What are the things to consider in getting a Travel Insurance?
Since Christmas and the New Year is almost upon us, the end-of-year holiday season usually is the perfect time to escape on a well-deserved holiday vacation to a destination abroad, however, many people who travel overseas are still not taking out into consideration a travel insurance.
We all know that travel risks are increasing year-on-year, making it increasingly important that leisure travelers take travel insurance when they go on holiday.
Also, high-profile events such as natural disasters, terror attacks, and medical crises are on the rise worldwide, which means that travel risk management, an important but often overlooked precaution, needs to become more of a priority for people touring abroad.
The number of individuals covered under a policy
If you are traveling with your family, the first thing that you should establish is whether the policy will cover every family member traveling with you. Equally important is to make sure that every family member is covered for full medical care.
The added services
Added services can make a huge difference following an unforeseen event. An insurance package that offers value-adds such as telephonic medical advice, foreign translation services in medical emergencies and delivery of essential medicine if your luggage is lost, should be at the top of your list.
Is my age being taken into account?
Where many travel policies have an age limit of 65, there are specialised policies that provide cover for travelers who are well into their seventies or beyond.
Does the policy cover trip cancellation or curtailment?
If you are stranded in a foreign country because your flights are canceled, it is important to know that your insurance policy will cover the cost of a new ticket, and possibly accommodation during the unexpected extension of your tour.
Also, it is equally important to take into account a situation where you could be forced to cut your trip short due to an emergency back home or some holiday-ending injury.
Does the policy cover high-risk activities?
If you plan on doing something sporty or exciting such as skiing, bungee jumping or paragliding, it is crucial that you first find out whether your policy covers you in the event of injury.
Whatever insurance package you consider, it is vital to compare every aspect of the different insurance product available and to make an informed decision on which insurer would be best suited to your needs.
We here at InsuranceMarket.sg recognise how vital the right insurance policy is to any traveler, which is why our company offers a platform that is fully easy to navigate, with best prices being offered, unbiased advice and secure payment system that allows every traveler to compare travel insurances that suites their needs and budget.
As a last reminder, do remember that a good travel insurance policy should cover a range of things like baggage cover, travel delay cover, ticket cover due to cancellation or curtailment, delivery of essential medicine and arrangements of medical repatriation, and specialised packages for travelers over 70 years of age. So now you know, What are the things to consider in getting a Travel Insurance! Have a great time and get covered properly.