But there are a host of other factors to weigh up. It is essential to study the small print. Independent advisers can be helpful. When it comes to choosing an insurer you can glean prices and benefit details from the internet, ring round insurers and haggle with the one you like. Local providers may offer a better deal but buyers should be aware of transferability of cover in the event of policyholders' permanent return to their home country.
Premiums vary markedly.
There may be good reasons for this - for example, cover for chronic illness. Or it may simply be that the insurer is not keen for business in the relevant geographic zone. IHI, for instance, is unusual in having a worldwide plan. It does not distinguish between policyholders in the US and other parts of the world. That hardly makes it good value for someone settled in Spain.