Surely you said at least once that “this cannot happen to me” and, although no one likes to think of the worst when go on vacation, it’s important to have everything insured. If you are going to Singapore, make sure to get the best travel insurance in SG. That’s why when you’re on a trip, even if we’re just talking about a city break, it’s important to have travel insurance. And before you buy a travel insurance you need to know what you are paying for.
Why do you need a travel insurance?
The cost of medical services abroad can amount to tens of thousands of euros. Surely no one wants to pay an astronomical sum from his own pocket. And if your luggage is lost, delayed flight or the travel must be interrupted, you can get compensation from your insurance company.
What travel insurance do you choose?
Travel insurance rates vary depending on the type of policy (you can choose between medical insurance with or without cover in the case of luggage loss, a policy that includes extreme sports, etc.), the duration of the trip and the destination.
Depending on the amount you pay for the insurance policy, you have more or less benefits included. Before buying a travel insurance, be very careful about the amounts settled for services (generally, cheapest policies provide a fixed amount for various services, which, in most cases, do not fully cover the expenses and risk to wake up that you have to take out a considerable sum from your pocket to cover the difference).
Where you need to be careful before purchasing a travel insurance
Choose a recognized company on the market for quality of service, timely payment of damages and customer satisfaction index. Read carefully the services included in the policy, but especially exclusions that are not covered (for example, climbing, skydiving or bungee-jumping are considered dangerous sports and are not covered by the insurance policy). For extreme sports enthusiasts there are special insurance coverage for all adventure sports. The insured amount is higher, and the policy includes travel expenses from the event venue to the nearest medical unit. Of course, the cost of the insurance is higher.
Does travel insurance include the loss of luggage?
Although the airline is guilty of a delay or loss of your luggage, if it does not offer you damages, you can get it from the insurance company. It is very important to specify before buying the policy that you want your luggage to be secured; in the vast majority of cases, standard insurance does not contain this option.
What are the steps to follow if you have a medical emergency abroad?
If you have a medical emergency and you are insured you must first call, within 48 hours, to the registered telephone number on the insurance for assistance. From there, you will be directed to a nearby facility where you will receive medical attention. If you do not follow these steps, the insurance company may refuse to indemnify you. Sure, if you are not physically fit, another person (relative, friend or even hospital staff) has to do this.
Depending on the type of insurance you have, you may have to pay the medical expenses on the spot, then the company will settle them. There is also the possibility that these medical expenses are taken over directly by the company. If you are not insured, you will have to pay out of your own pocket all the medical expenses; depending on the services you need or the territorial area, they can amount to tens of thousands of euros. Check this out.
Although some insurance companies say it’s important just to know the policy number and the telephone number for assistance, it’s still good to have the insurance with you throughout the trip so that you can make physical proof that you are insured.
Which medical services cover travel insurance?
Depending on the amount you pay for the insurance policy you have more or less benefits included. Standard travel insurance includes emergency medical expenses and sanitary repatriation.
A comprehensive travel insurance also covers transportation to the medical unit, hospitalization, medication and dental expenses. In addition, quality travel insurance can also cover additional risks such as delay or loss of luggage, interruption or cancellation of travel, civil liability, loss of documents, and special risks such as bankruptcy of airlines, inappropriate services onboard of the airplane or cancellation of connecting flights or even departure during the scheduled voyage.