Is it necessary to buy travel insurance?

Travel insurance sounds like something meant to fleece kiasi people of their hard-earned cash. Many of us pay for travel insurance before we get on that plane. But why don't we buy travel insurance when we go to JB or Malaysia for a massage?

One of the biggest reasons to buy travel insurance is because it protects you if you need to seek urgent medical help when on holiday. You are also usually allowed to make claims for medical expenses incurred upon your return to Singapore if they are due to an illness or accident sustained while overseas.We're not trying to be pessimistic, but there is always the chance your trip will end in disaster.

But if you're a frequent traveller, sooner or later you're going to have a chance to make a claim for travel-related mishaps and disruptions. Unfortunately, you probably won't be allowed to make claims for millions if you decide to see some celebrity doctor. This means that if anything happens to prevent you from going on your trip after you've booked the tickets, you might be able to claim compensation.But the protection continues in some ways after you land in Singapore at the end of your vacation as well.

İnsurance İnsurance Latest News, İnsurance İnsurance Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Jail for woman who submitted bogus travel insurance claims, got S$14,000 in payoutsSINGAPORE — Over a span of three years, Siti Saliha Muhammad Hussain managed to fraudulently obtain about S$14,000 in payouts from multiple insurers such as AXA, AIG and NTUC Income.
Source: TODAYonline - 🏆 1. / 99 Read more »

Jail for woman who made fake travel insurance claims of more than S$14,000SINGAPORE: After successfully inflating the cost of her damaged luggage in an insurance claim, a woman embarked on a series of fraudulent travel claims totalling more than S$14,000. Siti Saliha Muhammad Hussain, 30, used photos of damaged goods, receipts, boarding passes and police reports that she found o
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Jail for woman who submitted bogus travel insurance claims, got S$14,000 in payoutsSINGAPORE — Over a span of three years, Siti Saliha Muhammad Hussain managed to fraudulently obtain about S$14,000 in payouts from multiple insurers such as AXA, AIG and NTUC Income.
Source: TODAYonline - 🏆 1. / 99 Read more »

Jail for woman who made fake travel insurance claims of more than S$14,000SINGAPORE: After successfully inflating the cost of her damaged luggage in an insurance claim, a woman embarked on a series of fraudulent travel claims totalling more than S$14,000. Siti Saliha Muhammad Hussain, 30, used photos of damaged goods, receipts, boarding passes and police reports that she found o
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »