There is some rule-of thumb, must know travel insurance coverage knowledge you should bring along with you in case you experience travel inconvenience or hiccups, little or large, whether you are taking a maiden trip on a plane, going on a honeymoon with your newly wedded wife or husband, or doing a reunion roadtrip with your best friends.
In fact, not many people are aware, travel insurance is the probably the wisest and most useful form of travel companion you can find! Whilst many whom have habitually travelled without any travel insurance coverage always cite these reasons for doing so – “Aiyah, travel insurance companies is lying la, they just want to scare you with travel horror stories to make you buy insurance!” and “Why can’t we just get the common medicine over the counter at the local pharmacy? I’m sure it is more convenient to do so!”. The truth is, unexpected events do happen when you travel and they would warrant more of your immediate attention than hear-say selling tactics of insurance companies, and most of the time, these events cannot simply be solved by band-aids. These are some must know travel insurance coverage to help you discern the best travel insurance policies out there.
Medical expenses benefit provides cover towards the costs of emergency medical and surgical treatment while you are away from home. A quick tip – travel insurance covering dental treatments due to accidents are more attractive than ones that don’t. If you are an adventurous person and love to explore off the beaten path, emergency evaluations will be your life saver if things ever go wrong. This means, costs of emergency repatriation (for medical reasons) back to Malaysia is covered. Also, a good travel medical benefit would also have assistance services – in your own language, be it Bahasa Malaysia, Mandarin or plain ol (Malaysian) English – to locate a suitable medical facility and arrange transportation. Ultimately, the aim is to keep you alive and give you the best possible chance at fast recovery when you’re sick or injured at a foreign place.
This insurance coverage is useful when you have to cancel or shorten your trip eg a family member suddenly passes on, as this covers you for any travel and accommodation costs you have paid and can’t use or claim back.
One caveat though – most travel insurance companies in Malaysia have stipulated that travel insurance must be purchased at least 2 weeks before the trip, in order for trip/deposit cancellations/curtailment benefit to be claimable. Only cancellations in certain circumstances can be claimed, hence do check the terms and conditions in the travel insurance policy you are interested to buy.
This must know travel insurance coverage takes care of costs of additional accommodation and travel expenses if you miss your departure flight, boat or train due to situations outside of your control – such as your car breaking down, being involved in an accident or public transport being delayed. Unfortunately, missed flights caused by your own lateness is not covered, and generally, insurance companies will need proof of your said circumstances that resulted in missed departure.
If an industrial action, adverse weather or mechanical breakdown which results in a delay in your travel plans, insurance companies will reimburse you for any additional transportation costs or additional expenses for meals and lodging. A caveat, AirAsia’s periodic flight delays usually does not constitute a typical travel insurance claim – usually, this benefit can be claimed from the insurance companies if delays are more than 6 hours.
Loss of Baggage/Personal Effects Cover
Next up, this travel insurance coverage reimburses you for the value of lost luggage and the personal items inside, if your baggage if it is lost, stolen, damaged or destroyed on the transportation carrier, be it bus, train, car, ferry or flight) or in your hotel.
Personal Liability Cover
This must know travel insurance coverage covers you if you, due to your negligence and not due to malicious or deliberate intent, are legally liable to pay damages due to accidental bodily injury to someone or for loss or damage to someone’s property. The consequential cost of these damages is usually pretty hefty therefore in the unfortunate event that you get involved in such incidents, you can be assured that your insurance has your back.
Extreme Sports Cover
Extreme sports insurance cover is for those taking part in extreme sports and adventure sports top up policy to add to existing policies. For instance, if you are looking for a cover for your ski trip, this insurance coverage is good to cover your own or hired winter sports equipment, loss of ski pack, piste closure and avalanche delay. If you’re scaling Mount Rinjani in Indonesia, this must know travel insurance coverage takes care of necessary medical treatments due to any injuries obtained during the hike.
We are confident that this article has armed you with sufficient bullets to help you look out for what constitutes the right travel insurance plan, one that includes all the must know travel insurance coverage mentioned above. We also hope that you are now convinced more than ever, that travel insurance indeed, the most reliable travel companion. In fact, most travel insurance products out there does not require you to break the bank – there is a saying that if you cannot afford travel insurance, then you should not plan to travel in the first place!
Now the good news! PolicyStreet is collaborating with Allianz to bring to you their bestselling online product yet – Allianz Travel Care, the comprehensive travel insurance plan, right on our PolicyStreet platform. Allianz Travel Care tackles each and every benefit highlighted in the article, giving you the comforted peace of mind when you travel and make beautiful memories. There are 8 travel plans in total catering to all needs of travellers, to all possible travel lengths and travel insurance premiums start from as low as RM15/trip. Allianz Travel Care is available for domestic and international travel therefore you can be assured of an extensive worldwide coverage.
The information above set out what to look for, but if you want to know in detail the options available in Allianz Travel Care, you may refer to them here. Don’t let pesky travel mishaps ruin the holiday of your lifetime – get protected now!