What Your Holiday Travel Insurance Should Cover

Holiday travel insurance is a financial product that protects travellers from medical expenses, emergency evacuations, lost baggage, and more. 

What Your Holiday Travel Insurance Should Cover

If you're going overseas, the chances are that your domestic health insurance won't cover your medical costs when you leave the country. Moreover, if you are involved in a car accident in a foreign land, you can rely on your insurer to provide the financial assistance you need. 

While these elements are important for every holiday travel insurance package, they are not the only things to look for when choosing a service provider. In this article, we'll discuss what you should look for when purchasing a travel insurance policy. 

1. The Type of Plan

The first thing you’ll need to determine is the coverage you will need. There are two main options that you have when it comes to holiday insurance: annual and single-trip plans.

Annual Travel Insurance

Suppose you're a regular traveller looking for year-long coverage. In that case, you'll need an annual insurance policy. This plan will cover you for multiple international trips and is valid for one year from the start date specified in the contract.

Annual insurance is an affordable option for those who travel frequently. However, a single-trip plan may be more cost-effective if you take the occasional vacation once a year.

Single-trip Travel Insurance

This coverage is applicable for an agreed number of days, up to 180 days. You can book a single-trip plan ahead of time in preparation for your holiday. Moreover, you can cover an individual, couple, family, or travel group with one insurance policy.

2. Medical Coverage

Travelling overseas exposes you to different types of food, a new climate, and new living conditions than you might be used to back home. The chances of you being sick or injured are bound to increase while you are away from home. 

It is important to check that your insurance policy offers comprehensive medical coverage that includes a hospital stay. This will provide the assurance that if something goes wrong during your vacation, you can receive the healthcare services you need.

NOTE: Wizz Air passengers who have their flights disrupted can file a Wizz Air claim compensation to make up for any difficulties they may have suffered due to delays or cancellations.

3. Delays

Despite the planning, flight delays are still common, and you may be stuck at an airport for several hours while you wait for your next flight. Additionally, sometimes your luggage can be misplaced, and you may have to wait a long time before it arrives. 

When that happens, you could be left without a change of clothes, food, money, and other resources. This is where your holiday travel insurance comes in handy. Before choosing an insurance plan, always check that this is on the list of things that are covered.

Check if you qualify for compensation for delayed flights by visiting website. There are details and instructions on how to make sure you get compensated for the inconveniences caused by flight delays.

4. Emergency Medical Evacuations

A medical evacuation involves moving a person from the scene of accident to a place where they can receive medical care. 

In the event that you are injured, you need to know that you will have access to emergency evacuation facilities to ensure you are treated timeously.

Always check whether your travel insurance provider offers this type of coverage.

5. Trip Cancellations

No one plans to pay for an expensive trip only to cancel weeks before departure. Unexpected events happen, and when they do, you don't want to lose everything simply because of a change of plans.

The truth is that many hotels, airlines, and cruise ships often require hefty down payments, and if you need to make a cancellation, you may not get any of your money back. Fortunately, checking with the insurer regarding the cancellation reasons with your holiday insurance policy will compensate you for the money you lost.

6. Other Types of Coverage You May Need While on Holiday 

In addition to these essential elements, you may also need coverage for adventurous activities or extreme sports. If you intend to try something with high risks, you should have coverage for any property damage or medical expenses that arise as a result.

What Your Holiday Travel Insurance Should Cover

Sign Up for Insurance with Bubblegum Singapore

Suppose you are looking for an affordable but comprehensive holiday travel insurance plan. In that case, we can help. Bubblegum Singapore, the insurance platform built by MoneySmart, have made obtaining travel insurance a breeze with online applications. 

Sign up for holiday travel insurance today, or contact us for more information!