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I've tried both Blue Cross and Philam AIG travel insurance... my travel insurance last year for a month in the US cost me less than Php1,000 at Blue Cross. While my 10 days in Europe cost me almost the same amount.
I used two different travel agents for my US and Europe trips. It so happens one uses Philam while the other uses Blue Cross. Basically hindi naman nagkakalayo ang premiums nila. Mas mahal lang talaga ng konti ang premuim if Europe ang destination mo.