Travel Insurance 101: Here’s Everything You Need to Know
Should you or should you not?
by WindowSeat.ph | July 26, 2017
It’s not really as expensive as one might think. Policies start at PHP70 for domestic trips and USD8 for international trips. Travel insurance for a month-long trip to the EU will cost you about USD75 or a little less than PHP4,000. This policy cost will cover the required USD50,000 medical expense and personal accident coverage and the following (actual cost and benefits/coverage via FPG Insurance):
Personal Accident | $50,000 |
Personal Accident (for child from 4 weeks to 17 years or person above 70 years old) | $25,000 |
Medical Treatment / Expenses | Up to $50,000 |
First Medical Assistance | Up to $500 |
Emergency Dental Care | Up to $200 (deductible $60) |
Medical Evacuation and Repatriation | Actual Expense (subject to a maximum limit of $50,000) |
Return of a family member traveling with the Insured | Actual Expense |
Repatriation of Mortal Remains | Actual Expense (subject to a maximum limit of $50,000) |
Escort of Dependent Child | Actual Expense |
Compassionate Visit | Travel Cost plus $100/day, maximum of $1,000 |
Trip Cancellation | Up to $2,000 (deductible $30) |
Trip Curtailment | Up to $2,000 (deductible $30) |
Delayed Departure | Up to $200 |
Missed Connecting Flight | Up to $200 |
Flight Diversion | Up to $200 |
Luggage Delay | Up to $100 |
Compensation for in-flight loss, robbery or destruction of checked-in luggage | Up to $1,000, subject to a limit of $150 for any item (deductible $30) |
Loss of Travel Documents | Up to $300 |
Loss of Personal Money | 25% of loss amount (maximum of $200 limit) |
Hijack Cover | $100/per day (maximum of $1,000) |
Car Rental Protection | Up to $4,000 |
Accidental Burial Assistance | $500 |
Personal Liability | Up to $30,000 |
Other Assistance | |
Delivery of Medicines | Covered |
Relay of urgent messages | Covered |
Long distance medical information service | Covered |
Medical Referral | Covered |
Connection Services | Covered |
Location and forwarding of luggage and personal effect | Covered |
Should you get travel insurance?
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