Etaoin Shrdlu Posted December 18, 2022 Share Posted December 18, 2022 58 minutes ago, nigelforbes said: The following is not very reassuring: https://www.wrlife.net/pdf_files/PARTICIPATIVE POLICY ENGLISH.pdf That certainly describes an interesting approach to insurance. I think this is the first time I've seen an insurance broker issue "shares" to its clients. I would still wish to see details of the insurance company that actually bears the risk of loss under the policies that WR Life issues to its clients. Link to comment Share on other sites More sharing options...
nigelforbes Posted December 18, 2022 Share Posted December 18, 2022 19 minutes ago, Etaoin Shrdlu said: That certainly describes an interesting approach to insurance. I think this is the first time I've seen an insurance broker issue "shares" to its clients. I would still wish to see details of the insurance company that actually bears the risk of loss under the policies that WR Life issues to its clients. If it looks like a duck and it quacks like a duck......! 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted December 18, 2022 Share Posted December 18, 2022 (edited) 15 hours ago, nigelforbes said: If it looks like a duck and it quacks like a duck......! House of Lloyd('s) Ceramic Duck Figure Hand Painted Statue with Blue Bow Vintage 1980 Edited December 18, 2022 by jerrymahoney Link to comment Share on other sites More sharing options...
nigelforbes Posted December 18, 2022 Share Posted December 18, 2022 4 minutes ago, jerrymahoney said: House of Lloyd('s) Ceramic Duck Figure Hand Painted Statue with Blue Bow Vintage 1980 Looks like an inflatable to me. Link to comment Share on other sites More sharing options...
jerrymahoney Posted December 18, 2022 Share Posted December 18, 2022 (edited) 21 minutes ago, nigelforbes said: Looks like an inflatable to me. https://www.etsy.com/listing/1223220587/house-of-lloyd-ceramic-duck-figure-hand Just to note that what I recently posted above is verbatim from websites. If you all want to offer your editorial opinions, up-to-you. Edited December 18, 2022 by jerrymahoney 1 Link to comment Share on other sites More sharing options...
Tubby Posted December 19, 2022 Share Posted December 19, 2022 On 12/18/2022 at 12:38 PM, Etaoin Shrdlu said: That certainly describes an interesting approach to insurance. I think this is the first time I've seen an insurance broker issue "shares" to its clients. I would still wish to see details of the insurance company that actually bears the risk of loss under the policies that WR Life issues to its clients. interesting. Link to comment Share on other sites More sharing options...
jerrymahoney Posted January 12, 2023 Share Posted January 12, 2023 (edited) On 12/9/2022 at 1:58 PM, scubascuba3 said: Many people here seem to have the April Global (France) which you've not mentioned? Bottom page 15: https://fr.april-international.com/sites/france/files/2022-12/MyHealth International_Brochure_2023.pdf This product is conceived and managed by APRIL International Care France and insured by Groupama Gan Vie (for the medical expenses cover) and by Chubb European Group SE (for the other covers). https://www.groupama.com/en/our-business-activities/life-and-health-insurance/ Edited January 12, 2023 by jerrymahoney Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted January 12, 2023 Share Posted January 12, 2023 17 hours ago, jerrymahoney said: Bottom page 15: https://fr.april-international.com/sites/france/files/2022-12/MyHealth International_Brochure_2023.pdf This product is conceived and managed by APRIL International Care France and insured by Groupama Gan Vie (for the medical expenses cover) and by Chubb European Group SE (for the other covers). https://www.groupama.com/en/our-business-activities/life-and-health-insurance/ Groupama Gan Vie is carries an A+ rating from Fitch: https://www.fitchratings.com/entity/groupama-gan-vie-88772891 This is equivalent to a Standard and Poor rating of A+. https://www.moneyland.ch/en/rating-agencies As for Chubb European Group SE, they received an "AA" rating from Standard & Poor. https://www.chubb.com/uk-en/about-us-uk/europe-financial-information.html Both firms have very good ratings from professional rating agencies, so this should satisfy those who care about their insurance companies' financial strength. Basically it means that they will likely be around and have the financial ability to pay claims in the future. 1 Link to comment Share on other sites More sharing options...
jerrymahoney Posted January 12, 2023 Share Posted January 12, 2023 So Groupama is the medical underwriter for APRIL International Care France. Link to comment Share on other sites More sharing options...
scubascuba3 Posted January 12, 2023 Share Posted January 12, 2023 1 hour ago, Etaoin Shrdlu said: Groupama Gan Vie is carries an A+ rating from Fitch: https://www.fitchratings.com/entity/groupama-gan-vie-88772891 This is equivalent to a Standard and Poor rating of A+. https://www.moneyland.ch/en/rating-agencies As for Chubb European Group SE, they received an "AA" rating from Standard & Poor. https://www.chubb.com/uk-en/about-us-uk/europe-financial-information.html Both firms have very good ratings from professional rating agencies, so this should satisfy those who care about their insurance companies' financial strength. Basically it means that they will likely be around and have the financial ability to pay claims in the future. Chubb seems to be a small player here, I've only seen it once for personal accident which wasn't good cover. Maybe that's the Thai company. I've not seen anyone post that they have Chubb health insurance Link to comment Share on other sites More sharing options...
jerrymahoney Posted January 12, 2023 Share Posted January 12, 2023 (edited) 12 minutes ago, scubascuba3 said: Chubb seems to be a small player here, I've only seen it once for personal accident which wasn't good cover. Maybe that's the Thai company. I've not seen anyone post that they have Chubb health insurance The April statement linked said that Groupama is for 'medical expenses covers ' and Chubb is 'for the other covers' maybe things like repatriation and death benefit issues Edited January 12, 2023 by jerrymahoney Link to comment Share on other sites More sharing options...
jerrymahoney Posted January 13, 2023 Share Posted January 13, 2023 Also the 'Chubb' in the April France link is Chubb European Group SE. Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted January 13, 2023 Share Posted January 13, 2023 3 hours ago, scubascuba3 said: Chubb seems to be a small player here, I've only seen it once for personal accident which wasn't good cover. Maybe that's the Thai company. I've not seen anyone post that they have Chubb health insurance Chubb used to be somewhat of a niche insurer in the US. They used to specialize in insurance for high net worth individuals that had things like art collections, expensive automobiles and expensive homes. They also were a player in things like professional indemnity covers and other somewhat specialized property and casualty insurance lines for companies. They tended to charge slightly higher premiums than mainstream insurers, but were very good about paying claims. Kind of the Tiffany's of the insurance world. About seven or eight years ago, Chubb was purchased by ACE globally and I think, like all corporate mergers, the corporate culture of the acquiring company prevailed. I think Chubb has probably lost much of the allure that it may have had. It isn't surprising that ACE chose to use the Chubb name instead of its own and I think the Chubb of yore is gone. In my mind, Chubb was not associated with health insurance, but things may have changed after the ACE merger. Chubb's local office struggled a bit back in the day due to its high underwriting standards and higher premiums. I think it remains a small player in the Thai market. Link to comment Share on other sites More sharing options...
blackshadow Posted January 13, 2023 Share Posted January 13, 2023 On 12/8/2022 at 6:01 PM, HampiK said: Thailand is included... it is in the list of restrictions.....i seen it there !!! Link to comment Share on other sites More sharing options...
KannikaP Posted January 13, 2023 Share Posted January 13, 2023 On 12/8/2022 at 6:01 PM, HampiK said: Thailand is included... Sorry, cover is RESTRICTED, whatever that may mean. Link to comment Share on other sites More sharing options...
jerrymahoney Posted January 13, 2023 Share Posted January 13, 2023 (edited) 1 hour ago, Etaoin Shrdlu said: In my mind, Chubb was not associated with health insurance, but things may have changed after the ACE merger. However, again, from the April France brochure linked above, Groupama is the underwriter for medical expense covers and Chubb only underwrites other non-medical expenses covers. These would likely include as on page 11 of the brochure: Additional benefits for all-round protection abroad COMPREHENSIVE REPATRIATION ASSISTANCE AND PERSONAL LIABILITY (PRIVATE CAPACITY): DEATH AND TOTAL AND IRREVERSIBLE LOSS OF AUTONOMY LUMP SUM INCOME REPLACEMENT DURING PERIODS OF SICK LEAVE FROM WORK (their caps) Edited January 13, 2023 by jerrymahoney Link to comment Share on other sites More sharing options...
Etaoin Shrdlu Posted January 13, 2023 Share Posted January 13, 2023 4 hours ago, jerrymahoney said: However, again, from the April France brochure linked above, Groupama is the underwriter for medical expense covers and Chubb only underwrites other non-medical expenses covers. These would likely include as on page 11 of the brochure: Additional benefits for all-round protection abroad COMPREHENSIVE REPATRIATION ASSISTANCE AND PERSONAL LIABILITY (PRIVATE CAPACITY): DEATH AND TOTAL AND IRREVERSIBLE LOSS OF AUTONOMY LUMP SUM INCOME REPLACEMENT DURING PERIODS OF SICK LEAVE FROM WORK (their caps) That makes sense. I would then expect Groupama to issue medical insurance policies and Chubb to issue personal accident and travel policies based upon the information above. Link to comment Share on other sites More sharing options...
HampiK Posted January 13, 2023 Author Share Posted January 13, 2023 12 hours ago, blackshadow said: it is in the list of restrictions.....i seen it there !!! 12 hours ago, KannikaP said: Sorry, cover is RESTRICTED, whatever that may mean. So far I read it, you can choose worldwide, worldwide without US... or only the asian region. IN all the 3 option Thailand is included. Asia area of cover restriction, mean it's not valid in China, Hongkong, Japan and South Korea. Even it's called Asia it's only for certain asian Countries, and it's not cover whole Asia as well.. But anyway, if I would change to VUMI, I would choose "Worldwide excluding USA" as this is the best option for me, as I still travel around. Quote The policyholder can choose geographical area of cover restrictions as follows:Any treatment received outside the geographic area of coverage is limited to the emergency non-elective treatment benefit.• Worldwide including USA elective treatment• Worldwide excluding USA• Africa area of cover restrictionFor insureds residing in Africa, the area of cover will be restricted to: Africa, India, Pakistan, Sri Lanka, Bangladesh, Jordan, Lebanon, Mainland China, and the Philippines.•Asia area of cover restrictionFor insureds residing in Armenia, Azerbaijan, Brunei, Cambodia, Georgia, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Malaysia, Myanmar, Mongolia, the Philippines, Tajikistan, Thailand, Timor-Leste (East Timor), Turkey, Turkmenistan, Uzbekistan and Vietnam, the Asia area of cover restriction will include Singapore but exclude Mainland China, Hong Kong, Japan, and South Korea. Link to comment Share on other sites More sharing options...
timoti Posted January 19, 2023 Share Posted January 19, 2023 So VUMI worldwide is not true worldwide like April? It seems like that, even if you exclude USA, etc. For example VUMI excludes Singapore? Otherwise the included OP seems good. Link to comment Share on other sites More sharing options...
revgreen Posted May 23, 2023 Share Posted May 23, 2023 Been using them for over a year and nothing but good experiences Link to comment Share on other sites More sharing options...
scubascuba3 Posted May 23, 2023 Share Posted May 23, 2023 Just now, revgreen said: Been using them for over a year and nothing but good experiences what claims have you made? Link to comment Share on other sites More sharing options...
revgreen Posted May 23, 2023 Share Posted May 23, 2023 1 minute ago, scubascuba3 said: what claims have you made? A lot of basic stuff -- ear infections, covid medication, etc. Which would include nurses fees, medications, etc. I did several months of physical therapy which entailed therapy plus specialist vists. Several X-rays and 2 MRIs. And currently planning a surgery on my ankle which is also covered. Never had to pay anything out of pocket since I've been using them. Only complaint is that the first time using them at a new hospital can require some liaising between VUMI and the insurance dept to make sure the correct payment guarantees are sent over to establish direct billing. 1 Link to comment Share on other sites More sharing options...
richard_smith237 Posted May 23, 2023 Share Posted May 23, 2023 On 1/19/2023 at 7:32 PM, timoti said: So VUMI worldwide is not true worldwide like April? It seems like that, even if you exclude USA, etc. For example VUMI excludes Singapore? Otherwise the included OP seems good. As with many insurance policies.. You can tailor your cover - but usually once you exclude the USA the difference in premium is not much. i.e. - Full World Wide - World Wide Excl USA, Canada - World Wide Excl. USA, Canada, UK, Japan, Singapore - World Wide Excl. USA, Canada, UK, Europe, Japan, Singapore etc etc... 1 Link to comment Share on other sites More sharing options...
timoti Posted May 30, 2023 Share Posted May 30, 2023 On 5/23/2023 at 3:06 PM, richard_smith237 said: As with many insurance policies.. You can tailor your cover - but usually once you exclude the USA the difference in premium is not much. i.e. - Full World Wide - World Wide Excl USA, Canada - World Wide Excl. USA, Canada, UK, Japan, Singapore - World Wide Excl. USA, Canada, UK, Europe, Japan, Singapore etc etc... Oh ok that's interesting. It would be nice to compare all these 1 to 1, but April this year seem to remove cover limits in all countries except USA, Singapore, Japan. So before it was 1.5M for the one before the best plan, now it's unlimited. That's pretty good also. Link to comment Share on other sites More sharing options...
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