Originally Posted by kinneyrob

I too noticed the grandiose and generous claims of this company on their website. I noticed the long list of "employees" or "directors" or whatever. And I noticed that they are based in Birmingham. I also noticed that the website, though reasonably OK, is not completely professional. It seems a little low budget. So I asked myself, "How can these people afford to pay $100K flight bills because someone says they want to go to their home hospital in Paducah?" That just seemed like BS.

So, I called them. A nice lady answered immediately and I asked her where their financial information was on their website. She said that they were backed by Lloyd's of London and I told her that I know enough about Lloyd's to know that if they back a risk, they issue a certificate. She went away to talk to someone and came back and said that they did not have it on their website. I asked, "Do you have any proof anywhere of financial stability?" She said they have "sold over 22,000 memberships." This means nothing to me because I don't know what they did with the money and over what period that was. I told her I did not care if the financial information was on their website, though I think it should be if they have it, but do they have it anywhere and can I see it? She said she'd have to get back to me and took my email address. I have not heard anything yet but will update this post if I do.

Ladies and gentlemen, although I have no experience with this company other than what is stated here, my trained and skeptical eye indicates to me that this company is probably a scam waiting to happen. I trust people right up until I can't trust them any more, and failing to give ANY financial information to the few smart people who ask for it is, to me, proof that their financial picture is probably dismal. I don't think they are backed by anyone. I am not doubting the testimonials only because I don't have any info that they are falsified, and they do mention full names. So I think they have probably had a few claims and that they have paid them. I suspect that they have been able to pay those claims by using current cash flow, but that if they had any real stress on their system they would fall apart like a cheap watch. If there were any real Lloyd's relationship they would paper the house with it.

These are my opinions based on 41 years of learning to avoid getting screwed, mostly. If I were buying this sort of insurance, which I am for trip we are taking to Africa this month, I'd buy it from a very strong insurance company and leave these MedjetAssist guys to sip mint julips at their country club in Birmingham with someone else's money.