All holidaymakers are advised to have insurance cover when they are traveling to protect themselves against unexpected circumstances. This is especially true for Singaporean residents who are going overseas for a holiday. In Singapore, travel insurance is not required when you travel abroad. The following are some of the benefits of travel insurance;
Ensures you can continue to pursue your favorite hobby or activity during your holiday if anything unforeseen happens such as accidents and injuries. For example, if one falls off a horse, breaks an arm while skiing or diving into the sea, and damages oneself, travel insurance will ensure that the medical treatment is covered. The damage to property such as the rental of ski equipment, diving gear is also taken care of by insurance.
Insurance companies will cover the costs of expenses if your scheduled flight is delayed or canceled due to unforeseen events such as bad weather or air traffic control strikes. They also cover additional costs associated with your holiday not covered in your travel package such as the cost of airfares to fly you home.
The costs of your holiday are protected should the pre-booked hotel rooms be overbooked or flooded due to unexpected bad weather conditions. As well, if your tour operator cannot honor the full amount that was reserved for your holiday, it will be covered by your insurance policy. If you are unable to go on holiday because of illness, your insurance can cover costs for alternative arrangements.
insurance plans are available in most countries around the world nowadays at affordable prices with flexible coverage options that best suit your needs. It is always advisable to check with the insurance provider if you are heading to a country that has high risks of terrorism or war if your insurance policy will still be valid especially if the terrorist attacks are not localized to just that country.
The insurance plans also come with 24/7 customer support services should you need to contact them for any reason while on h.oliday. They can cover costs such as sending a replacement key if it is lost while you are away on holiday to arranging for alternative accommodation if yours is not ready when you arrive
The insurance also provides your family with peace of mind should anything happen to you while you are traveling. They can be informed immediately and arrangements can be made should they need to come over to join you at your destination should the need arise.
Most insurance companies also cover the cost of medical treatment for pre-existing conditions you have before you leave on your holiday. A travel insurance company will not refund any claims made by a policyholder if they are found to have any pre-existing conditions or illnesses when their policy is taken out.
If you are traveling with family members, most Benefits of travel insurance companies can cover dependents up to a certain age such as 18 years old. If your child falls sick while on holiday, you can be assured that all medical expenses will be covered immediately by having an insurance plan in place.
