Traveling has become one of the best methods most individuals do to escape the busy streets of the city, unwind their souls from their hectic job schedules as well as to pamper themselves from working every day. Aside from the fun and excitement, there are some unwanted circumstances that happen whenever you travel like lose items, flight delays, and other travel inconveniences, and sometimes, scenarios that require medical treatment can also happen while traveling. This is the main reason why having travel insurance is a must. In Malaysia, a bank offers every traveler the best Malaysia travel insurance for application which can be purchased with a faster process and efficiency.
OCBC Bank offers a travel insurance service they call TravelMate which can be customizable to fit their clients and customers’ preference. Their travel insurance requires a series of requirements that should indicate whether you’re capable of having the said travel insurance.
The best thing to do before you head out and fill up the Malaysia travel insurance for application is to inform yourself of the details and requirements the bank has required you to present in order to avail the travel insurance.
The requirements needed include the following:
- You and your spouse (if you have any) must be Malaysians or have papers that recognize you and your spouse as a permanent resident of the country. A work permit for legally employed workers in Malaysia is also required.
- Applicants must be 18 to 70 years of age. If you’re applying for your children with the same travel insurance, children must be aged between 1 month and 18 years old. In some instances, they also allow children atthe age of 23, particularly if they’re in tertiary education.
- Applicants can only purchase 1 Policy for the same journey, which requires applicants to have their trip begin in Malaysia and end in the country as well. The maximum period for any travel is 90 days.
- TravelMate should be purchased 14 days before the client’s trip. This is for the bank to compensate your account for irrecoverable travel and accommodation expenses particularly with the event of unavoidable cancellation of a booked journey.
TravelMate offers various travel insurance packages which customers and clients can choose from. The idea here is to give you full coverage with reimbursements for travel disruptions, inconveniences, and medical expenses while travelling.
Customers and clients are allowed to choose from 2 of their travel insurance plans which vary from Accidental Death & Permanent Disablement, and Medical & Compassionate Benefits. Each travel insurance plan is customizable, allowing clients and customers to place certain add-ons to their travel insurance plans. Each add-on can be checked through their website.
Traveling can be one of the most pleasurable experiences for an individual; the thrill of going from one place to another and explore different countries, cities, and meet different people really enhances an individual’s social and mental health. However, there are some unavoidable instances that can occur while you’re traveling, that is why you should avail the best and efficient travel insurance plan.