6 types of travel insurance
Mar 19, 2021
A vacation should be the time to unwind and relax, however, in some cases, not everyone will enjoy their travel experience. Some people might be worrying too much about unwanted events that might occur during their travel, such as changes in flight schedules, their safety during the trip, or baggage issues. These can simply be address by purchasing a travel insurance.   Travelling with travel insurance can be good for your peace of mind. If something were to happen to you before your departure or during your trip, you could relax a bit, knowing it would be covered and compensated for by your insurance. For example, you can get compensation for flight rebooking fees, loss or damaged baggage, guaranteed medical care costs, and even compensation for injury or death. Sadly, a great number of travellers overlook travel insurance because they feel it only adds up to their travel expenses. Or in other cases, some have trouble finding out how to attain a travel insurance plan. Which one to get, and which one’s the most suitable.   We’re here to help you choose the best travel insurance that suits your needs.  Take these points below into consideration before purchasing your travel insurance. Adjust it to your personal needs, and you will see how beneficial it can be.   Types of Travel Insurance There are different types of travel insurance you can get. Not only does it vary in price, but each travel insurance plan also has its benefits.  Expensive insurance is not necessarily helpful if it does not suit one's needs. Before purchasing, know these different types of travel insurances and choose which one is more suitable for you:   Single Trip Insurance Single trip insurance is the same as one-time travel insurance. The insurance only applies for one trip. A person can benefit from this program only within the set timeframe. This type of insurance is suitable for those who only plan for single trips. In terms of price, single trip insurance is also cheaper than other programs. Annual Travel Insurance There are many different designations for this type of travel insurance program. Generally, people call this plan the annual program. However, whatever the name suggests, someone who buys this insurance will benefit from the insurance for a whole year. Protection will be provided for a whole year when a person travels. Usually, the insurance company will set the benefits so that the beneficiary can receive protection for unlimited trips during one year of cover. This type of insurance is suitable for those who frequently travel, either for business or other personal reasons. It saves them from having to get individual insurance every time they travel.  Individual Travel Insurance   As the name implies, this insurance is beneficial for one person. Which is commonly used by business travellers or people who like going on solo trips. Usually, this travel insurance has automatically included several modes of transportation in the ticket. However, it only provides standard protection for your trip and applies only to the listed carriers. Family Travel Insurance  This type of insurance can protect you and your whole family, which usually consists of 2 adults and an unlimited number of children. If we count the numbers, family type travel insurance is cheaper than buying individual travel insurance for each adult and child. Domestic Insurance There are currently various travel insurance and program options in Indonesia. This specific type of insurance provides a protection plan for your domestic trips ranging from reimbursement of cost due to travel disruption, coverage of hospital costs and accidents, or compensation in case of death or permanent disability during the trip. It is best to include this program in your travel plan for those going on risky trips or planning to go to new, unfamiliar places. International Insurance As opposed to domestic insurance, this insurance will be beneficial to those who wish to travel abroad. For some countries, for example, countries in the Schengen area, purchasing travel insurance is mandatory before entering. A person can be denied entry if they do not have travel insurance. Make sure to choose recognisable travel insurance when travelling to a new country. This benefits you a more comprehensive safety net and greater options for hospital care, emergency services and other coverages if needed. Now that you know the different types of Travel Insurace, you can decide which type of premium works best for your travel plan. Don't forget to always do your research and find out which travel insurance providers works best for you.

A vacation should be the time to unwind and relax, however, in some cases, not everyone will enjoy their travel experience. Some people might be worrying too much about unwanted events that might occur during their travel, such as changes in flight schedules, their safety during the trip, or baggage issues. These can simply be address by purchasing a travel insurance.

 

Travelling with travel insurance can be good for your peace of mind. If something were to happen to you before your departure or during your trip, you could relax a bit, knowing it would be covered and compensated for by your insurance. For example, you can get compensation for flight rebooking fees, loss or damaged baggage, guaranteed medical care costs, and even compensation for injury or death. Sadly, a great number of travellers overlook travel insurance because they feel it only adds up to their travel expenses. Or in other cases, some have trouble finding out how to attain a travel insurance plan. Which one to get, and which one’s the most suitable.

 

We’re here to help you choose the best travel insurance that suits your needs.  Take these points below into consideration before purchasing your travel insurance. Adjust it to your personal needs, and you will see how beneficial it can be.

 

Types of Travel Insurance

There are different types of travel insurance you can get. Not only does it vary in price, but each travel insurance plan also has its benefits.  Expensive insurance is not necessarily helpful if it does not suit one's needs. Before purchasing, know these different types of travel insurances and choose which one is more suitable for you:

 

  1. Single Trip Insurance

    Single trip insurance is the same as one-time travel insurance. The insurance only applies for one trip. A person can benefit from this program only within the set timeframe.
    This type of insurance is suitable for those who only plan for single trips. In terms of price, single trip insurance is also cheaper than other programs.

  2. Annual Travel Insurance

    There are many different designations for this type of travel insurance program. Generally, people call this plan the annual program. However, whatever the name suggests, someone who buys this insurance will benefit from the insurance for a whole year.

    Protection will be provided for a whole year when a person travels. Usually, the insurance company will set the benefits so that the beneficiary can receive protection for unlimited trips during one year of cover.

    This type of insurance is suitable for those who frequently travel, either for business or other personal reasons. It saves them from having to get individual insurance every time they travel. 

  3. Individual Travel Insurance  

    As the name implies, this insurance is beneficial for one person. Which is commonly used by business travellers or people who like going on solo trips.

    Usually, this travel insurance has automatically included several modes of transportation in the ticket. However, it only provides standard protection for your trip and applies only to the listed carriers.

  4. Family Travel Insurance 

    This type of insurance can protect you and your whole family, which usually consists of 2 adults and an unlimited number of children. If we count the numbers, family type travel insurance is cheaper than buying individual travel insurance for each adult and child.

  5. Domestic Insurance

    There are currently various travel insurance and program options in Indonesia. This specific type of insurance provides a protection plan for your domestic trips ranging from reimbursement of cost due to travel disruption, coverage of hospital costs and accidents, or compensation in case of death or permanent disability during the trip.

    It is best to include this program in your travel plan for those going on risky trips or planning to go to new, unfamiliar places.

  6. International Insurance

    As opposed to domestic insurance, this insurance will be beneficial to those who wish to travel abroad. For some countries, for example, countries in the Schengen area, purchasing travel insurance is mandatory before entering.

    A person can be denied entry if they do not have travel insurance. Make sure to choose recognisable travel insurance when travelling to a new country. This benefits you a more comprehensive safety net and greater options for hospital care, emergency services and other coverages if needed.


Now that you know the different types of Travel Insurace, you can decide which type of premium works best for your travel plan. Don't forget to always do your research and find out which travel insurance providers works best for you.