Economy13:17 · 18m ago

Israeli Platform Enables Travel Insurance Purchase Up to One Week After Departure Abroad

Behadrei HaredimReligious
Translated & summarized from Behadrei Haredim by baba
The story · English

Most Israeli insurance companies prohibit buying travel insurance after leaving the country to prevent people from purchasing coverage only after falling ill or getting injured abroad. This leaves thousands of Israelis traveling without any financial safety net against potentially massive medical expenses overseas. To address this gap, the leading Israeli travel insurance comparison site, Shuk HaBituach, has launched an exclusive solution allowing travelers to purchase insurance up to seven days after departing Israel.

Boaz Katzir, CEO of Shuk HaBituach, explained that the extension from the usual 48-hour window reflects the reality of spontaneous trips and forgetfulness amid busy lives. The process requires a mandatory phone call with a certified representative who conducts a brief medical questionnaire and issues immediate coverage. This prevents fraud and ensures the traveler’s current health status is verified. If the traveler cannot receive incoming calls abroad, a close family member’s Israeli phone number can be used to complete the process.

The insurance purchased this way carries a higher premium, several tens of dollars more than standard policies, due to the increased underwriting risk. Katzir emphasized that this additional cost is minimal compared to the potential expenses of emergency hospitalization, medical evacuation, or surgery abroad, which can reach tens or hundreds of thousands of dollars.

This initiative exemplifies Shuk HaBituach’s dual approach: a fast digital comparison engine for pre-trip insurance purchases and a proactive, human-centered service for travelers who find themselves uninsured abroad. Travelers who discover they lack coverage after landing overseas are advised not to panic but to contact the platform within seven days to secure insurance and protect their trip financially.

Read the original at Behadrei Haredim
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