Americans Make Biggest Travel Insurance Claims Worldwide

by Lakshmi Gopal on  August 10, 2011 at 3:09 PM Health Insurance News   - G J E 4
The Americans have defeated Britons yet again! That is, in making medical insurance claims worldwide to the tune of an average of a whopping £4,725!
 Americans Make Biggest Travel Insurance Claims Worldwide
Americans Make Biggest Travel Insurance Claims Worldwide

Conducted by Sainsbury's Finance, recent research had revealed that the average medical insurance claims from Britons abroad are over £1,300.

The study said that the average medical insurance claim made by Brits who fall ill or have an accident abroad is now £1,333.41.

However, average claims from the US came in at £4,725.

Meanwhile, the least expensive country was Greece, where the average claim for a hospital visit was £422. But even this expense can catch holidaymakers off-guard if they aren't prepared with adequate travel insurance and medical insurance.

Mr Scott Gorman, Sainsbury's travel insurance manager, commented: "It's vitally important for holidaymakers to protect themselves and their family when travelling abroad, and the best peace of mind you can have is by having a good quality travel insurance policy."

He added that a European Health Insurance Card is not an alternative to travel insurance. It will only offer you the same healthcare provided to a resident of the country you are in. "This means that should you require medical attention you may face huge medical bills, which is a concern, especially in countries such as the United States the cost of medical treatment can be extortionate," he said.

Source: Medindia

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