Most international health insurance plans, including Genki Native, let you add a deductible to lower your monthly premium.
What is a deductible?
A deductible is the amount you agree to pay out of pocket per insurance year for eligible outpatient medical expenses before the insurance starts covering costs.
This means the deductible accumulates over the insurance year and does not reset per visit or claim.
How it works (example with a €500 deductible):
You incur €300 in covered costs → you pay €300
Later in the same insurance year, you incur another €400 → you pay €200 (reaching the €500 deductible), and the insurer reimburses €200
Any additional covered costs for the rest of the insurance year are reimbursed by the insurer, according to your Insurance Conditions
Choosing a higher deductible typically results in a lower monthly premium, while a lower deductible means higher premiums but less out-of-pocket cost during the year.
🔧 Deductible options
€1,000 per insurance year
€500 per insurance year
€0 (no deductible)
📌 When does the deductible apply?
The deductible applies to all covered costs except hospitalization.
Hospitalization is always covered without a deductible.
The deductible is applied first, and only the remaining costs count toward your benefit limits (for example, the €3,000 dental limit with Premium).
🔄 Can I change my deductible?
You can change your deductible only at the start of a new insurance year. Once selected, it applies for the full 12-month insurance period and cannot be changed mid-year.
📄 For full details, check the Insurance Conditions and Table of Benefits.
If you have any questions, don't hesitate to drop us a chat message or email at help@genki.world.
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