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I extended by work trip to a personal trip, how long will my travel insurance cover that?

How long would my travel insurance cover if it's a work trip but I extended for personal reasons?

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    Some companies allow for extension of days while you just pay the difference so check out with HR for your travel insurance details and work something out. But if your company does not, then be on the safe side and just cover the whole trip.

    2019.08.01 18:0

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What is a Personal Accident Insurance?

Personal accident insurance pays you either a lump sum or reimbursements for out-of-pocket expenses in case of injury, disability or death resulting from an accident. Unlike medical insurance, the premiums are fixed, and you do not need to undergo any medical examination before the policy is incepted. The basic coverage are accidental death and or disability, children and medical reinbursement.

Will our insurance system fail one day?

If I am correct, I think you are trying to ask that if start claiming from the insurance company, will they have the money to pay you when you die. First and foremost, it's a contract. Insurers pay billions in claims yearly. Secondly, the premium you pay insurance is invested so they'll be able to earn and pay you back when you die. Number three, all risk is already factored in. Some people will die earlier, others later, while some will cancel, and majority won’t even claim. All this is already priced in and you're paying fair value plus some mark-up for the risk you're passing on to the insurance company. Number four, there is regulation to make sure Insurers have enough money to pay claims. Lastly, insurance companies are reinsured by bigger insurance companies. So don't worry, keep paying your premiums, and you'll be able to claim.

An overseas worker needs his insurance abroad.

It is a good thing to avail insurance while you are still young to be protected whenever an accident happened to you. Many insurance companies will satisfy your needs that you will benefit from soon. Most of this insurance can cover you even in abroad. You just need to give your details to confirm if you have availed it.

What are the insurances that are locally present?

Insurances has different categories. It is not only usable here in Singapore but it can be also used in other countries. Insurances keeps your budget safe when something happens to you. It also helps you with some expenses that are not planned a long the way that occurs to the owner of the insurance.

I want to register for Travel Insurance. So what I will have to follow which rules and what will need document?

Basically, you need will have to these documents to register Travel Insurance. (1) Travel insurance claims form (2) Copy of Policy and policy number, Travel dates (3) Copy of tickets (4) Amount of loss (5) Identity card (6) Proof of age (7) Any government documents If you've these all documents so you can easily register Travel Insurance. There's no problem. And talk is of the rule. So rule does apply on the document. And if you've legal documents. So it's no problem! So go and register!

A person with disability needs insurance.

Insurance has no limits. Everyone can get insurance whatever there status in life. They can be disable or not. When you are disabled, you can get other benefits that only cases like you have. Once insured, you can get it anytime you need it. Disabled people mostly use their insurance for there cases. Having insurance is a privelage, so do not overwelm yourselves with it.

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