Private health care is expensive wherever you are in the world. This coupled with the problems of actually finding the right facilities and expertise, means everyone should ensure that they have the financial and Medical support from a good-quality global insurance plan.

1. DISCLAIMER
This leaflet is intended for information purposes only and should not be regarded as a substitute for professional financial advice.
Tyche Group Limited shall not be liable for any pecuniary loss arising from the use of any information provided herein.
If you wish to receive either more information, a quote or financial advice, please email contact@tyche-group.com.
TYCHE GROUP Suite 1006, 10/F Central Plaza, 18 Harbour Road, Wan Chai, Hong Kong
Tel: (852) 2525 3639 Fax: (852) 2525 3679 Email: contact@tyche-group.com Website: www.tyche-group.com
Registered intermediary with the MPFA Member of the HK CIB
INSURING YOUR HEALTH
Your health is precious. If you fall sick and cannot work, you will
need money to pay the bills.
A recent Harvard study noted that statistically, ‘Your family is
just one serious illness away from bankruptcy.’ This study
also concluded that, ‘62% of all personal bankruptcies in the
U.S. in 2007 were caused by health problems and 78% of those
filing had (inadequate) medical insurance at the start of their
illness.’ This study alone should prompt you to review what you
have.
‘If you are an expatriate travelling and working abroad, you
risk your health, your savings, your job, and the stability of
your life abroad, including the welfare of your family,
without international private medical insurance in place.’
Individual expatriates hoping to fund their own private health
care should be warned that an expensive claim has the
potential to wipe out all of your personal savings and leave you
with substantial debt.
The Risk of Relying on Local Health Care
You could be in danger of risking your health if you intend to
rely on local health care facilities. If local health care facilities
are sub-standard, you may receive inadequate treatment with
no way of being evacuated to an appropriate facility elsewhere.
This could also mean you take longer to recover and develop
complications, the longer you are away from work, the less
likely you are able to draw a full salary or even return to your
job.
The Downside of Local Health Insurance
If you travel frequently, then domestic insurance is unlikely to
cover you outside of your country of residence. Because
domestic policies are linked to facilities within your adopted
country, you will find that you have no means of requesting
appropriate treatment elsewhere.
This means you will need to return to your country of residence
for treatment costing you time and money.
‘Expatriates around the world rely on Global Health plans at
the worst of times, to guarantee the best results.’
FALSE ECONOMY FOR GROUPS
For a Company, health insurance represents a fraction of your
company's total salaries bill. As an employer without cover, your
company will need either to meet expensive treatment or face
losing staff for extended periods of sickness and run the risk of
employees facing real financial hardship.
By ensuring your workforce receive fast quality medical
treatment to aid successful recovery and get them back to work
quickly, your company is more likely to retain the high-calibre
employees that your business needs to continually thrive and
succeed.
‘A company with 30 employees could provide private health
care cover for each employee for approx USD 2.50 a day,’
Private health care is expensive wherever you are in the world.
This coupled with the problems of actually finding the right
facilities and expertise, means everyone should ensure that
they have the financial and Medical support from a good-quality
global insurance plan.
MEDICAL COSTS AROUND THE WORLD
• Leukaemia in Singapore US$ 90,000
• Pneumonia in South Africa £ 87,000
• Cerebral malaria in the UAE US$ 68,000
• Breast cancer in the UAE US$ 64,000
• Road accident injuries in Taiwan US$ 50,000
• Dengue fever in Indonesia US$ 30,000
• Torn Achilles in Belgium € 24,000
• Heart attack in Indonesia US$ 24,000
• Skin cancer in Sri Lanka US$ 22,000
• Fractured knee in the UK £16,000
For a no cost phone consultation, just email contact@tyche-
group.com enter the word ‘Medical’ in the subject box along
with your name and phone number and a Tyche Representative
will call to discuss your needs.