5 Things To Know About Getting Travel Insurance After Leaving Singapore

Five Things To Know About Obtaining Travel Insurance Following Leave From Singapore

Is It Possible to Get Travel Insurance After Leaving Singapore?

Indeed, but compared to shopping before travel, there are few possibilities. Many insurance companies have plans online from anywhere with internet access for those who realize their oversight after departing. Companies like World Nomads and Allianz Travel especially reference this service. Still, you may expect more expensive premiums and coverage restrictions. Allianz Travel provides medical-only policies for customers currently on travel, a sensible choice when trip cancellation coverage is not required. Usually starting at 12:01 a.m. local time the day following the purchase, World Nomads policies emphasize the need to buy ahead, even overseas.

What Coverage Can You Expect Post-Departure?

Although companies cover different things, post-departure travel insurance usually prioritizes medical crises. Anticipate coverage for hospital stays, medical bills, and an emergency evacuation. Specific plans could additionally call for 24/7 emergency support, baggage loss or delay, and trip interruption coverage. However, coverage for pre-existing conditions is usually excluded unless bought within a designated period (e.g., 14 days before the trip, as some insurers suggest). For example, AIG clarifies that their post-departure insurance does not cover pre-existing diseases. Check particular coverages and any waiting times with the selected provider.

What About Trip Cancellation and Interruption Coverage?

Policies bought after departure typically offer no rewards for trip cancellation since the risk has already gone. Still, travel interruption coverage—which returns unused trip fees should you postpone your vacation for a covered reason—like a medical emergency—is available. Many firms, including AIG Travel Guard Direct, cover trip interruption even for policies bought after departure. Always ask about travel interruption coverage when purchasing post-departure insurance as best practice.

How Much Does Post-Departure Travel Insurance Cost?

Your premium will be higher than those of plans bought beforehand. Covering travelers who are already overseas increases the insurers' risk, which shows in the price. Though post-departure preparations may surpass this, a Bankrate poll shows that travel insurance usually costs between 5% and 8% of the trip cost for a week-long vacation for US travelers. The ultimate cost depends on the trip length, age, location, and required coverage. Get several quotations to weigh before deciding on a course of action.

What Are The Limitations and Exclusions?

Travel insurance coverage sold after departure has a few shared restrictions. As has already been noted, pre-existing conditions are typically not covered. Usually not covered are also events involving alcohol or drug misuse, several high-risk sports (unless especially covered), and travel to banned countries. For example, AIG does not cover travel to nations such as North Korea, Iran, and Cuba. To properly grasp exclusions, always closely go over the policy language. Recall that coverage covers events following the policy purchase date and waiting period. Coverage is too late to acquire if a medical emergency strikes before the policy purchase.