If you are planning to travel to Vietnam for a week, you might want to consider getting some travel insurance to protect yourself from unexpected events. Travel insurance is an essential part of any trip planning. It can protect you from various risks and losses that may occur while travelling and save you from potential financial hardship. Travel insurance offers financial protection and peace of mind, ensuring that unforeseen circumstances do not disrupt your travel plans. Travel insurance can give you peace of mind and confidence to explore the world.
In this article, we will explore the importance of travel insurance, provide a step-by-step guide on how to apply for it, and highlight some trustworthy brands to consider.
Read more: How to Save on Travel Expenses: 7 Budget-Friendly Travel Tips (ezyremit.com)
Why Travel Insurance is Crucial for Your Trip
Some of the benefits of travel insurance include:
- Cancellation cover: If you must cancel your trip due to unforeseen circumstances, such as illness, injury, death of a relative, or travel disruption, travel insurance can reimburse you for your prepaid and non-refundable travel expenses, such as flights, hotels, tours, etc.
- Medical cover: If you get sick or injured while travelling, travel insurance can cover your medical expenses, such as hospital bills, doctor fees, medication, etc. Travel insurance can also arrange and pay for your medical evacuation or repatriation if needed.
- Baggage and personal effects cover: If your luggage or personal belongings are lost, stolen, or damaged during your trip, travel insurance can compensate you for their value or cost of repair. Some policies also cover the cost of replacing essential items if your baggage is delayed.
- Personal liability cover: If you cause injury or damage to someone else or their property while travelling, travel insurance can cover your legal liability and expenses.
- Emergency Assistance: Travel insurance often provides 24/7 emergency assistance services. This can include access to a helpline for immediate support, travel information, and guidance during critical situations such as lost passports, legal emergencies, or language barriers.
How to Apply?
Applying for travel insurance is easy and convenient. You can compare and buy travel insurance online from various providers and platforms. You will need to provide some basic information about yourself, your trip details, and your desired level of coverage. You will also need to declare any pre-existing medical conditions that may affect your eligibility or premium. You will then receive a quote and a policy document that outlines the terms and conditions of your cover.
It’s crucial to understand the policy details by reading carefully the terms and conditions, including coverage limits, exclusions, and claim procedures. Ensure that the policy aligns with your needs and offers sufficient coverage for potential risks. You should keep a copy of your policy and the contact details of your insurer with you while travelling.
Reference of Fee for Some Trustworthy Travel Insurance Brands
The cost depends on various factors, such as your age, destination, duration, activities, level of cover, and pre-existing medical conditions. Therefore, it is advisable to compare different quotes and plans from different providers before choosing one.
According to our research, here are some of the reputable travel insurance brands that offer coverage for Vietnam:
- InsureMyTrip: This is a comparison website that allows you to compare and buy travel insurance plans from various providers. You can customize your search based on your destination, trip duration, age, and coverage preferences. For a one-week trip to Vietnam, we found a range of plans from $18 to $64, depending on the level of coverage and deductible. Some of the providers include AXA, Seven Corners, TravelSafe, and Trawick International. All plans include at least $10,000 of medical coverage for COVID-19 treatment, which is required by the Vietnamese authorities. Some plans also offer additional benefits such as trip cancellation, emergency evacuation, baggage protection, and 24/7 assistance.
- Luma Vietnam Pass: This is a travel insurance plan designed specifically for Vietnam by Luma Health, a leading health insurance provider in Asia. You can choose from four plans: Essential, Plan 1, Plan 2, and Plan 3, with different levels of coverage and premiums. For a one-week trip to Vietnam, the fees range from $18 to $30. All plans include medical coverage up to $100,000 and personal accident coverage up to $43,500. Plan 2 and Plan 3 also include incidental accident coverage such as baggage loss or delay, travel delay, trip curtailment or cancellation, personal money, and personal liability.
- Chubb Travel Insurance: This is a travel insurance plan offered by Chubb, one of the world's largest insurance companies. You can choose from One Trip or Annual plans for international trips, with different options for coverage and premiums. For a one-week trip to Vietnam, the One Trip plan fees range from $22 to $57. All plans include medical expenses up to $1 million and personal accidents up to $100,000. The higher-tier plans also include travel inconvenience benefits such as trip cancellation or interruption, baggage loss or delay, travel delay or misconnection, and personal liability.
*Based on quotes obtained on 12th May 2023
Double Guarantee for Your Vietnam Trip with EzyTravel
Travelling in Vietnam may be an exciting adventure, especially for those who want to experience the country's infinite and wonderful beauty by bike. Cashless payment is prevalent in major cities like Vietnam Ho Chi Minh City, Ha Noi Capital, Da Nang, Nha Trang, and others. While some may not, overseas travellers must be prepared to carry cash.
However, it has been reported that robbery and theft are two of the most difficult problems to handle. The most efficient method may be to limit the quantity of currency carried, and EzyTravel is the solution to your difficulties.
You may top up with EzyTravel and lock in the currency rate at the time of purchase. Meanwhile, with a real bank present, it is simple to withdraw funds across Vietnam. By doing this, you may travel without concern, carry less cash, and lower the high risk.
Conclusion
In conclusion, travel insurance is not an expense to overlook but rather a valuable investment in your peace of mind and financial security while exploring the world. By providing coverage for medical emergencies, trip cancellations or interruptions, lost or delayed baggage, travel delays, and emergency assistance, travel insurance safeguards you against unforeseen circumstances that could potentially derail your travel plans.
Remember, travel insurance is not just an additional cost; it is a safety net that protects you from financial losses and provides valuable support in times of need. So, before embarking on your next adventure, make sure to prioritize travel insurance and enjoy the peace of mind that comes with knowing you're prepared for whatever the journey brings.
Safe travel!
