Insurance is always a tricky one – it’s a product you buy hoping you never have to use it. And that often makes it feel like something that you could do without. I’d like to debunk some of the most common myths I hear about medical insurance.

I’m healthy, I don’t need it

You might be at the peak of physical fitness, you may have spent 10 years in Asia without having so much as a sniffle but that doesn’t make you immune to illness or accident. Have you seen the stats on road accidents in Cambodia? They are not pretty. Tomorrow could be the day you get knocked down by a car and break your legs requiring surgery, a lengthy hospital stay and extensive physiotherapy. Even at Cambodian prices that is going to hit your wallet hard and could send your finances into freefall. It’s a risk that is simply not worth taking. 

And what if Cambodia’s hospitals can’t deliver the healthcare that you need? Did you know that a simple medical evacuation to Bangkok costs $23,000? And that’s before you even enter a hospital.

I’m covered on my travel policy

It is possible in the short-term but if you’re away from your supposed home for an extended period of time you may find any claim on travel insurance is rendered invalid. A general rule of thumb for travel insurance is no more than 90 days in one country or one year away from the home country, although this can vary.

Health insurance is too expensive

Your health and wellbeing are the single most important asset you have. Without them, life becomes meaningless. There is a vast range of policies on the market and solutions can be found to balance your requirements with your budget.

I’ll go home if I get sick

That’s all very well but how are you going to get there? If you are that sick, transportation may not be that simple. No commercial airline will allow anyone onto a flight if they are seriously injured or sick which brings us back to the cost of emergency evacuation.

It’s just too complicated

Granted, it can be baffling getting to grips with exclusions, pre-existing conditions and the nitty gritty detail of a health insurance policy. Is repatriation included? Are you covered while travelling abroad? There are a lot of variables to consider but the head-in the-sand-approach is not the way to go.

In my nine years in Cambodia I have seen parents forced to mortgage a property back home to pay for their child’s medical bills and others with no choice but to drain their life savings to cover the cost of urgent medical treatment.

Infinity Financial Solutions provides impartial, tailor-made, personal financial advice to clients in Cambodia and Southeast Asia. Should you wish to contact Paul, please send an email to or visit