Hello you two, good to see you are still out and about in this big world. (I met you both during your time in Cambodia). I felt I should point out that when your SafetyWing policy expires after 364 days and you get a new policy ANY problems you had when covered by them the previous year(s) are now pre-existing and no longer covered. So not the best policy to have if you do run into any medical issues and are a long-term expat. (I read about this in some reviews and then did confirm it with SafetyWing).
Hey! Thank you for pointing this out! You're exactly right about that. As we mentioned in the video, both companies have different definitions of pre-existing conditions, which is really important to be aware of. So cool to hear from you! Send us a DM on Instagram @Two_Can_Travel. Would love too catch up more :)
This happened with my safetywing policy, and although they covered basically everything under the term of the policy, i ended up switching to genki who promised to cover my pre-existing condition and then basically accused me of insurance fraud and refused to cover it after i paid. Started a month long nightmare basically trying to gaslight me and strong arm me into cancelling my policy saying they'd keep my money and i could dispute it but they'd still keep charging me while refusing to cover me. I hadn't even filed a single claim. Worldtrips had great customer service. I have no idea about safetywings other provider tho.
How does this not have more views! Exactly what we was looking for. We read all the small print but thought we would see if anyone had summarised it. Spunds like Genki really is the best choice.
I checked the terms and conditions and enquired with both companies and I'm afraid to tell you that they both consider pre-existing any condition developed during the previous contract with them. This means that at the renewal they will either refuse or raise the prime if the nez condition developed requires expensive treatments or medications.
Just as important is dispute resolution and choice of law provisions contained in the policy. All the promises to pay sound good, but what if they decline coverage? Many policies contain mandatory arbitration clauses. This means you can not take them to a court of law. I have seen some polices where the language includes "if we agree to arbitrate". In other words, they will arbitrate if they want to. And if that isn't bad enough, look for provisions where you have to arbitrate in Texas or some other distant state. Finally, choice of law: There is a good chance that the law applied to your dispute will not be the law of your state. Some policies apply the law of Bermuda. Do you really think you are going to get paid if they don't want to pay?
Looking now safety wing has had a price increase. I did a brief look a few weeks ago and it was 40 odd $ now it’s saying approx $57. Think I’m going with genki for the price
Thanks for the info. I've been shopping for ex-pat insurance and will check it out. I'm seeing some quotes between $500 to $1000 a month for people pushing 60'
We're glad you found it useful! SafetyWing's Nomad insurance is certainly cheaper than that, though you'll need to be sure it covers what you are looking for. As we mentioned in the video, Genki's World Explorer insurance will start covering the 50+ age range later in 2023. Genki also has World Resident insurance which can already cover people 50+, so that could be worth checking out too.
Just got a quote from Safety Wing for Health insurance $550 per month , im 62. received another quote for $300 from another company. Guess who im going with
Yes, we shared about our experience using our insurance in this video: ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-DaqK6_lRaIE.html You can check out the website Trust Pilot to read more reviews of people's experiences making claims with each company.
Genki is a fucking nightmare and i highly discourage anyone from getting it. Had a pretty decent time with safetywing travel insurance but switching to genki was a HUGE mistake.
