International Health Insurance
International Health Insurance for Australian Expatriates
Ensuring quality health insurance coverage usually ranks amongst the very highest expatriate priorities. By any standard, Australians enjoy a very high quality of health services and there is usually a desire to ensure that immediate access to similar quality care is not compromised by virtue of either living in a developing country or by exceptionally high local medical costs. Ideally, international health insurance should be arranged before expatriates, and their families, leave Australia so that there are no potential gaps in coverage.
As you would expect, International health insurance is more complex than domestic health insurance because of the vastly wider range of circumstances that have to be contemplated – including the need for emergency repatriation in certain situations. A number of excellent expatriate health policies are available in the Australian market place and they should be be very carefully considered by Australian expatriates - both because of their cost effectiveness and level of integration with the Australian health system. Subject to proper arrangements, most plans offer members guaranteed re-entry into the Australian health system with no waiting times or penalties.
Provided below is an example of coverage provided by a major international insurers constructed specifically for Australian expatriates, and some indicative premium rates. Obviously, you need to compare policies and premiums on a detailed basis before making any commitment, and we provide access through the Exfin Inquiry form on the bottom of this page to specialist brokers from one of the world's largest insurance brokers. If coverage via an Australian broker or policy is unavailable for any reason we will locate an offshore broker to service your inquiry.
Please note that whilst these policies have been developed with Australians in mind, you do not need to be an Australian to take out a policy, and all the premium, benefit levels and limits are expressed in Australian dollars (AUD).
Indicative Annual Premiums: Willis-Chubb International Health Cover
Download >> Summary Booklet (PDF)
|
Plan |
Gold Plan |
Gold Plan |
Platinum Plan |
Platinum Plan |
|
Region |
All regions other than US, Canada, Hong Kong, Japan, Singapore and UK |
All regions including US Canada, Hong Kong, Japan, |
All regions other than US, Canada, Hong Kong, Japan, Singapore and UK |
All regions including US, Canada, Hong Kong, Japan, Singapore and UK |
|
Policy limit |
A$1,000,000 |
A$2,000,000 |
A$1,000,000 |
A$2,000,000 |
|
Annual Aggregate Excess |
Single $250 |
Single $250 |
Single $250 |
Single $250 |
|
Single |
$3,137 |
$5,176 |
$4,895 |
$7,343 |
|
Couple |
$4,996 |
$8,244 |
$7,185 |
$10,777 |
|
Family |
$6,192 |
$10,216 |
$9,791 |
$14,686 |
The above premiums are meant to be indicative only – your choice of policy, geographical location, options and occupation in some instances will influence premium levels. The total level of cover differs by policy - depending on location they provides benefits of up to $1M and $2M per person with no aggregate limit and include medical, hospital, maternity, dental, optical and ancillary expenses plus emergency assistance. However, there are important differences in a number of areas.
An example is maternity where the Chubb Platinum Plan covers maternity costs up to the policy limit and will cover the costs for travel to Australia for childbirth, and associated accommodation costs. We strongly recommend you use the services of a broker to assist you in deciding the appropriate type and level of cover in your circumstances - there is no additional cost for this service.
IMPORTANT: The material contained in this website and other associated communications is only intended as general, background information and must not be relied upon. No warranty is provided in relation to any material or to the services that may be contracted through exfin.com. It is recommended that individuals seek the advice of qualified professionals before taking any action.
