Travel insurance can be purchased with or without a
deductible.
Depending on the
deductible you choose, you may reduce the premium for the Emergency
Medical Care
coverage from 7.5% up to 35%. However, in the event of a claim, you will
be
responsible for paying the deductible amount out of your pocket before
the
insurer
makes a payment. The chosen deductible will apply per trip and per
insured, on
eligible expenses under the Emergency Medical Care coverage, e.g.,
hospitalization
expenses, medical and paramedical expenses, transportation expenses
(including
ambulance or repatriation expenses) and subsistence allowance.
For
example,
if
you have chosen a deductible of $500 for a medical claim of $1,500, the
eligible
expenses payable by the insurer will be $1,000. If you have not chosen a
deductible
(deductible = $0), the eligible expenses will be $1,500.
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