Tips for choosing the best Travel Insurance coverage
Aug 27, 2021
A vacation should be your moment to unwind and relax instead of worrying about life’s daily problems. Sadly, it turns out that not everyone can enjoy themselves in such calm and comfortable conditions, as there can be a whole host of new stress’s when you’re travelling. Thankfully all of it can be solved with travel insurance. Traveling with travel insurance can be more convenient for your peace of mind. If something were to happen to you before you leave your origin country or while travelling you could relax knowing it would be covered and compensated for by insurance. For example, you can get compensation for flight rebooking fee, loss or damage to baggage, guaranteed medical care costs and compensation for injury or death. Travel insurance is not just for those vacationing, it is just as important for those who travel because of business. Usually, it will be covered by your company, so it is directly included in your ticket. Reliable and caring companies will endeavor to look after their employees to the best of their ability and their insurance should reflect that. Sadly, a great number of travelers overlook travel insurance as they feel its costs are not worth its benefits. Not to mention those people who are interested, but don’t know how to choose the best plan for themselves. Before making your choice, we recommend reading the reviews below. Several points can be taken into consideration before purchasing travel insurance. Adjust it to your own personal needs and you will see how beneficial it can be.   Types of Travel Insurance Not many people realise, but travel insurance is not a one plan fits all type, there are actually many different kinds. They all vary in price but generally the cheapest option offers broad legal protection to the more expensive options that offer comprehensive coverage for medical bills and travel delays.  However, expensive insurance is not necessarily helpful if it does not suit one's needs. Before further discussing what kind of travel insurance is appropriate, you should first find out about the different types on offer below:   1. Single Trip Insurance Single trip insurance is the same as one-time travel insurance. Thus, this protection only applies per trip. A person can benefit while still traveling within the set timeframe. This type of insurance is suitable for those who rarely go on a trip within one year period. In terms of price, single trip insurance is also cheaper than other programs.   2. Annual Travel Insurance There are many different designations for this type of travel insurance program. Generally, people are familiar with the annual program. However, whatever the name suggests, someone who buys this insurance will get benefits throughout the year. Protection is provided for a whole year when a person travels. Usually the insurance company will set the benefits so that the beneficiary can receive protection for unlimited trips during a one year period of cover. This type of insurance is suitable for those who frequently travel, either for business of family visit. It saves them from having to get individual insurance every time they travel. Protection will be provided to the beneficiary throughout the paid for period.   3. Individual Travel Insurance This type of travel insurance is seen from the number of insured. As the name implies, insurance benefits only apply for one person. This is what is commonly used by business travelers or people who like solo trips. For some public transportation, this kind of travel insurance is usually included in the ticket. But the protection is standard, so one does not get comprehensive protection. If you want complete safety, you can add to it by buying travel insurance from other companies. The price maybe a little higher, yet the cost is fair for a sense of security and tranquility.   4. Family Travel Insurance This type of insurance can protect you and your whole family which usually consist of 2 adults and unlimited number of children. If we count the numbers, family type travel insurance is cheaper than buying individual travel insurance for each adults and children.   5. Domestic Insurance Currently, there are many different travel insurance options in Indonesia. The companies that offer it also have a variety of programs. The protection provided from domestic insurance is now fairly complete, ranging from reimbursement of cost due to travel disruption, coverage of hospital costs and accidents, or compensation in case of death or permanent disability during the trip. For those going on risky trips or to new areas, it is best to start the journey with this insurance. Even if it is unused, it is better to be safe then sorry.   6. International Insurance As opposed to domestic insurance, this insurance means covering someone's travel abroad. For some countries, for example countries in Schengen area, purchasing travel insurance is mandatory before you are able to enter. A person can be denied entry if they do not have travel insurance. This is a not a bad thing, just further motivation to make sure you look out for yourself and anyone you’re travelling with. Make sure when travelling to a new country that you choose travel insurance which has many different partners, giving you a wide safety net and greater options for hospital care, emergency services and so on if needed.   Things to Note when Buying Travel Insurance Before buying travel insurance, it's worth considering a few things below. When going with a partner or family, invite them to sit together and discuss for a moment as to what your goals are and what would work best for all of you.   1. Company Credibility Don't be tempted just by promotional offers or low prices. Remember, this insurance is to protect yourself and whoever you are travelling with, you don’t want to go for an option that won’t be there for you when you need it. For those who are buying travel insurance in Indonesia, pay attention to whether the company is under the supervision of the Financial Services Authority (OJK). If so, then the company is completely legal. Make sure to consult with your trusted Travel Agent so that they can refer you to a recommended travel insurance company. Find out that insurance company, starting from it’s benefit, purchasing scheme, and the most important part is the claim process. Don’t forget to choose travel insurance that gives you protection before, during, and after your trip.   2. Protection Amount An applicant needs to know the price of what they are applying for. You want to compare the cost of insurance with the benefits on offer and see how various companies compare to one another in order to find the best deal. If you want to buy group travel insurance, try first to calculate how much the price per person is. It could be cheaper if purchased separately per person. Usually bundling prices for groups are lower though and often it is the best way to go.   3. Time Ideal travel insurance is insurance that provides protection as long as the beneficiary is still on the go. Don’t pay for more then you need, and find insurance that works for your timeframe. Avoid purchasing insurance that will not cover your entire trip as well, as you are placing yourself at increased risk. For some other points, such as baggage claims, it is important to note how long a person can make a claim and the processing time. The sooner the benefit is provided, the better the insurance company guarantees the comfort of one's trip.   4. Scope of Protection Scope of protection usually relates to how well covered you are under a certain insurance plan. Generally speaking, the more expensive it is the more you are covered with additional benefits. All travelers will have different circumstances and different needs and travel insurance is designed to reflect that. You should be looking for the insurance that will work best for you and your own unique situation.   5. Current Health Conditions You should pay attention to your health before travelling. If you are feeling sick or not at 100%, we recommend waiting till you have recovered to travel. Sometimes we don’t have the luxury of choice though and must leave even while we are sick. This is yet another reason to consider travel insurance. Be truthful and declare your current medical condition to the insurance company. It’s very common for insurance company to not include protection against certain existing medical condition of the beneficiary. It is very unpleasant if in the end your medical bills are not covered by the travel insurance.   Look out for yourself! Do the right research and work out what travel insurance works for you.

A vacation should be your moment to unwind and relax instead of worrying about life’s daily problems. Sadly, it turns out that not everyone can enjoy themselves in such calm and comfortable conditions, as there can be a whole host of new stress’s when you’re travelling. Thankfully all of it can be solved with travel insurance.

Traveling with travel insurance can be more convenient for your peace of mind. If something were to happen to you before you leave your origin country or while travelling you could relax knowing it would be covered and compensated for by insurance. For example, you can get compensation for flight rebooking fee, loss or damage to baggage, guaranteed medical care costs and compensation for injury or death.

Travel insurance is not just for those vacationing, it is just as important for those who travel because of business. Usually, it will be covered by your company, so it is directly included in your ticket. Reliable and caring companies will endeavor to look after their employees to the best of their ability and their insurance should reflect that.

Sadly, a great number of travelers overlook travel insurance as they feel its costs are not worth its benefits. Not to mention those people who are interested, but don’t know how to choose the best plan for themselves.

Before making your choice, we recommend reading the reviews below. Several points can be taken into consideration before purchasing travel insurance. Adjust it to your own personal needs and you will see how beneficial it can be.

 

Types of Travel Insurance

Not many people realise, but travel insurance is not a one plan fits all type, there are actually many different kinds. They all vary in price but generally the cheapest option offers broad legal protection to the more expensive options that offer comprehensive coverage for medical bills and travel delays. 

However, expensive insurance is not necessarily helpful if it does not suit one's needs. Before further discussing what kind of travel insurance is appropriate, you should first find out about the different types on offer below:

 

1. Single Trip Insurance

Single trip insurance is the same as one-time travel insurance. Thus, this protection only applies per trip. A person can benefit while still traveling within the set timeframe.

This type of insurance is suitable for those who rarely go on a trip within one year period. In terms of price, single trip insurance is also cheaper than other programs.

 

2. Annual Travel Insurance

There are many different designations for this type of travel insurance program. Generally, people are familiar with the annual program. However, whatever the name suggests, someone who buys this insurance will get benefits throughout the year.

Protection is provided for a whole year when a person travels. Usually the insurance company will set the benefits so that the beneficiary can receive protection for unlimited trips during a one year period of cover.

This type of insurance is suitable for those who frequently travel, either for business of family visit. It saves them from having to get individual insurance every time they travel. Protection will be provided to the beneficiary throughout the paid for period.

 

3. Individual Travel Insurance

This type of travel insurance is seen from the number of insured. As the name implies, insurance benefits only apply for one person. This is what is commonly used by business travelers or people who like solo trips.

For some public transportation, this kind of travel insurance is usually included in the ticket. But the protection is standard, so one does not get comprehensive protection. If you want complete safety, you can add to it by buying travel insurance from other companies. The price maybe a little higher, yet the cost is fair for a sense of security and tranquility.

 

4. Family Travel Insurance

This type of insurance can protect you and your whole family which usually consist of 2 adults and unlimited number of children. If we count the numbers, family type travel insurance is cheaper than buying individual travel insurance for each adults and children.

 

5. Domestic Insurance

Currently, there are many different travel insurance options in Indonesia. The companies that offer it also have a variety of programs.

The protection provided from domestic insurance is now fairly complete, ranging from reimbursement of cost due to travel disruption, coverage of hospital costs and accidents, or compensation in case of death or permanent disability during the trip.

For those going on risky trips or to new areas, it is best to start the journey with this insurance. Even if it is unused, it is better to be safe then sorry.

 

6. International Insurance

As opposed to domestic insurance, this insurance means covering someone's travel abroad. For some countries, for example countries in Schengen area, purchasing travel insurance is mandatory before you are able to enter.

A person can be denied entry if they do not have travel insurance. This is a not a bad thing, just further motivation to make sure you look out for yourself and anyone you’re travelling with.

Make sure when travelling to a new country that you choose travel insurance which has many different partners, giving you a wide safety net and greater options for hospital care, emergency services and so on if needed.

 

Things to Note when Buying Travel Insurance

Before buying travel insurance, it's worth considering a few things below. When going with a partner or family, invite them to sit together and discuss for a moment as to what your goals are and what would work best for all of you.

 

1. Company Credibility

Don't be tempted just by promotional offers or low prices. Remember, this insurance is to protect yourself and whoever you are travelling with, you don’t want to go for an option that won’t be there for you when you need it.

For those who are buying travel insurance in Indonesia, pay attention to whether the company is under the supervision of the Financial Services Authority (OJK). If so, then the company is completely legal.

Make sure to consult with your trusted Travel Agent so that they can refer you to a recommended travel insurance company. Find out that insurance company, starting from it’s benefit, purchasing scheme, and the most important part is the claim process. Don’t forget to choose travel insurance that gives you protection before, during, and after your trip.

 

2. Protection Amount

An applicant needs to know the price of what they are applying for. You want to compare the cost of insurance with the benefits on offer and see how various companies compare to one another in order to find the best deal.

If you want to buy group travel insurance, try first to calculate how much the price per person is. It could be cheaper if purchased separately per person. Usually bundling prices for groups are lower though and often it is the best way to go.

 

3. Time

Ideal travel insurance is insurance that provides protection as long as the beneficiary is still on the go. Don’t pay for more then you need, and find insurance that works for your timeframe.

Avoid purchasing insurance that will not cover your entire trip as well, as you are placing yourself at increased risk. For some other points, such as baggage claims, it is important to note how long a person can make a claim and the processing time. The sooner the benefit is provided, the better the insurance company guarantees the comfort of one's trip.

 

4. Scope of Protection

Scope of protection usually relates to how well covered you are under a certain insurance plan. Generally speaking, the more expensive it is the more you are covered with additional benefits.

All travelers will have different circumstances and different needs and travel insurance is designed to reflect that. You should be looking for the insurance that will work best for you and your own unique situation.

 

5. Current Health Conditions

You should pay attention to your health before travelling. If you are feeling sick or not at 100%, we recommend waiting till you have recovered to travel. Sometimes we don’t have the luxury of choice though and must leave even while we are sick. This is yet another reason to consider travel insurance.

Be truthful and declare your current medical condition to the insurance company. It’s very common for insurance company to not include protection against certain existing medical condition of the beneficiary. It is very unpleasant if in the end your medical bills are not covered by the travel insurance.

 

Look out for yourself! Do the right research and work out what travel insurance works for you.