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Anonymous
How do I ensure that I'm getting bang for my buck? Are there some standard plans out there that definitely sufficiently cover travelling, and are extremely worth it? If yes, what are they?
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Tan Li Xing
27 Feb 2020
Financial Consultant at Prudential Assurance Company (Singapore)
Hi Anon,
This is a tough question to answer, because for most of us travel insurance is bought based on what we need for the trip we are gonna go for. And usually they are to insure us in the event of loss of our luggage, personal belongings and possibly flight delays.
Are you looking at an annual travel insurance? Cause that would mean that you actually travel alot, and those kind of policies do tend to be more costly, but there might be additional benefits or coverages.
If you are looking at coverages for accidents overseas, then you might want to look at having a personal accident policy, cause those provide coverage even if you are overseas.
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Loh Tat Tian
27 Feb 2020
Founder at PolicyWoke (We Buy Insurance Policies)
Oh boy. This is difficult even for FAs unless they have very good comparison tables.
Focus on the o...
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