A large archipelago with over 7,000 islands, the Philippines offers a distinctive travel experience for everyone. There are countless things for visitors to do in the Philippines due to the country's unique topography. Studded with lush jungles, stunning beaches, rocky islands, smoldering mountains, and bright tropical reefs, this tropical country is one of South East Asia's best!
Island hopping, scuba diving, hiking, and other extreme outdoor activities are available to tourists looking for an adventure in the Philippines. You can also visit churches, museums, and architectural landmarks in the Philippines if you want to take part in cultural events there.
Planning your trip to the Philippines is both exciting and taxing because of the travel itineraries and budgeting, not to mention the risk of accidents and Covid 19. But if you want to make your trip to the Philippines less stressful, you should think about getting travel insurance.
This blog features travel insurance Philippines requirements, list of travel insurance companies in the Philippines, and the cheapest travel insurance Philippines.
Do you need Philippines Travel Insurance?
Similar to other insurance policies, tourists buy travel insurance as a way to lessen the financial burden they might face as a result of particular unforeseen circumstances. Travel insurance primarily addresses issues that may arise during travel, such as flight cancellation, trip interruption, lost baggage or personal belongings, and even personal accidents or diseases.
Travelers heading to the Philippines are not required to get travel insurance. Thus, travel insurance is not a mandatory requirement for you to enter the country. It might be tempting to skip the added expense and save some additional cash for beer or souvenirs. However, consider it carefully though because things can go wrong for tourists to the Philippines.
Although the majority of the locations you're likely to visit are completely secure for tourists, keep in mind that, like in any other nation, crimes are present, and occasional natural disasters like earthquakes happen due to the country's location in the Pacific Ring of Fire, outbreaks of inclement weather could still occur, and personal or family members medical emergency may take place.
Most travel insurance insures Covid 19 and emergency medical coverage, personal accident benefits, health insurance, medical assistance for you and your immediate family member, trip cancellation coverage, and other travel assistance benefits. Therefore, travel insurance is recommended to have, especially when traveling to countries like the Philippines.
How to Get Philippines Travel Insurance?
Check if your current insurance provider offers travel insurance coverage.
Some providers may include travel insurance as part of their health and auto insurance policies, so it is important to review the terms and conditions of your policy before purchasing a separate plan.
Research different insurance companies
In searching for the best travel insurance Philippines, research different insurance companies and compare their different plans and coverage to find the one that best suits your needs. Look for a plan that offers protection for medical expenses, trip cancellation or delay, loss or damage to baggage, personal liability, and more.
Contact an insurance agent or broker
To purchase a package that meets your needs in terms of coverage and budget, contact an insurance agent or broker. Make sure you understand all of the terms and conditions associated with the plan before agreeing to purchase it.
Get an application form
Fill out an application form provided by the company outlining all relevant information such as personal details, destination, duration of stay, other travelers on the trip, etc., providing accurate information as this will directly influence the cost of your premium payments.
Pay for the travel insurance
Pay the required premium payment at the time of applying for coverage in order for your policy to be valid during travel dates specified in your policy agreement. Some companies may offer discounts or special rates if you pay your premium in full at the time of booking instead of paying monthly installments throughout the duration of the coverage period.
Receive a copy of your policy documents
Once payment has been processed, receive a copy of your insurance policy and make sure you keep this document readily available throughout your travels for verification purposes when needed by authorities such as airline personnel or foreign embassies when required under certain circumstances during overseas trips.
List of Travel Insurance Companies in the Philippines
AXA Philippines
One of the country's largest and fastest-growing insurance providers, AXA provides quality travel insurance that covers medical expenses like costs of hospital costs, fees of the doctor, and others in situations where you suffer injury and/or illness during your trip to the Philippines. You may also get protection if your baggage is lost or damaged. In case of trip cancellation, it also has the benefit of getting payouts on non-refundable expenses.
Chubb
One of the best travel insurance companies in the Philippines and the biggest property and casualty insurer in the world by market capitalization is Chubb. With operations in 54 countries, Chubb provides a variety of clients with commercial and personal property and casualty insurance, personal accident and supplemental health insurance, reinsurance, and life insurance.
Etiqa
International insurance provider Etiqa primarily conducts business in Singapore, Malaysia, Indonesia, Singapore, of course, the Philippines. It has flight assistance benefits, medical assistance benefits such as hospitalization expenses, medical evacuation or repatriation, and others. With its extensive network throughout the country, you can have access to a wide range of insurance products and services from anywhere.
Pacific Cross
The leading provider of personal accident, medical, travel, and health maintenance organization insurance is Pacific Cross. It is headquartered in the Philippines and has sister firms in Thailand, Indonesia, and Vietnam – arguably one of the best travel insurance companies in the Philippines.
MGS Insurance
With MGS Insurance, you may experience anxiety-free domestic and international travel. It contains Covid-19 Cover, which provides a hospital cash allowance per day for up to 14 days of confinement due to Covid-19 and covers medical treatment costs in the event of Coronavirus 19 infection while traveling. It also offers flight insurance in case of trip cancellation, travel inconvenience benefits, and of course, medical assistance and expenses.
There are countless forms of travel insurance available for your trip to the Philippines, just as there are numerous methods to travel. There isn't a single travel insurance coverage that is appropriate for all types of holidays, so do your research and read the fine print before choosing a policy so you can travel with peace of mind. You might even find the cheapest travel insurance Philippines!
For more information on Vista Residences, email [email protected], follow @VistaResidencesOfficial on Facebook, Twitter, Instagram, and YouTube, or call the Marketing Office at 0999 886 4262 / 0917 582 5167.
