This article is only an introduction to insurance knowledge, not insurance sales. The specific benefits must be subject to the actual product. The currencies mentioned in this article are RMB.
As a rare long holiday of the year, many families choose to travel with their families during the Chinese New Year. Due to many factors such as distance, budget, visa, etc., the popularity of "New Malaysia and Thailand" is rising again! Presumably, many families have already prepared their air tickets, hotels, passports and other items in advance, but they ......Are you ready to be safe?
There are too many bad things that can be encountered during travel, which can affect your mood or your life, especially if you are in a foreign country, and the sense of security brought by insurance is incomparable. Travel insurance has always been known for its "high leverage", so wouldn't it be cost-effective to spend a small amount of money for big protection?
Today, let's take a look at what risks can arise during a trip and what travel insurance can provide.
The risks that may be encountered during travel can be broadly divided into several major items, such as accidental injury and medical treatment, emergency rescue, and travel assistance.
Accidental Injuries & Medical
This is usually the basic part of travel insurance, and it is also the focus of everyone's attention. It is important to note that travel insurance generally only covers the injury, disability, or death caused by an accident while the insured person is in the covered area, and routine medical visits are not covered. When purchasing insurance, you should also pay attention to whether the product you choose can cover pre-existing conditions (for the definition of "pre-existing conditions", please click here to review the hardest hit areas of denials - pre-existing conditions).
In the event of an unexpected, acute illness requiring an outpatient hospitalization**, travel insurance can usually also cover medical expenses. If you need to be hospitalised, some products will also provide a daily hospitalization benefit, which is usually limited in terms of the number of days or the total amount.
Emergency rescue
When you travel in another country, you will encounter more situations than you can imagine! From unavoidable "natural disasters" to avoidable "man-made disasters", emergency assistance can be of great help at critical moments. Especially for outdoor enthusiasts, the "emergency relief benefit" is especially important (skiing, diving, surfing and other outdoor sports are very dangerous) to provide you with timely help at critical moments. Emergency evacuation usually includes services such as medical evacuation and repatriation, repatriation of mortal remains, etc. (which also includes a certain amount of reimbursement for funeral expenses). Conventional travel insurance generally covers non-professional outdoor enthusiasts.
Travel assistance
When the insured has an accident, there may be some expenses other than **, such as the cost of relatives coming to visit after the accident, the cost of travel and repatriation of minors, etc., which usually have a certain amount limit. In addition, some travel insurance plans also provide kidnapping and unlawful detention coverage, which is similar to hospitalization benefits, but is usually limited in terms of the number of days and the total amount.
In addition to accidents and dangers, there are other accidents that can occur during your trip, such as delayed baggage, travel changes or delays, fraudulent credit cards, loss of travel documents or cash, etc., and many travel insurance products can provide protection. All benefits "all in" will be more comprehensive, but ** will also rise. Make some trade-offs in a targeted manner in order to choose a cost-effective product that suits you. Xiaoyu selected three travel insurance products for overseas travel in the library, hoping to give you some reference.
The following benefits are excerpts.
Allianz - Around the World
There are 4 plans with accidental death and dismemberment coverage of $200,000, $300,000, $600,000 and $1,000,000 respectively. Among them, Marco Polo and Magellan plans can provide sudden death protection, with an insured amount of 50,000. In the event of death or dismemberment caused by an accident on public transport or by car, some plans may pay additional benefits. All plans cover emergency medical evacuation and repatriation of mortal remains.
Travelling offers a lot of coverage when it comes to travel assistance, and the following are covered in all plans:
Travel delay (300 RMB compensation per 5 hours).
Baggage delay (500 RMB compensation per 6 hours).
Loss of travel documents.
Personal belongings (up to $1,000 per item).
Card fraud (not applicable to minors).
Personal & Pet Liability.
Kidnapping and unlawful detention allowance (up to 30 days).
Others are partially covered: loss of personal money.
Protect your belongings during your trip.
Schengen visa refusal guarantee.
Compulsory quarantine allowance for infectious diseases (up to 30 days).
There is a wide range of insurance periods to choose from, from 1-7 days to full coverage (the maximum number of days for a single trip is 183 days), with premiums starting from as low as 45 yuan for adults and 40 yuan for minors.
AXA - Wisdom in the World
Chi Heng also has 4 plans, with accidental death and disability coverage of 200,000, 300,000, 600,000 and 1 million respectively. Among them, 3 plans can cover death from acute illness (including sudden death) (not applicable to minors), with an insured amount of 50,000 yuan. In the event of death or dismemberment due to a public transport accident (not applicable to minors), all plans can pay additional benefits.
It is worth mentioning that in the compensation for medical expenses for accidents and illnesses, medical expenses caused by cardiovascular and cerebrovascular diseases, hypertension and diabetes before insurance are also covered, with a limit of 10,000 to 30,000 yuan respectively. All plans cover emergency medical evacuation and repatriation of mortal remains.
All plans of Chi Heng World cover the following: baggage and personal belongings (including laptops and mobile phones).
Baggage delay (500 yuan for every 6 hours of delay).
Personal money and travel documents (including loss of personal property and travel documents).
Credit card fraud (not applicable to minors).
Travel Changes. Travel Personal Liability.
Travel Delays. Some plans provide coverage for travel, household contents and kidnapping and kidnapping allowances. The maximum coverage period is 25-28 days, and the minimum adult premium is 98 yuan, and the excess part is calculated according to 70 120 160 180 per week; The minimum for minors is 78 yuan, and the excess part is calculated according to 60 90 130 150 per week.
Medilink Middle Belt - Asia Worldwide
There are 2 plans in Asia Limited, covering areas outside Chinese mainland, excluding Nepal. The sum insured for accidental death and dismemberment is $200,000 and $500,000 respectively, and the benefit for sudden acute death is $30,000 and $50,000 respectively. In the event of death or dismemberment due to an accident on public transport or by self-driving car (not applicable to minors), the upgrade plan can pay an additional benefit.
All plans cover the following: Trip Delay ($300 per 4 hours, international non-stop only).
Baggage delay (500 yuan for every 6 hours).
The value-added service package of Universal Asia is provided by Median Rescue and includes the following items: personal belongings (including mobile phones, tablets and laptops).
Loss of personal money (plan upgrade only).
Loss of travel documents.
Personal Liability. The minimum coverage period is 1-4 days, the longest is not more than 183 days, and the minimum premium is 30 yuan, and the additional fee starts from 9 yuan per day after 14 days.