Advertisement

Anonymous

19 Jun 2020

∙

Would it be a wise choice to cancel my annual direct Asia travel insurance plan?

I know it is a bit late but it since I will probably not be able to travel for a few more months, it wouldn't make sense to keep this plan. Or does it not make a diff whether I cancel or not? (in terms of fees)

DirectAsia Travel Insurance

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Pang Zhe Liang

19 Jun 2020

Lead of Research & Solutions at Havend Pte Ltd

Since you are not flying, then it doesn't make sense for you to keep the travel insurance. Therefore, save the cost or channel it for other purposes.

In any case, when you do fly again in the near future, the cost that you have saved today is probably enough to pay for the single trip or subsidise your annual plan.

I share quality content on estate planning and financial planning here.

Reply

Save

Write your thoughts

Related Posts

24F working adult. My parents have got me covered for health insurance. Would it be wise to get term plan covered 1.5x of my current annual salary?

If an insurer imposes loading on a plan, I accept but few months down the road, I cancel the plan and apply with another insurer, would the new insurer be able to find out about this?

Do any travel insurance cover trip cancellation due to pregnancy complications (before 3rd trimester)? If so, which travel insurance plan?

I made travel plans to Europe in March and bought Tiq travel insurance, would insurance cover for my tickets if the Wuhan outbreak gets serious?

Can insurance agents do a direct comparison of certsjn plans across insurance companies in singapore, in terms of premiums and benefits? It would be good if there are detailed articles on this.?

Related Products

DirectAsia Travel Insurance

3.0

21 Reviews

DirectAsia Travel 150 Plan

$35

PER ADULT (THAILAND, 1 WK)

$150,000

MEDICAL COVERAGE (OVERSEAS)

$3,000

TRIP CANCELLATION

$1,000

LOSS OR DAMAGE OF BAGGAGE

Income Travel Insurance

4.5

540 Reviews

Singtel Travel Protect Travel Insurance

4.8

218 Reviews

Related Posts

24F working adult. My parents have got me covered for health insurance. Would it be wise to get term plan covered 1.5x of my current annual salary?

If an insurer imposes loading on a plan, I accept but few months down the road, I cancel the plan and apply with another insurer, would the new insurer be able to find out about this?

Do any travel insurance cover trip cancellation due to pregnancy complications (before 3rd trimester)? If so, which travel insurance plan?

I made travel plans to Europe in March and bought Tiq travel insurance, would insurance cover for my tickets if the Wuhan outbreak gets serious?

Can insurance agents do a direct comparison of certsjn plans across insurance companies in singapore, in terms of premiums and benefits? It would be good if there are detailed articles on this.?

Advertisement