Travel Insurance: Don’t Forget to Put It on Your Trip Itinerary

General Insurance: because there are lots that can go wrong when on holiday!

General insurance covers a wide range of areas. From fire to burglary, theft, accident, motor vehicles, travel and more.
With general insurance, your insurer pays an agreed sum to cover the loss under certain unfortunate circumstances.
General insurance includes property, motor, travel and pet insurance.

Before every #wanderlust Instagram post is (hopefully) a solid travel insurance policy. In your travel budget, be sure to include travel insurance. Travel insurance covers any possible losses due to unforeseen circumstances from before, during and even after an overseas trip. It can cover events such as accidental injury, high medical bills, travel disruption, loss of personal belongings and personal liability.

Person in a plane flying at high altitude taking photo of left airplane wing during daytime — Photo by louis magnotti on Unsplash

According to the General Insurance Association, there are different types of travel insurance:

Single Trip
Annual Cover
Individual Plan
Family Plan

Although specific coverage and benefits differ between insurance providers, most comprehensive travel insurance policies cover personal accidents, medical expenses, travel delays, trip cancellation and loss of baggage.

You should choose a travel insurance policy based on factors such as frequency of travel. If you travel multiple times a year, an annual cover might make more sense than having multiple single-trip policies. The location you are travelling to makes a difference as well. The price of insurance can vary between the different regions (ASEAN/Asia/Worldwide). If the area you are travelling to doesn’t have good medical infrastructure, you might opt for a policy that covers medical evacuation as well.

GENERAL INSURANCE TYPES: TRAVEL INSURANCE. COMPLETED. ✅

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Disclaimer

Content is intended to be used and must be used for informational purposes only and should not be relied upon as financial or other professional advice.