Showing posts with label Travel Insurance. Show all posts
Showing posts with label Travel Insurance. Show all posts

Sunday, December 13, 2015

Travel Insurance Primer

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 Have you ever thought of yourself having a wonderful time basking in the sun and sitting in the beach and sipping a cool beverage and watching the sea and feeling the cool salty breeze of sea wind? But what if you get sick on your vacation, had an accident while trying to surf because of the heavy waves, or your airplane had engine trouble and crash landed to the sea?

It may sound morbid, absurd and far-fetched but what if these things happen to you?

Travel Insurance:

What it can do for you

It is a type of insurance that provides the insured with comprehensive shield from accidents, illnesses and other travel related difficulties or bad situations we might encounter. This type of insurance is ideal for holiday makers or even frequent travelers either domestic or overseas.

Premiums of travel insurance

Rates of travel insurance may vary depending on the available packages offered by the insurance companies whether it will be a domestic travel or international travel. Domestic travel insurance (travel within the Philippines) for one to four days at P230 with P500,000 worth of insurance coverage; international standard travel is at P282 for one to four days with P1 million worth of insurance coverage, international comprehensive rates at P562 for one to four days with P2.5 million worth of insurance coverage.