Do you know…?
- Chartis Travel Insurance’s Trip Cancellation benefit starts 60 days prior to departure date (before was up to 30 days prior to departure)? For the same premium you pay, activate travel insurance EARLY once you book your trip!
- Travel Guard offers you protection -“while you enjoy leisure amateur sporting sports, such as scuba diving, water sports, winter sports, skydiving, mountaineering, rock-climbing and trekking.”
With travel becoming increasingly common today, travel insurance in Singapore has become an essential part of any traveller’s overseas journey. Knowing that in the event when something goes wrong, there is someone who would extend financial protection will certainly give you the peace of mind. Hence the search for the best travel insurance policy begins.
As there are many types of travel insurance available to cater to different needs and purposes, it is important to be prudent and exercise caution when choosing one because taking up the wrong policy could lead to time and money wastage.
Do read through the policy carefully to ensure that your needs and protection coverage are included in the terms and conditions. This is especially so if you are planning to undertake high-risk activities such as adventure sports, which are not covered in standard travel insurance. Even if high-risk activities are covered for in a particular travel insurance plan, do note that the coverage could be for a limited period only.
In the course of your search for the “best travel insurance” in Singapore, below are some benefits and coverage offered in standard travel insurance:
Medical Treatment
Should you fall ill or meet with an accident during your travel, you would be covered for the entire medical bill as per the policy coverage opted. There could be limitations in the coverage of ambulance and operation charges as per medical treatment.
Repatriation
The insurance company pays for your safe return after a medical treatment or in an emergency situation arising in the foreign land you travel to. They also ensure that bodily remains are brought home in cases of death.
Trip Cancellation or Cutting Short Proposed Trip
This covers the loss incurred due to cancellation of trip, cutting short of proposed trip, or any emergency reasons like sudden illness or death of your family member.
Missing Scheduled Flight
This covers you for losses incurred in the event of missing your scheduled flight due to emergency reasons. To claim for this, you should have a valid reason for missing the flight. Do note that missing connection flights in other countries may not be included.
Personal Accident
This covers you for personal accident and disability; and also the full medical bill as per the coverage made.
Loss of baggage
This covers any loss of personal baggage or business-related documents during the trip.
Emergency Medical Services
This pays for fees incurred in the rendering of emergency medical assistance such as locating someone in the hospital, ground or air ambulance service and sea rescue operations.
Policy coverage varies widely, hence it is wise to compare between insurance companies or speak to an advisor who will be able to recommend an appropriate policy that matches your needs. Alternatively, you can read up insurance comparision websites for more information. Lastly, do bear in mind cheap travel insurance does not necessarily equate to best travel insurance policy.
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