Travel insurance: What Is It and Why Do You Need It?

Traveling to various countries around the world is always fun, especially when your trip is protected with Travel insurance. In addition to protecting your journey, you’ll also receive medical coverage if you get sick while traveling, as well as compensation for damaged or lost baggage.

So, what exactly is Travel insurance? Let’s find it out.

What Is Travel insurance?

As the name suggests, Travel insurance is a type of insurance product that offers protection against potential risks during your trip, whether you're traveling within the country or abroad. These risks may include damaged or lost baggage, illness while traveling, flight delays or cancellations, and more.

Travel insurance is highly recommended for anyone who loves to travel. Whether you're planning a vacation, a business trip, or even a pilgrimage, Travel insurance helps keep your journey safe and stress-free. The best part is that you can also purchase this insurance together with your flight ticket.

Types of Travel insurance

Not only one, Travel insurance comes in several different types, including:

• Single Trip Insurance, a short-term insurance product designed for travelers who don’t travel regularly. This is ideal if you only take a few trips a year.
• Annual Trip Insurance, ideal for frequent travelers, such as those who take trips weekly or monthly, even for leisure purposes.
• Individual Travel insurance, specifically made for those who enjoy solo travel. This type of insurance typically covers just one person per trip.
• Group Travel insurance, commonly used for group travel, whether for business trips or vacations with family, friends or coworkers.
• Based on Travel Destination, this type of insurance is based on your travel destination. It’s divided into two categories: domestic Travel insurance (for travel within Indonesia) and international Travel insurance (for travel to other countries).
• Travel insurance for Hajj, this product offers protection for pilgrims planning to travel for special purposes such as Hajj or Umrah.

What Are the Benefits of Travel insurance?

Here are some of the main benefits you can enjoy when your trip is covered by Travel insurance:

• Compensation for Flight Delays and Cancellations

One of the key benefits is compensation for flight delays or cancellations. As a policyholder, you’re entitled to file a claim for reimbursement, which may include cash, accommodation costs and meals.

• Compensation for Damaged or Lost Baggage

Damaged or lost baggage during a trip can be frustrating. With Travel insurance, you’ll receive compensation based on the insurer’s policy.

• Medical Expense Coverage

Feeling unwell while traveling? No worries, if you’re already covered by Travel insurance, your medical expenses will be taken care of. You won’t have to pay out of pocket if you get sick.

• Accident Compensation and Repatriation

You’ll also receive financial support in case of an accident during your trip. This typically includes hospital costs, compensation for losses due to the incident and repatriation services in case of death while traveling.

On top of that you will also get compensation if you lose your documents, travel indemnity costs if you are in an emergency situation, and a rider (if offered by the insurance provider). Let's protect your trip with Travel insurance to make it safer!