When you’re caught in an unfortunate situation overseas, the last thing you want to worry about is money and access to it. Hence, travel insurance has become essential to many travellers. It serves as their only protection against delayed (or worse, cancelled) flights, medical bills racked up in foreign countries and even the loss of vital travel documents (e.g. passports).
Protect Your Holiday Plan
Additional costs might be the last thing you’re looking for when planning a holiday, but let’s be honest: unforeseen circumstances affect everyone. One delayed flight could spoil your entire holiday; cars break down, people fall ill. It’s wise to be economical, but let’s not be foolish to save a few dollars (yes, travel insurance does not have to be that expensive).
What A Good Travel Insurance Plan Should Cover
Ultimately, all travel insurance packages should cover a few basic, medical aspects: overseas medical care, emergency medical evacuation. Beyond medical emergencies, they should cover:
- Travel-related delays (lost/delayed baggage) and accidents
- Offer coverage in the increasingly common cases of insolvent (bust) travel agencies and airlines
- Renting a car overseas – ensure that your package covers mishaps related to your rental car, as many do not
Choosing a Travel Insurance Plan
With so many factors and companies to consider, getting a reliable travel insurance package can seem to be a daunting task.
ACE Travel Insurance and AIG Travel Guard provide comprehensive packages, which are flexible and suit all kinds of travellers – leisure honeymooners and extreme sports enthusiasts will be glad to know that both companies offer packages which feature both overseas and post-journey medical expenses, alongside emergency medical evacuation.
Ultimately, choose a package that suits you and more importantly, your destination. Some risks are more apparent in some parts of the world, while less prevalent in others. Being aware of all these factors will guarantee a true peace of mind when travelling.
Related Posts on Travel Insurance
- AIG Travel Guard
AIG’s Travel Insurance packages are great for people with lots of concerns; many are ‘one size fits all’ types.
- ACE Travel Insurance
ACE Travel Insurance is affordable with a basic plan starting from $8. But you need to pick the right plan that suits your travel style. Find out what are the additional 10 benefits offered by the supreme packages.
- Tenet Travel Insurance
Tenet Travel Insurance offers comprehensive coverage for all with no age limit. During Tenet TravelJoy promotion, discount on single trip plan is up to 45%. Make travel insurance your perfect companion for an enjoyable trip.
- Travel Insurance Plan Reviewed
After spending so much time researching on travel insurance in Singapore, I decided to share my reviews on Singapore’s travel insurance and tips on how to claim travel insurance successfully.
- How to pick the Right Travel Insurance
To travel worry-free, you will want to be covered by travel insurance. Singapore-based insurance companies, e.g. NTUC travel insurance offers easy-to-activate insurance coverage for your overseas holiday trip.