There is a lot of planning that goes into booking a vacation, with choosing the perfect flight and hotel at the top of the list. So much thought is put into that part of the process that people often forget about having to land travel insurance as well.
By the time everything is booked, there is often very little left in the budget for insurance, which for many means settling for less than they actually need or a company that is not reputable and won’t deliver when it counts. It doesn’t have to be that way though, and you can still secure cheap travel insurance in Singapore while still being fully covered on your trip.
The big mistake that most people make is simply settling for the insurance offered by the travel company they book their vacation through. What they may not realize is that they are actually paying as much as 5 times more than they would have to if they purchased their travel insurance through an independent travel insurance Singapore provider. You also shouldn’t believe when travel companies tell you insurance is free or included as that just usually means that the cost has been absorbed into the total package price.
The whole reason for finding cheap travel insurance is to save money, but you also have to be sure that you get all the coverage you need included in that low price. For example, you might think you are in great shape and don’t need medical coverage in there, only to get sick in a foreign land from an illness that you are not prepared for. You may be in good shape, but your body may not be prepared for local bacteria and viruses that can be found there.
This is to say nothing of accidents, which are always a possibility. That can end up being a costly omission, so make sure that your insurance has coverage for medical, baggage and personal belongings, cash, cancellation, legal costs, and personal liability. That may sound like a lot, but with a little homework you can find quality travel insurance at an affordable price.
If you are someone that travels a lot, then you should really look into an annual multi trip policy, which basically covers all of your travels within a calendar year. This is a great option for those that travel for business or who like to take 2 or 3 vacations every year. The cost of this type of policy may seem expensive up front, but when you compare it to buying individual policies every time you travel, it’s actually a huge savings. The same rules apply if you are traveling with the entire family. Don’t purchase individual policies for each family member and instead go with a family travel insurance policy.