[Gys]

My general thoughts on choosing an insurance:

1) Take a high deductable (because low means you will pay it every year any way ;-)

2) Take a very high maximum. Because that is what you have an insurance for. If something really goes wrong, you need as much support as possible, for as long as possible.

I have a rather expensive insurance with 1000 / yr deductable and 1 million max (or more, depending on circumstances). I never claimed anything in the 8 years that I have it and I hope it will stay that way for a long time to come.

[SRasch]

This is I suppose a quite wise choice given the preferences you have. Our insurance has lower deductible than yours ($250 for coverage period (not per instance), and lower max limit ($250k). We went with this after asking digital nomads what they would choose among a series of options. We have priced and might need to consider adding a higher max limit option though, thanks for letting us know.

[Gys]

250 is still a figure low enough to feel compelled to keep track of all expenses in a year. And the next step is trying to get a return for that effort by declaring anything higher ;-)

I never reach 1000 / yr so I do not even think of keeping track.

But for an insurance company the human emotion part ('my insurance should cover everything') is probably where the first profit is ?