Thread: AVOID A+ International Insurance

Well I am not too sure just yet who I could recommend but I can tell you one company to avoid and that is A+ International Insurance. Last year I was 60 when I took out a policy with them (through Pacific Prime brokers) and the 1st years Policy was around TB25,000 and after a full year of no claim I hoped for at least no rise in the cost of the policy or even a minimal rise - WRONG - a fraction under NINETY PERCENT was the increase for the second year. I thought it must be a mistake and Pacific Prime went back to A+ for confirmation but I was told to pay up or leave and that's exactly what I did so AVOID A+ like the proverbial plague.

Wow, sorry to hear about that. I have never even heard of it.

Thanks for the great news, my comes up for renewal in February. Now I know what to expect.

I got the same treatment, the premium nearly doubled even though I had no claims. I cancelled too. I had also bought my coverage through that Pacific Prime out of Hong Kong.

Thanks for the heads up, guys! Wonder how things woulda gone had you had to make a claim during that first year.......

This is just the reality of private insurance as you age away from the safety net of government or employer protection.
They don't care how long you have paid in, or how little you have claimed.
As you age you become increasingly more of a risk and are charged accordingly.
for an expat, self insurance is the way to go.

Always check whether you are in the last year of an age-band, most begin to escalate sharply at the first year of the next band, e.g. my policy went up more than 40% between 65 and 66. A good agent will provide current rates for each cohort so you can understand what you are buying into. Extremely important to evaluate and decide while you have more options as less and less cover is available as one gets older.

S