Ask Our Specialists

You are really not missing anything obvious regarding coverage. You should definitely purchase WorldMed and you will not be missing anything compared to Diplomat Long Term. In fact, Diplomat Long Term costs more with no additional benefits and a restriction of $1,000 in coverage for first 30 days of effective date for sickness. If both are from the same carrier AIG, why is it like that? I will explain. But before that, let me give you one example. One small business A has 10 employees and wants to buy group insurance from Aetna. That employer has either older set of people, or several people with major sicknesses. On the other hand, another small business B has 10 employees as well and wants to buy group insurance Aetna. That employer happens to have younger people and most of them are quite healthy. The same Aetna company is going to charge more premium to employer A than employer B even if both employers are located in the same location and are getting the same coverage. Something similar has happened in case of WorldMed vs Diplomat Long Term. WorldMed (and few other products collectively) is administered by Travel Insurance Services (TIS). In other words, TIS got one master policy from AIG, called it WorldMed and started enrolling people into it. And we are helping TIS enroll people into it. Global Underwriters (GU) did the same thing and called Diplomat LongTerm. For whatever reasons, TIS enrolled many more people and had a better claims experience than GU. When the time came for renewal, AIG increased the premiums for GU and also put the $1,000/30 days restriction. That is why you see the difference in price and benefits. Therefore, please go ahead with purchasing WorldMed, available at /worldmed-insurance/ I hope that explains. If you have any other questions, please feel free to post them here or contact us at any time.