Recent global and local events affecting travel have further underscored the importance of adequate protection with the right travel insurance. For both long-awaited vacations and impromptu trips, travel insurance provides essential protection against financial losses due to unforeseen events such as flight delays and cancellations, medical emergencies, and lost belongings. Along with this is the importance of seamless network connectivity to stay in contact with friends and family while abroad.
Advanced Abilities’ insurance marketplace platform Policymate, and Advanced eSIM have joined forces to offer free 2GB data to the first 30 travelers to avail of a travel insurance from Policymate for the month of August 2024 with its Travel Safely, Connect Freely campaign.
“We understand that planning a vacation is exciting but could also be very stressful as it draws closer and the potential problems unravel themselves,” said Angelo Antonio “AA” Buendia, CEO and President of Advanced Abilities. “Policymate hopes to provide a more convenient way to compare coverage options, understand policy limits, and read customer reviews with a user-friendly interface to make it easier to choose the best policy tailored to each one’s unique needs.”
“Bundled with Advanced eSIM for hassle-free and stable connectivity where you don’t have to carry extra gadgets or subscribe to expensive international roaming plans, it becomes the perfect worry-free travel pack,” added Buendia.
Understanding travel insurance
Travel insurance acts as a safety net, offering financial support in unexpected situations, and the right travel insurance policy can help provide the peace of mind travelers need. Medical coverage is a primary benefit, covering expenses for hospital stays, medical treatments, and emergency evacuations while traveling.
Insurance marketplace platforms like Policymate are able to provide an abundance of travel insurance policies for users to choose from. For some policies, trip cancellation and interruption coverage reimburse non-refundable trip costs if unforeseen events canceled or shortened trips. Insurance also safeguards belongings, covering loss, theft or damage to luggage and personal items, while travel delay coverage compensates for additional expenses incurred due to delays.
Deciding which policy to purchase
Each policy is different and making the right decision for travel insurance requires careful evaluation of the coverage details. To choose the best travel insurance policy, travelers can start by assessing their needs. Considering the destination and itinerary are important as coverage requirements and healthcare costs vary by country. Ensure the policy offers comprehensive medical coverage, including high limits for hospital stays and medical evacuation. Frequent travelers might find annual multi-trip policies more cost-effective compared to single-trip insurance. Those into high-risk activities such as skiing or scuba diving, on the other hand, should ensure their policy will cover any medical expenses that may arise.
Trip cancellations and interruptions are sometimes inevitable so the policy should adequately reimburse non-refundable costs. Baggage and personal belongings coverage is essential for protecting valuables, while travel delay coverage helps manage unexpected expenses.
Understanding policy limits and exclusions is crucial. Policymate provides a view of offers from reliable insurance companies like Liberty and Fortune Gen, with more to come in the future. Each offer ranges from 500k to 1.5M peso coverage plans, it’s essential to ensure that the chosen policy meets their needs. Travelers should also take note of exclusions, such as pre-existing medical conditions or specific activities, to avoid surprises when filing a claim.
Cost is also an important factor but this should be balanced with the coverage offered. While cheaper policies may seem attractive, they often come with higher deductibles or lower coverage limits. Ensure the policy provides value for money and meets your specific needs.
Travel Safely
Comparing policies is vital for making an informed choice. With Policymate, consumers will be able to evaluate a variety of insurance policy options based on coverage, limits, exclusions, and cost.
Aside from travel insurance, Policymate also provides options for Accident Insurance, Property Insurance, Automobile insurance, and even plans for Pet and Gadget protection.
Connect Freely
Nowadays, there is a higher preference for eSIMs, an industry-standard digital sim that allows users to activate a cellular plan in their devices without using a physical sim card or carrying a pocket wifi. Advanced Abilities also offers Advanced eSIM which is available in 180+ countries globally with plans starting at PHP81 for 1GB for 7 days and PHP260 for 20GB for 30 days.
Together, these two products provide peace of mind and make for a hassle-free travel experience.