurance Blog

  • Monday, February 19, 2018

The internet has done a wonderful job of empowering consumers around the world. It offers them more choices of goods and services than ever before, from a wider selection of sellers. Greater choice and more competition usually leads to better pricing and benefits for consumers, and the insurance industry is no exception to that rule. So if you are considering purchasing expatriate life insurance, then heading online could be the right first step for you.

Buying expatriate life insurance online is a great idea because it allows you to comparison shop to find the best rate. You can survey the prices of many different providers with just a few clicks of the mouse. Some companies may offer instant rate quotes on their web site, while others may require you to fill out a simple form with some basic information. Upon completing the form, someone from the company will contact you with the estimate you requested. This is all certainly a much easier way to get a quote than the traditional method of calling an agent on the phone or going to visit your local agent to discuss plans for 2 hours.

Another thing that the internet does which helps you ultimately get the best price is to allow more types of companies to compete for your business. Fifteen years ago, you could only choose from local insurance agents, all of whom had local offices. Running a brick and mortar office with rent, utilities, and employees to pay for is expensive for what is essentially a small business owner.  But the web allows anyone to buy insurance from anyone else anywhere in the world, which means that larger companies which feel the pinch of overhead costs, or internet-only insurers who have little to no physical overhead at all, can now provide you with quotes. With little overhead or a reduced impact form overhead, they can often provide you with a superior rate.

Finally, the web makes it easier to understand the terms of a policy before buying. Most companies will make electronic versions of their policies available to you online, so you can read them carefully before buying. This will help you from buying the wrong thing, so even though reading the details doesn’t help you save money at the time of purchase, it will prevent you from needing to buy another policy on top of the one you already had. With these factors in mind, it just makes sense to go online to save on this type of insurance.

Overseas Expat Medical Insurance (limited home country cover)
Worldwide Expat Health Insurance (home country included)