Should I Extend Travel Insurance Policy Or Not?

[advancebooking]

I arrived in the LOS last december and my travel insurance policy from oz runs out in a week. I called them to extend and they are quoting a huge amount to extend past the normal 12 month period. Its basically double the amount based on the number or days that I want to extend to march next yr.

I dont know if I should bother to pay twice the price to this greedy insurance company. I have ample cash in my bank account should something go wrong.

any opinions are much appreciated

[CodyB]

It's so dam_n important.

I work in the travel insurance industry. I'm bombarded with stories from South East Asia everyday. Some poor bastard lost his arm in a Phuket motorbike accident. It wasn't his fault, yet they were trying to sue him! He was medically evacuated to a Bangkok hospital which is affiliated with our company and we paid his medical bills and his flights home. $27,000.

Unless you're over 70, your premium won't be more than $10 a day, surely? If not, maybe you're best to fly home and return again. A comprehensive travel insurance with the right company will protect you healthwise and keep you away from some of the undesirable characters that pop up in a very corrupt country. You'll be treated at hospitals for the wealthy.

Which company are you with?

[WilliaminBKK]

I'd shop around and see if there are better options available, I wouldn't personally be without insurance.

I use http://www.worldnomads.com/ for my leisure travel.