Personally, I all the time journey with private insurance coverage. Issues occur. That is the cash I pay and reasonably by no means to make use of it. It’s not a value-for-money buy however extra of prevention-is-better-than-cure coverage.
I’m not a monetary guru, however am thought of financially savvy amongst my friends. I’ve insurance coverage for all times, well being and legal responsibility. Particularly since unpredictable issues can occur when travelling, you by no means know while you want it.
On high of the same old pupil insurance coverage in New Zealand, I purchased additional journey insurance coverage through the Three summers I used to be travelling, in addition to for my 2 South Island holidays and 1 Australia vacation. Fortunately, I by no means use the insurance coverage in any respect throughout my Three holidays.
Throughout my final semester, our little metropolis had a gastrointestinal virus epidemic. Happily, I used to be okay through the semester until exams. Nonetheless, my shut buddy caught it at the beginning of the vacations and I drove her to the hospital. I will need to have gotten the nosocomial an infection there.
The bug attacked inside per week and my summer time flatmate drove me to A&E at evening as there have been no 24-hour clinics round. To chop a protracted story brief, the invoice got here as much as NZD$400+ which I managed to assert efficiently with my journey insurance coverage. Cannot actually bear in mind, however the coverage in all probability prices about NZD$160 for 10 weeks.
Throughout my 2nd and third summer time in New Zealand, I used to be taking care of my buddies’ automotive as they returned dwelling for holidays. As their vehicles have been manufactured earlier than 12 months 2000, automotive insurance coverage was costly. Therefore, I bought the AA membership as an alternative.
Suppose it was an indication that I mustn’t drive, I met 7 automotive accidents in a span of 10 weeks. Out of these, I used to be within the automotive Three instances – drove into center of roundabout throughout heavy rain, knocked on the curb and punctured a tyre, and kissed the butt of a van as a result of I by chance launch the foot brake.
Fortunately with AA membership of NZD$100++, I claimed tow truck twice and bought somebody got here to alter tyre for me at no cost. Heard the tow truck service is basically costly in NZ. Mechanics are costly too, about NZD$60 per hour.
Since I didn’t have automotive insurance coverage, I paid my buddy NZD$Three,000 for all of the dents and bumps on his Toyota Trueno. Because the Chinese language saying ‘Lose cash simply to keep away from misfortune’, I’m grateful that I’m wholesome, intact and advantageous at this time.
In my current vacation to Phuket, Thailand, I used to be down with meals poisoning through the journey. After I got here again, I went straight to see the physician at Changi airport at 2.30am. The invoice got here as much as SGD$120+. Managed to assert promptly with my Chartis Journey Guard insurance coverage underneath Jetstar which prices SGD$30+.
Presently, the longest journey insurance coverage protection is by DBS/POSB for 1 12 months at SGD382.50 worldwide. Guess it’s a signal of preserving it to a 1-year timeline per journey. Who is aware of, possibly there are Three-year insurance coverage insurance policies within the close to future!