Why the need for travel insurance
Frequently Asked Questions
A. Why do I need to buy travel insurance?
Travel insurance provides you with peace of mind in the event of unforeseen circumstances which result in any possible losses before, during and even after an overseas trip. Unforeseen circumstances include cancellation of trip due to serious illness, accidental injury, high medical bills, travel disruption, loss of personal belongings and personal liability. Please see question 4a for more details on the benefits and scope of travel insurance.
B. How do I gauge if the travel cover is sufficient
i) Start with a review of your overall financial circumstances.
ii) Check your current coverage such as your personal health insurance and life insurance to ensure that you are adequately covered.
iii) If you are travelling for official duties or work, please check with your company’s HR
department on the coverage extended to staff on overseas assignments.