IMO for investors, traveling overseas without the right insurance is one of the riskiest things they can do. If you get hurt - which is entirely possible in a foreign land (particularly in poorer countries with high crime) - and need specialist care, you could be up for hundreds of thousands of dollars. Mum's friend had a stroke in Singapore and her kids had to start selling assets to cover for the 250k hospital bill. An important part of investing is mitigating risk and this to me is one of the biggest. So I don't trust these "free" policies, I bet they will try every angle to get out of a claim. Proper insurance is so cheap anyway why take the risk. I always spend the $150 or so to make sure I'm properly covered.