Travel Insurance: Worth the extra cost in many situations

August 1, 2024
2:29PM PHT

Insurance might not be for everyone, but if you’re reading this, it might be for you. 

This is why banking giant BDO Unibank, BDO Insurance Brokers (BDO Insure), has products to protect against the unexpected. These could be sudden trip cancellations, illness, natural disasters, political unrest, and airline strikes. 

It also covers daily hospitalization cash assistance, personal accident insurance, personal liability, baggage loss or damage, flight delays, and missed connections.

BDO Insure offers tailored travel insurance options:

  • Domestic Travel: Up to P1 million emergency medical treatment, including COVID-19 coverage
  • International Travel: Up to P1.5 million emergency medical treatment, including COVID-19 coverage.
  • International Travel (Schengen Visa): Up to P2.5 million emergency medical treatment, including COVID-19 coverage.

A few more words from Ed F. Ramirez, retail group unit head of BDO Insure.

"Whether traveling for leisure, business, or exploration, having travel insurance is not just a precaution but a necessity," Ramirez said. 

"Especially as more Filipinos gear up for travel in 2024, we urge everyone to prioritize their safety and financial security by investing in travel insurance,” he added. 

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