Enter your e-mail address below
to reset your password.
Please activate your registration
by clicking the link in the activation email
or click submit to resend the activation email.
Please check your spam folder too...
Check your mailbox to activate your registration.
Please check your spam folder too.
Hungary's travel insurance market expanded 16% in 2005, generating revenue from premiums of Ft 8.6 billion, according to figures from the Hungarian Association of Insurance Companies (Mabisz).
Still, there is much room for growth, according Péter Horváth, director of the travel insurance branch at Mabisz. Only 35% of the 18 million Hungarians who traveled abroad in 2005 bought insurance for their trips.
The proportion has stagnated because many Hungarians mistakenly believe all of their healthcare costs are covered in other EU member states. However, Balázs Lengyel, head of the National Healthcare Fund Administration (OEP), noted that Hungarian health insurance cards cover only a part of the cost of treatment in other member states.