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| Getting to Know Travel Insurance and Its Benefits |
It is rare for people who like to travel to choose to buy travel insurance protection. In fact, this product is very important for those of you who travel.
Insurance is a financial product that has the benefit of providing financial protection in the event of an unexpected risk within a certain period of time. Generally, people know insurance as a protection product for disease risks such as health insurance (hospitalization) to critical illness insurance. However, did you know that there is also insurance that covers financial protection needs while you are traveling?
This insurance product is called travel insurance.
When traveling, both domestic and international, of course, it is always a moment that we look forward to. However, behind the excitement, your vacation trip is often accompanied by a sense of alertness to unexpected risks, such as accidents, lost items, or illness. This is where it is important to have travel insurance.
What exactly is travel insurance and what are its benefits? Let's see the following article!
What is Travel Insurance?
The definition of travel insurance is an insurance product specifically designed to protect travelers from various financial risks during travel both domestically and abroad. The financial risks in question certainly include everything from accident risks to loss of goods.
What Does Travel Insurance Cover?
Travel insurance provides coverage for various things, such as:
1. Travel insurance covers the costs of hospitalization, outpatient care, medicines, and ambulances in the destination country.
2. Travel insurance compensates for losses due to loss or damage to luggage during the trip.
3. Travel insurance provides compensation if the flight is canceled or delayed for certain reasons.
4. Travel insurance provides compensation if an accident occurs during the trip.
5. Travel insurance also covers compensation if you as the insured cause damage to someone else's property or injury to someone else.
Benefits of Travel Insurance
1. Provides Peace of Mind
Travel insurance helps you feel calmer and safer during your trip, because you know that you are protected from various financial risks.
2. Protects against Financial Risk
Insurance can help you avoid financial losses due to various unexpected risks that may occur during the trip.
3. Helps to Get Access to Health Services
Insurance can help you get access to quality health services in the destination country, without having to worry about the cost.
4. Provide Compensation
Insurance can provide compensation in the event of certain events, such as personal accidents, lost luggage, or flight cancellations.
Requirements for Applying for Travel Insurance
There are several requirements that you need to prepare when you want to apply for travel insurance, including:
1. Photocopy/Scan of KTP
2. Insurance application form
3. Photocopy of passport (for overseas travel)
4. Age limit 1-80 years
Tips for Choosing Travel Insurance
Choosing a financial product certainly cannot be careless, including choosing a travel insurance product. Here are some tips that you can do when you want to choose travel insurance:
1. Choose Insurance that Suits Your Needs
Consider the tourist destination, length of trip, and activities that will be done during the trip. Is it better for you to buy insurance with a certain time limit? Or is it better to choose insurance with an annual program?
2. Compare Premiums from Several Insurance Companies
Find the premium that best suits your budget. Don't force yourself to buy a travel insurance product that is too expensive with excessive facilities, if you do have a limited budget and don't really need excessive facilities.
3. Pay Attention to the Benefits Offered
Make sure the benefits offered by the insurance suit your needs.
4. Read the Policy Carefully
When purchasing a financial product, it is important to understand the rules of the financial product. Insurance is no exception. Make it a habit to read in full and understand all the terms and exceptions listed in the policy before you actually sign the policy.
Conclusion
Travel insurance is one of the important financial products for you to have if you have a high traveler spirit. By having travel insurance, you can enjoy your trip more calmly and safely, without having to worry about financial risks that may occur throughout the trip.
However, if you are still confused, do not hesitate to consult a certified financial planner. A financial planner can provide insight into what insurance products are right for you to choose according to your needs and also take into account your current financial condition.
Hopefully this article is useful!