With the long summer break just ahead of us, Hong Kong is gearing up for its annual vacation season. This means that Hongkongers will be jetting off to far-flung corners of the planet to partake in a plethora of pursuits. But with any travel comes uncertainty. Whether it’s the airline losing your luggage on-route, or something more serious, the unexpected can happen when you’re far from home. So, to help you avoid any unwanted stress that you most certainly do not need on holiday, CCW Global is here with a few tips on how travel insurance can help.
Start Your Trip with Security
Nothing is more exciting than waking up on the morning of your vacation, knowing that you’re soon jetting off to a new destination. But having something as simple, yet troublesome, as a rainstorm can really affect your plans. And in Hong Kong, when it rains – it pours. A black rainstorm or even typhoons can mean the cancellation of public transports. It can also lead to a temporary cessation of arrivals and departures at the airport. And if you can’t get to the airport due to unexpected restrictions, then you’re probably not going to make your flight. This is known as curtailment.
If a storm is so severe that planes cannot take off, then your flight will likely be delayed, and a long enough delay will end up in flight cancellations. The worst thing is, delays don’t even need to happen in Hong Kong, the weather conditions at your destination can cause delays or cancellations too.
Luckily, curtailment, delay of travel, and cancellations are all covered risks under comprehensive Hong Kong Travel Insurance and can give you financial security in the event that you are unable to travel due to circumstances beyond your control.
Don’t Forget Your Luggage
While you don’t need a travel insurance policy to protect your physical possessions, a home contents plan with Worldwide All Risks coverage will do the job just fine, travel insurance can do an excellent job of ensuring that you are compensated for any stolen or damaged items while on your journey.
From stolen bags at the airport to lost passports and jewellery, there is a far bigger risk of crime overseas than many Hong Kong residents are used to. You may not think that having a safe stolen from the walls of your room at a five-star hotel in Cancun would be a ‘risk’, but it has happened. Even in the US, there were recent reports of a customs agent stealing cash out of hand luggage at the international arrivals hall.
Travel insurance is a great tool for ensuring that you are compensated for any stolen valuables, and that you will be able to receive the assistance you need in replacing these items. This is particularly important with things like passports and cash, the losing of which, can turn a dream vacation into a nightmare.
Global Health Insurance for a Fraction of the Price
One of the biggest risks of going overseas is the danger of suffering a serious accident, or falling gravely ill in a foreign country with a foreign healthcare system and unfamiliar pricing. Local Hong Kong health insurance options do not, generally, cover your medical expenses outside of HK, and while there are international health insurance products which do offer worldwide coverage, these are normally fairly expensive.
Travel Insurance is a low-cost alternative to international health insurance. Because plans only exist for a specific length of time (the duration of your trip), and the cost of coverage is much lower than annual health protection plans.
However, medical insurance is invaluable, should the worst happen while you are overseas. With some travel insurance plans offering unlimited medical protection, including emergency evacuation and repatriation, health insurance plays a key part of any good travel insurance plan, which should not be overlooked in the uncertainties of the modern world.
Free Travel Insurance Quotes
If you are going away for the summer and would like to explore travel insurance options that best meet your specific needs, or if you would like to learn more information about the many travel insurance products available in Hong Kong, get in touch with CCW Global today.
CCW Global, Unit 4 – 6, 11/F, Bonham Trade Centre, 50 – 54 Bonham Strand, Sheung Wan | (+852) 2114 2840