Advanced Abilities’ insurance marketplace platform Policymate, and Advanced eSIM have joined forces in offering travel insurance under its Travel Safely, Connect Freely program at prices comparable to the price of meal in Metro Manila.
“We understand that planning a vacation is exciting but could also be very stressful as it draws closer and the potential problems unravel themselves,” said Angelo Antonio “AA” Buendia, CEO and President of Advanced Abilities. “Policymate hopes to provide a more convenient way to compare coverage options, understand policy limits, and read customer reviews with a user-friendly interface to make it easier to choose the best policy tailored to each one’s unique needs.”
“Bundled with Advanced eSIM for hassle-free and stable connectivity where you don’t have to carry extra gadgets or subscribe to expensive international roaming plans, it becomes the perfect worry-free travel pack,” added Buendia.
According to the partners, the service could be had for as low as P304, for example.
The partners said travel insurance is a safety net offering financial support in unexpected situations. The right travel insurance policy can help provide the peace of mind travelers need. Medical coverage is a primary benefit, covering expenses for hospital stays, medical treatments, and emergency evacuations while traveling.
Insurance marketplace platforms like Policymate provide an abundance of travel insurance policies for users to choose from. For some policies, trip cancellation and interruption coverage reimburse non-refundable trip costs if unforeseen events canceled or shortened trips. Insurance also safeguards belongings, covering loss, theft or damage to luggage and personal items, while travel delay coverage compensates for additional expenses incurred due to delays.
Each policy is different and making the right decision for travel insurance requires careful evaluation of the coverage details. To choose the best travel insurance policy, travelers can start by assessing their needs.
Considering the destination and itinerary are important as coverage requirements and healthcare costs vary by country.
The partners urge clients to see to it that the policy offers comprehensive medical coverage, including high limits for hospital stays and medical evacuation.
Frequent travelers might find annual multi-trip policies more cost-effective compared to single-trip insurance. Those into high-risk activities such as skiing or scuba diving, on the other hand, should ensure their policy will cover any medical expenses that may arise.
Trip cancellations and interruptions are sometimes inevitable so the policy should adequately reimburse non-refundable costs. Baggage and personal belongings coverage is essential for protecting valuables, while travel delay coverage helps manage unexpected expenses.
The partners said understanding policy limits and exclusions is crucial.
“Policymate provides a view of offers from reliable insurance companies like Liberty and Fortune Gen, with more to come in the future. Each offer ranges from P500,000 to P1.5 million coverage plans, it’s essential to ensure that the chosen policy meets their needs. Travelers should also take note of exclusions, such as pre-existing medical conditions or specific activities, to avoid surprises when filing a claim, the partners said.
Cost is also an important factor but this should be balanced with the coverage offered. While cheaper policies may seem attractive, they often come with higher deductibles or lower coverage limits. Ensure the policy provides value for money and meets your specific needs, the partners added.
Comparing policies is vital for making an informed choice. With Policymate, consumers are able to evaluate a variety of insurance policy options based on coverage, limits, exclusions, and cost.
Aside from travel insurance, Policymate also provides options for accident, property, automobile, and even plans for pet and gadget protection.
The partners also offer an industry-standard digital sim that allows users to activate a cellular plan in their devices without using a physical sim card or carrying a pocket wifi available in over 180 countries globally.
Plans start at P81 for 1GB for seven days and P260 for 20GB for 30 days, the partners said.
