As a travel enthusiast who loves to explore the world, I’ve had my fair share of travel mishaps and unfortunate events. Fortunately, not all was lost, and each time whether it was a lost item or an unexpected overseas medical expense, I was able to recoup some of the financial losses incurred thanks to the travel insurance plans I had in place. Nowadays, I prioritize securing travel insurance right after booking my flights. After all, I’ve worked diligently to save both money and time off for my adventures, so why should I take any unnecessary risks? Continue reading to discover why you should purchase travel insurance, when the best time to buy travel insurance is, and what you should prepare during the claim process.
Traveling Soon? Consider getting FLY Travel Insurance from YAS Hong Kong.
What Does Travel Insurance Cover?
Travel insurance coverage varies depending on the insurance company and plan you choose. However, they typically cover the following:
- Trip cancellation and interruption
- Emergency medical expenses
- Baggage and personal items
- Travel delays
- Rental car excess damage
YAS Travel Insurance (FLY) emergency medical and personal accident coverage extends to include various leisure sports activities such as skiing, snowboarding, scuba diving, marathons, and more! You can enjoy coverage of up to HK$1,500,000 for medical expenses and up to HK$2,000,000 for personal accidents.
Is There An Age Limit?
In Hong Kong, individuals who are 18 years old or above are eligible to be policyholders. Typically, travel insurance providers offer coverage for children and seniors above 70 years old, although the specific age requirements may differ depending on the provider. When it comes to insured children under 18, they must either be included in a family travel or group insurance plan or have their parents or legal guardians purchase the policy on their behalf.
YAS Travel Insurance (FLY) covers Hong Kong travelers aged 0-79 years old.
When is the Best Time to Buy Travel Insurance?
Here’s the thing: Your travel insurance coverage usually starts from the date you purchased them, so arguably the best time to secure your holiday plan is immediately after you’ve booked your flights.
Now, imagine this: you’ve been planning the most unforgettable trip of your life for months, eager to explore new places, try new foods, and create unforgettable memories. You’ve booked your flights, reserved your hotels, and a detailed itinerary listing all the exciting activities you want to do. But suddenly, just a few weeks before departure, you get sick and cancel your trip. Purchasing travel insurance at the right time can give you peace of mind, knowing that you’re covered before, during, and after your holiday, so you can focus on enjoying the moment.
How to Claim Travel Insurance?
Keep in mind that each travel insurance provider has specific procedures and requirements for submitting claims. While there may be variations, here are the basic steps to follow when making a travel insurance claim:
- Contact your insurance provider: Notify your insurance provider as soon as possible after the incident occurs, and make sure to provide all relevant details about what happened and the nature of your claim.
- Complete claim forms: Your insurance provider will provide you with claim forms to complete. Make sure to fill out all sections accurately and provide all requested information.
- Gather documentation: Collect all necessary documentation to support your claim. This may include medical reports, receipts, or police reports.
- Submit your claim: Submit your completed claim forms and supporting documentation to your insurance provider. Make sure to follow their specific submission guidelines, which may include submitting the claim online or by mail.
- Follow up on your claim: Keep track of your claim and follow up with your insurance provider if you have not received a response within a reasonable time frame. You can usually expect a few weeks
