Dear Kin Lian,
After realising that most annual travel insurance policies currently sold in the market have a limitation of 90 days (stay outside the country), what sort of travel policy should I carry, if I expect to travel on several occasions for more than 90 days?
The simple answer may be just buy individual travel policy each time I travel, but this is complicated by the fact that: at the point of departing Singapore I do not really know how long I will stay outside the country (overseas) before i return to base country (Singapore).
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My reply:
It may be better and cheaper for you to buy a personal accident policy to cover one year. See if there are able to cover evacuation (in case of emergency) at a modest additional cost.
This policy does not cover the events, such as flight delay and loss of baggage, but the amount of compensation is small.
Income Annual Travel policy, if you exceed 90 days, you can pay the difference from 90 days.
ReplyDeleteExample, if you are out for 100 days, you pay premium for the balance of 10 days. In Asia, additional premium is $2 per day, and the 10 days additional will incur $20 premium addition only.
- Thomas Phua