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Learn the difference in medical insurance excess wording

16 March 2018

Expat Medical Insurance policies will generally all have a policy excess (sometimes referred to as a policy deductible) applied in the event of a claim. The type and wording of a policy excess will have a significant impact on how a claim is treated and the claim reimbursement that is made.

Learn the differences between a 'per annum' and a 'per claim' plan excess.

Per claim excesses

The โ€˜per claimโ€™ excess is the total amount that policy holders will have to contribute towards the cost of each claim they make.

A โ€˜claimโ€™, is generally meant to mean a course of medical treatment. Policy holders wonโ€™t have to pay the excess for each bill that forms part of their claim.

Per annum excesses

The โ€˜per annumโ€™ excess is the total amount that policy holders will have to contribute towards the cost of all claims during the period of cover.

We have been advising clients on expat medical insurance and travel insurance for over 30 years, if you would like to discuss issues related to your existing cover or simply require help in obtaining the best cover for your circumstances please contact us

Further Reading

The Power Of Expat Medical Insurance To Save Life

Not Using Medical Insurance Emergency Numbers Can Cost You Thousands

What Is Medical Evacuation Insurance Cover?

Medical evcuation process

Beware Claim Related Medical Insurance Plans

How to choose a medical insurance plan

Expat Medical Insurance

Buy an online IDP if you intend to drive or ride motorcycles overseas

Obtain FREE travel medical insurance quotes now

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