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Be Smart and Look Into Your Options for Insurance
It’s difficult to prepare yourself for any kinds of losses you may face when living and working in another country. However, the best way to do this is with expatriate insurance. Expat insurance covers everything from your personal property, to emergency evacuation, to medical and dental coverage.
If your relocation date is looming in the future, it’s in your best interests to prepare your insurance policy as soon as possible. Look into the specifics and find out all of the facts so you know what your options are.
The following article outlines the insurance policies in India, Brazil and the USA.
India
If you ever visit a hospital in India, make sure to be careful which one you select as some may shock you. Many Indian hospitals (especially government hospitals) can be unsanitary. Just to be sure that you’re in good hands, you should always seek private hospital care first.
Interesting fact – Did you know that only 0.2% of the population in India is covered under Mediclaim? This contrasts countries like the US where around 75% of the population is covered by some kind of insurance scheme.
Brazil
When it comes to insurance coverage in Brazil, you have many options at your dispense. Like most other countries, there are basic coverage schemes and there are also schemes that cover unusual scenarios such as war, terrorism, kidnappings, ransom and casualty insurance. Although these occurrences are rare and likely won’t happen to you, it’s still best to play it safe.
Interesting fact – Around 50% of South America’s insurance activity is accounted for by Brazil and the local insurance industry has increased almost 100% in revenue since 1993.
The USA
Although the USA is developed, this does not automatically make you immune from losses. It would be a mistake to assume that you would never face any problems as an expat. US medical bills can prove to be quite costly so it’s wise to invest in some sort of insurance scheme before arriving.
Interesting fact – Car insurance usually covers around 175 million cars in the US per year.
If you’re relocating to India, Brazil and the US, you’ll definitely need to look into your insurance options. By conducting some research online, you should be able to find an assortment of helpful providers. You’ll feel much more comfortable and confident with your travels if you cover yourself beforehand.