Travel insurance protects travelers from risks that can be financially devastating when you are outside the Philippines. This is also why some states like Schengen countries in Europe require Filipinos to secure travel insurance upon visa application. When an unfortunate event strikes, having travel insurance with the right cover will help you get back on your feet. With a small fraction from your travel budget, travel insurance gives travelers peace of mind. In this way, the only thing to worry about is how to enjoy the trip!
Schengen travel insurance should have at least 30,000 euros medical coverage and has the ability to provide cash-less in-patient medical expenses if hospitalized within the Schengen area. In addition to that, the insurer should be accredited to the embassies.
Do you have a number of international travels within a span of one year? An annual or multi-trip travel insurance plan is best for you.
No need to apply for single-trip insurance plans every time you have booked a trip. Prevents you from failing to remember to purchase travel insurance, ensuring you are protected for all your international travels. Simply proceed with your travel and you are covered!
If you have at least 3 international travels in a span of one-year, an annual multi-trip travel insurance plan would work best for you. It is renewable annually so you can review if you need an annual policy each year. Also, more often than not, it can comply for visa requirements, including Schengen.
Annual travel insurance policies are best for frequent travelers
Travel, destinations and relevant insurance information you may need
Outbound non-essential travels from the Philippines are now allowed. Those with travels for leisure and tourism will be allowed to exit the country.
October 25, 2020