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.