Thursday, July 29, 2010

Staying Registered


Oh yeah we decided to stay registered in Switzerland, for many reasons but mostly because once we got to thinking we were a bit confused/worried about the insurance aspect of things. Insurances are complicated and for some reason I couldn’t find ANYTHING anywhere on the web that clearly and simply explained to me how International Insurance coverage works and what happens when you deregister from a country…where is your “home” country when you aren’t registered anywhere? Also, if you deregister from a country you stop paying insurance premiums there, BUT if something serious happens (which is why we have insurance coverage in the first place) then you get repatriated back to your home country where you have no insurance! Doesn’t make sense does it? So, we decided to stay here and although the Swiss insurance coverage is more expensive then the international coverage, IF something does happen we prefer to be covered completely, worldwide and in Switzerland.

We learned something new as well with this whole insurance business, through your credit card company you are also insured for such things as; life insurance and loss of luggage, there are others but those are the two that really stuck out in my mind. Go and ask your credit card company to inform you of what you are insured of through them, you will be surprised!

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