Learn Why You Should Have Travel Insurance In Singapore

A chance of travelling, whether to mountains or beaches, is appealing to everyone. Travel insurance is now more important than ever due to the growing popularity of travel. According to the definition of travel insurance, it generally means that only expenses related to travel are covered. However, the coverage provided by travel insurance is far higher.

Many travellers either intentionally choose not to purchase travel insurance at times or forget to do so frequently. You will always experience some sort of loss. Whether travelling domestically or overseas, having a travel insurance Singapore policy is crucial since it offers several benefits. You may believe that if you have health insurance, you don’t need travel insurance. Nonetheless, hospitalization is covered by travel insurance when you are overseas.

For instance, see below for information about DBS’s current travel insurance offer.

• Sign up here to receive sweeter deals on DBS Marketplace.
• Get a policy with TravelerShield Plus.
• Hotel Loyalty Points & Frequent Flyer Miles Cover
• PRIOR IN SG! coverage for up to thirty minutes worth of travel delays
• Coverage for overseas medical costs is up to S$1,000,000

Knowing the positive aspects of travel insurance is crucial, especially now that we are familiar with its description. If you are aware of the benefits of purchasing travel insurance, you will definitely make the right choice.

A Strong Defence Against Healthcare Costs

Health always comes first, whether travelling or not. Travelling does not make you immune to illness or disease of any kind. In such a situation, will your medical insurance cover you? No. You might be exposed to different situations, cuisines, and activities when travelling, which could increase your chance of being sick or hurt. Who will shield you in such a situation from the medical bills that will only make matters worse? Simple: as long as you have the best international travel insurance, you need not worry.

Acquiring the expenses for trip cancellation

Sometimes circumstances force you to change your plans or cancel your intended vacation, such as getting sick, a family member getting sick, or a natural calamity striking. We are aware that it costs money to cancel paid travel arrangements. Having the best international travel insurance can help you bear the financial strain of such last-minute cancellations.

Flight cancellation or delay

If you travel frequently, you should be aware that there are now a lot of flight cancellations and delays. You might have to postpone your entire vacation if you miss the flight, arrive late, or both. According to the common definition of travel insurance, it is a complete package. As a result, you are not responsible for paying extra for lodging, meals, or transportation in the event of an aircraft delay or cancellation because all of these are covered by travel insurance.

Security Against Lost or Stolen Baggage

Travelling overseas may occasionally get daunting, and regardless of how careful you are, you run the risk of losing or having your luggage stolen. Your luggage is how your possessions are transported when you’re away from home. The price of replacing any lost or stolen property may be covered if you have travel insurance. The best international travel insurance can give you the money you need to finish your journey without any additional setbacks.

General Safety of Travel

Have you ever considered what might happen if you were visiting a foreign nation and taking in the breathtaking scenery, but as you went to pay to do something you realized your wallet was missing? And what happens if your passport gets lost? Obtaining a new passport comes at a steep price. Though the cost of a vacation is already considerable, you don’t want to add to your already heavy financial load.

Do you travel quite a bit? Purchasing an annual multi-trip plan will save you more money than purchasing several single-trip plans to meet your travel expenses! Get TravellerShield Plus, which now offers additional benefit enhancements, your first choice for travel insurance.