7 Benefits of Travel Insurance

The benefit of travel insurance is to cover all the risks you face during the trip. Whether it's the risk of accidents, changes in travel schedules, to loss of property.

 

This protection product is important so that your trip is more comfortable and safe. Some tourist destinations even require tourists to buy travel insurance before visiting.

 

Well, if you are planning to travel, let's understand first what are the benefits, types, and examples of travel insurance products on the market! Check out his review in the following article.

 

The Benefits of Travel Insurance

 

 

There are at least 7 benefits that you can get by using travel insurance. The following are the benefits or advantages of travel insurance:

 

Compensation for travel inconvenience

Travel insurance will cover any inconvenience during the trip, starting from flight cancellations or flight delays.

 

Well, if your flight suddenly cancels, The insurance provided is different, it can be in the form of a free stay at a hotel or in the form of cash.

 

Compensation for lost or damaged baggage

When traveling by plane, of course there will be a risk of baggage arriving late, damaged, or even lost. Well, travel insurance also covers this risk by giving you compensation.

 

Compensation if lost money or documents

Losing money and important documents such as passports on a trip can be very inconvenient. The travel insurance product will give you cash as compensation for the loss plus the cost of handling passport documents.

 

Legal assistance

Although not all, some travel insurance products offer third party legal liability coverage in the form of legal assistance.

 

So, if you experience a legal case at your destination, you can get compensation from insurance to pay for a lawyer.

 

Coverage for medical treatment and emergency evacuation

The 5th travel insurance benefit is medical expense coverage accidents, as well as emergency evacuation if the visiting country experiences riots. So more or less this function is similar to accident insurance.

 

Death benefit

If an accident on a trip causes death, travel insurance also protects the life of the insured by providing a death benefit.

 

Residential protection

Some travel insurances also offer home insurance facilities, which are to protect the house that is left behind while you are traveling. Generally, the protection provided is the risk of fire and theft.

 

What is travel insurance

Travel insurance is protection or protection provided when you are going to travel. Broadly speaking, this insurance protects you if you experience a loss or travel inconvenience.

 

For example, if the flight schedule is suddenly delayed, has an illness while traveling, experiences loss of goods, and so on.

 

Because it is used to protect you when travel, this protection product is usually purchased when going to travel. In some countries, using travel insurance is mandatory before you visit the country.

 

Travel insurance

After understanding the benefits, of course you are curious, what are examples of travel insurance that you can buy? Here are some of them.

AXA . travel insurance

AXA travel insurance offers two policies, namely Smart Traveler and Domestic Travel. Both offer travel insurance benefits that are quite complete, including personal accidents, flight schedule changes, baggage losses, to loss of money.

 

The difference between the two policies is only in the area of ​​travel destination and the amount of premium, where Smart Traveler covers foreign travel and Domestic Travel covers domestic travel.

 

Now, for individual trips to the Asian region, AXA travel insurance customers only need to spend Rp. 65 thousand, you know!

 

Allianz travel insurance

Insurance Allianz offers protection at a low premium, which is only IDR 30 thousand per trip! This policy can cover both domestic and international travel.

 

There are five policy variants that you can choose from, ranging from TravelPRO for comprehensive coverage, New Annual TravelPRO for annual protection.

 

There is also Allisya New TravelPRO for those who are looking for sharia products, TravelPRO Group for those who want to go together, to Garuda Travel Insurance for those who fly with Garuda Indonesia.

 

ACA travel insurance

ACA offers travel insurance benefits through two types of policies, namely New Travel Safe Individual for solo travel and New Travel Safe Family for family travel.

 

This ACA travel insurance product covers domestic and international travel for the risk of accidents and loss of property.

 

Chubb travel insurance

Chubb Insurance divides its travel insurance products into two, namely for domestic and international travel. The premium you need to pay is very which ranges from Rp. 30-300 thousand only!

 

With only that much premium, you can get complete protection ranging from medical treatment up to Rp. 2.6 billion, the risk of damage to property and baggage, to emergency medical evacuation.

 

That's a review of the types, examples, and benefits of travel insurance that you need to know. Let's prepare yourself with insurance before going on a long trip so you don't have to worry about it later!

 

If you have questions regarding other insurance benefits as well as get recommendations for various insurance products in Indonesia!

 

Types of travel insurance

Not all travel protection products provide the same coverage. This insurance is divided into several types, namely:

 

Domestic travel insurance

Domestic or domestic travel insurance benefits only apply if we travel within the country. Therefore, the premium offered is also relatively lighter.

 

international travel

Meanwhile, international travel insurance benefits apply worldwide. Some insurance companies group destination countries according to continents, namely Asia, America, or Europe.

 

Well, you must have international travel insurance if you want to travel to Europe, because they require it as a condition for making a Schengen visa.

 

One-way travel insurance

One-way travel insurance benefits are valid for one trip only. Generally, insurance limits the time of protection, for example to 180 days.

 

Annual travel insurance

The annual travel insurance benefit is valid for one full year. This product is suitable for those of you who travel very often, so of course the premium amount is much more economical than buying one way. Usually the time limit of annual travel insurance coverage is shorter than one-way products.

 

In addition to protection during the trip, you also need to protect yourself as a whole. Wrong You can do this by using life insurance.

 

Life insurance will provide protection through the provision of sum assured when the insured dies or is completely disabled due to an accident. Later, the sum assured will be given to the heirs.

 

If you are interested in using life insurance but are still confused about making the right choice, try taking the quiz on the best types of life insurance.

 

Questions about travel insurance benefits

 

What is travel insurance?

Travel insurance is a financial management product that offers travel coverage benefits for risks while traveling. Examples of risks in question are accidents, loss of property, or changes in travel schedules.

 

Travel insurance is almost the same as airline insurance. Aviation insurance is a financial guarantee product that can cover compensation due to the risk of accidents during airplane flights. Generally, every airline has included this program in their ticket for each passenger.

 

Why is it important to have travel insurance?

Financial protection from travel insurance is important to cover various kinds of risks that may occur when you are traveling. Because, on the way, there will indeed be risks that are sometimes difficult to avoid. Insurance plays a role in minimizing the losses that you will experience when a risk occurs.