Travel insurance

Many travel insurance plans cover events causing delays or cancellations, e.g. weather issues or if you become too ill to travel. Therefore, it is a good idea to purchase insurance soon after booking your transportation and accommodations.

The upper age limit for many travel insurance policies ranges from 70-85 years. Coverage for the elderly can be less than for younger persons, e.g. the upper limit of death benefit and benefits on medical expenses.

Pay attention to the maximum benefit for medical expenses (emergency evacuation and repatriation services, hospital deposit and treatment expenses after returning to Hong Kong), and note the exclusions and conditions, e.g. age limit on protection of participation in high-risk sports and activities.

When purchasing an annual travel insurance plan, take note that the insured period for most annual travel insurance policies is only 60– 90 days, and the maximum benefit for certain items in the annual travel insurance plan may not be higher than that of a single-trip travel insurance plan.

Pay attention to the definition, protection coverage and maximum coverage. Most travel insurance policies will not cover loss caused by war or nuclear risks.