Wednesday, June 15, 2022

Is Travel Insurance Mandatory For Singapore

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General Information For Indians Traveling To Singapore

Demand for travel insurance picks up after announcement of Vaccinated Travel Lanes
  • Safety: Singapore is known all over the world over for its cleanliness. However, it helps to be on guard against pickpockets. Sanitation levels are high and tap water is safe for drinking. Singapore’s cleanliness is achieved because of strict rules regarding committing any form of public offenses.
  • Medical care: Singapore has the highest standards of health care at both public and private hospitals. Though treatment is affordable, travel insurance for visitors to Singapore is advised for any prolonged hospitalization. Medical practitioners can be found at malls and can prescribe medicines to you.
  • Best time to travel: The weather in Singapore is mainly hot and humid with steady rainfall throughout the year. It is buzzing with cultural events, festivals, fashion, and food. It rains between November and January, while it is generally dry between May and July. Tourists can visit at any time of the year.

Is Travel Insurance Worth It

Travel insurance is a type of protection for your trip. It ensures that you will receive compensation for any unplanned expenses due to medical emergencies abroad, loss of personal items while travelling, for missed or delayed flights, or in case you have to cancel your trip.

So, if you get into an accident or become ill while youre in a foreign country and have to get medical assistance, then your travel insurance will cover the cost of your medical bills.

If you have to cancel your trip for some reason, then your travel insurance makes sure you dont lose all your money. They will reimburse you part of your pre-paid expenses, such as accommodation and flight.

If you lose your luggage or it gets stolen during your travels, then your travel insurance will reimburse you for the cost of lost items.

You can get even more coverage, such as repatriation or emergency evacuation, where your insurers cover the costs of you having to evacuate a foreign country.

Some countries demand that you have travel insurance so that you can pay for your medical expenses. In some cases, healthcare is really expensive, and tourists leaving without paying their medical bills can put a strain on the hospitals.

What Is Vtl Travel

VTL is a new initiative introduced to properly reinforce precautionary measures while accommodating the general publics wanderlust. Through these lanes, recreational travel is finally possible without dreadful quarantines plaguing your holidays. It is also an innovative approach to revitalise our devastated travel industry.

Just recently, Singapore has opened up VTLs to six more countries including the Maldives and Cambodia, an optimistic testament to Singapores resilience against COVID-19.

That said, the situation is ever-evolving given the volatility of the pandemic, and the VTL list, while exhaustive, may see some changes over time. New additions to the list are also expected as COVID-19 becomes less widespread

It is imperative to note that in order to access these lanes, you are expected to be fully vaccinated and have verifiable proof of your vaccination status. Singaporean travellers who have gotten vaccinated locally can easily retrieve the relevant information through the Tracetogether or HealthHub app.

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Is Travel Insurance Compulsory For Thailand

Thailand has long been a holiday favourite for Aussies heading abroad. However, Thai tourism officials are pushing to make it mandatory that visitors to the country have travel insurance in place.

The news of travel insurance potentially becoming compulsory for visitors to Thailand isnt that surprising when you consider its popularity and sadly, the number of travel-related insurance claims made, said Allianz Worldwide Partners John White in 2017.

In 2016, Allianz had over 3,000 travel insurance claims from Thailand, the most common claim being for hospital costs.

Travel Safe Travel Smart

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Now that you have a better idea of whats on the market when it comes to VTL COVID-19 travel insurance, dont forget to check out with your YouTrip card to take advantage of our wholesale exchange rates for all your purchases!

If you dont have a YouTrip card yet, use < BLOG5> during your sign-up to enjoy a free S$5 in your account!

Remember to read the t& cs before committing to a certain travel insurance plan and dont be afraid to upsize the plan if you desire greater coverage. As we wait for borders to reopen, do your part to keep everyone around you, as well as yourself, safe in the midst of this pandemic by practising good hygiene and safe distancing!

For more great tips and guides like this, join our Telegram Community and or down below!

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Indian Embassies In Singapore

The High Commission of India is located at Grange Road in Singapore. Various services are provided by the Indian High Commission such as assistance in case of the loss of life of an Indian national in Singapore. In such cases, the High Commission attests to the certificate of death and cancels the passport. They can also help with issues related to employment or compensation for Indian passport holders, passport renewal, reissues of lost or damaged passports and more.

Travel Insurance To Cost More Due To Covid

The premium for most travel insurance plans depends on several factors such as the coverage amount, duration and destination. Still, prices of travel insurance with Covid-19 coverage have risen sharply. According to research from GoCompare, travel insurance premiums have risen 20% to 30% due to Covid-19.

To cater to the countries requirements for travellers to have mandatory travel insurance, Tune Protect has enhanced its travel policy to include Covid-19-related cover for AirAsia passengers from Malaysia and Singapore, introduced Tune iPass in Thailand, and offers Covid-19 Plus extension products in the Middle East, where travel protection is bundled in AirArabia flight tickets.

AirAsia passengers departing from Malaysia, for example, may take up the AirAsia Travel Protection by Tune Protect at premiums starting from RM47.50 per passenger.

Normah says the enhanced travel protection covers up to RM100,000 in medical expenses if policyholders contract Covid-19 and are hospitalised in any of these seven countries Singapore, Indonesia, Thailand, Brunei, Vietnam, Cambodia and Myanmar. It also extends Covid-19 coverage of three existing benefits, namely trip cancellation, daily hospital allowance and compassionate visit.

One of the unique features of this enhanced travel protection plan is the Covid-19 bereavement allowance, which pays out a sum of RM5,000 in the event of an untimely demise of the policyholder due to Covid-19 contracted during the trip, she adds.

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Visiting Singapore And The Need For American Travel Insurance Online

Singapore, the island city-state in South east Asia is a global center of finance and commerce with a multicultural population of Malaysia, Chinese, Indians and Caucasians. It is an affluent city state and attracts tourists for its shopping malls, luxury hotels, and fine dining.Among its many attractions is the high end Marina Bay Sands resort which includes a mall and a hotel with a canal running through it.The Marina Bay Sands Skypark provides a vantage point for seeing the entire city.

The Botanic gardens which also includes the National Orchid Garden has several nature centric attractions such as the eco-lake and the bonsai garden.The Singapore Zoo is another popular destination and is considered one of the world’s best rainforest zoo.

Requirements For Singaporean Citizens To Enter Thailand

Nation-led COVID-19 travel insurance could cover treatment, tests, quarantine costs: Experts

There is a list of requirements that Singaporeans need to be granted entry from Singapore to Thailand. Here is a checklist of those requirements:

  • Proof of booked and paid accommodation and required RT-PCR tests at ASQ Quarantine Hotels or SHA+ Sandbox Hotels.
  • Proof of Vaccination. From vaccines that are approved by Thailands Ministry of Public Health or the World Health Organization .

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Flying From Singapore To Korea: Vtl Travel Requirements And More

On the 15th of November 2021, Singapore officially opened its Vaccinated Travel Lane with South Korea with a few travel requirements. I was lucky enough to be one of the earliest travellers on the new Singapore Korea travel lane. Today, Ill share with you all the travel requirements to expect when travelling to Korea, along with some personal tips!

Should I Buy A Travel Insurance For Singapore

The question to buy a Travel Insurance should go indisputable when you are traveling abroad for a holiday. Definitely, you don’t need a mess around while you are up to some relaxation and joy. Your Singapore Travel Insurance Policy will save you in situations where you can be completely clueless and need help. Here is how a Travel Policy will benefit you:

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Benefits Of Travel Insurance For Singapore

No matter what your travel purpose is, we’ve got you covered to make your journey joyous and stress-free. Summarizing below the benefits of opting for the best travel insurance for Singapore:

  • Comfort: Having a travel insurance cover for your trip will save you, especially senior citizens and students, from the stress of traveling.
  • Protection in Medical Emergency: The policy provides coverage to help you get immediate medical attention.
  • Compensation in case of Mishaps: The plan offers compensation to the nominee in case of uncertain death of the insured person.
  • Covers you in other Contingencies: Trip delays and loss of belongings and documentation will be taken care of under the travel plan.
  • Multi-Trip Policy: If you are a frequent flyer, you can avail of the multi-trip travel policy.
  • Cashless Claim Settlement: You can apply for the cashless claim facility.
  • Region-specific Plans: Our region-specific customized international travel insurance plans help you to relish your trip and leave all your travel worries with us.

Is Travel Insurance Compulsory

Annual Travel Insurance Price Comparison 2016

Were reader-supported and may be paid when you visit links to partner sites. We dont compare all products in the market, but were working on it!

Important:

Please note:

  • Some policies may not be available through Finder at this time
  • Its unlikely that your policy will cover expenses from border closures

But compulsory or not, mishaps can happen anywhere in the world and whether youre travelling with the security of a tour or winging it on your own, and travel insurance can help make sure that mishap doesnt turn into an unexpected expense.

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Option For Cruise Vacation Benefits

Coverage for cancellations or interruptions to your cruise holiday due to covered conditions. Only applicable for selected plans.

This policy is protected under the Policy Ownersâ Protection Scheme which is administered by the Singapore Deposit Insurance Corporation . Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact AIG Asia Pacific Insurance Pte. Ltd. or visit the AIG, GIA or SDIC websites .

Now With Benefits That Include Coverage For Covid

As you look forward to travelling again, we recognise that travelling has taken on a new norm. Thatâs why we have enhanced our market-leading travel insurance coverage, Travel Guard Direct, with new benefits.

Subject to policy terms and conditions, this coverage comes packed with travel benefits, such as overseas medical expenses and emergency medical evacuation, pre-trip cancellation, loss of personal belongings, baggage delay and more. In addition, get access to AIGâs wholly owned 24/7 global assistance network for your emergency travel and medical assistance whilst abroad. All of these benefits will help to ensure you have greater peace of mind with AIGâs world-class travel protection.

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Travel Insurance And Smartraveller Advice

Smartraveller, managed by the Department of Foreign Affairs and Trade , assigns an overall advice level to 177 countries. This advice level can affect your travel insurance cover. The advice levels are:

  • Level 1 Exercise normal safety precautions. COVERED.
  • Level 2 Exercise a high degree of caution. COVERED.
  • Level 3 Reconsider your need to travel. CHECK.
  • Level 4 Do not travel. USUALLY NOT COVERED.
  • Destinations with advice levels 1 and 2 are usually covered by travel insurance. Destinations with advice level 4 usually are not. It varies with level 3. Its important to check the reason that the country is under advice level 3, as you may not be covered for it. International travel has become more complex and uncertain. If the levels increase or decrease, this could affect travel insurance and whats covered. Always check details of your insurance coverage.

    Case study: Ignorance is no defenceA week after a volcanic eruption made world news, Sameer* booked a trip to Bali. He assumed the emergency would be over by the time he was due to fly a month later. Unfortunately, the volcano continued to erupt and Sameers flight was cancelled. His insurer declined his claim because hed bought the flight and insurance after DFAT issued a travel alert about the volcanic eruption, and after it had been in the news.

    *Name has been changed

    Best Time To Visit Singapore

    S. Korea-Singapore travel bubble looks to bring back tourism

    Singapore is known for its yearlong summer, so if youre looking at weather as a concern- it’s consistently warm all throughout the year.

    Based on your travel preferences and time, you may want to avoid peak seasons in December, January and June. However, if youre someone who doesnt feel bothered by too many tourists, December-February too is a good time to visit with a host of festivals and celebrations underway.

    If youre looking at shopping as a main attraction, then you might want to make plans between June to August- the time of the great Singapore shopping sale!

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    Tips On Currency Exchange

    Currency exchange for Singapore is relatively simple too. Indians can easily exchange INR for SGD in India or carry travellers cheques or a Forex card. Currency conversion is also possible in Singapore, in small stores in Little India or at the airport. However, it is recommended that you exchange currency before you leave in order to get good rates. Indians can carry a maximum of SGD 20,000. While on the subject of Singapore currency to INR conversion, 1 SGD is approximately equal to 52 INR .

    Thailand Visa Exemption For Singaporeans

    Singapore passport holders are allowed to enter Thailand without a visa. Singapore is included in the list of Visa Exempt countries. Traveling through visa exemption, however, only allows Singaporeans to travel for tourism purposes and is only allowed to stay in the country for a maximum of 30 days.

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    Globehopper Travel Insurance For Older Us Travelers

    US citizens should realise that Medicare and its supplements provide very little coverage outside US borders. There is best travel health insurance in Singapore specifically designed for older American travelers. Indianapolis based International Medical Group offers GlobeHopper Senior as an affordable overseas travel medical insurance option for US citizens and US permanent residents 65 years and older. The GlobeHopper Senior plan is available either as the GlobeHopper Single-Trip plan for coverage from 5 days to 365 days, or as a GlobeHopper Multi-trip plan which covers 12 months with a maximum of 30 days per each overseas trip. The GlobeHopper Senior plan is very popular since it provides coverage of $1 million up to the age of 79 years and $100,000 for travelers more than 80 years old. The plan includes $2,500 cover for sudden unexpected recurrence of a pre-existing condition and $25,000 for emergency medical evacuation.

    Important Information About This Website

    Cheat Sheet: Best Travel Insurance Guide In Singapore 2019

    finder.com.au is one of Australia’s leading comparison websites. We compare from a wide set of banks, insurers and product issuers. We value our editorial independence and follow editorial guidelines.

    finder.com.au has access to track details from the product issuers listed on our sites. Although we provide information on the products offered by a wide range of issuers, we don’t cover every available product or service.

    Please note that the information published on our site should not be construed as personal advice and does not consider your personal needs and circumstances. While our site will provide you with factual information and general advice to help you make better decisions, it isn’t a substitute for professional advice. You should consider whether the products or services featured on our site are appropriate for your needs. If you’re unsure about anything, seek professional advice before you apply for any product or commit to any plan.

    Where our site links to particular products or displays ‘Go to site’ buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money here.

    We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.

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    Aig: Travel Guard Direct

    While their overseas medical expenses claim of S$50,000 pales in comparison to the other plans, AIG provides pre-departure cancellation or trip-alteration coverage as well as the option to return home early due to COVID-19. In addition, the coverage also ensures that you will be taken care of, should you be made to quarantine overseas due to the pandemic.

    Buy your COVID-19 travel insurance here.

    Fwd Travel Insurance + Covid

    FWD offers some of the cheapest travel insurance plans in Singapore, so this is a budget-friendly option if you’re already baulking at the cost of all the antigen tests you’ll have to take before and after your trip.

    Here’s a quick run-through of the Covid-19 coverage offered by this plan:

    • Trip cancellation and loss of deposit
    • Trip disruption
    • Hospital cash while in Singapore
    • Medical expenses
    • Emergency medical evacuation and repatriation

    The plan reimburses some of your travel-related expenses if you are diagnosed with Covid-19 no more than 30 days before your scheduled departure date, or if you have to change your itinerary because of a Covid-19 diagnosis while overseas.

    You also get to claim medical expenses and a hospital cash benefit if you get hospitalised overseas or for up to 14 days in Singapore upon your return.

    The coverage is very bare bones but the plan is frickin cheap. Get this if you can’t afford anything else.

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