One-way Travel Insurance
Are you heading overseas with no return date in mind? Then one-way travel insurance might be the best choice for you.
What Is One-Way Travel Insurance?
One-way travel insurance is intended for people travelling abroad for an extended period of time without a return ticket and doesn’t have any return date in mind. With this type of travel insurance policy, you will be covered on your trip, starting from your departure country to your final destination.
One-way travel insurance is the best option for an open-ended trip. You may also consider this type of travel insurance if you are:
- Emigrating to another country.
- Returning to your home country after living abroad.
Key Points
- One-way travel insurance is best for open-ended trip.
- There are three main coverages one-way travel insurance offer, including medical treatment and evacuation, loss of personal belongings, and cancellation and curtailment.
- Like most other travel insurance policies, there are exclusions that you need to be aware of.
What Are the Benefits of One-Way Travel Insurance?
You might think you don’t need travel insurance if you’re traveling one way. However, getting insured for one-way travel is always a good idea since cancellations and delays could still wreck your trip. Unwanted situations, such as lost luggage, can always happen, causing not only frustration but also financial loss. With one-way travel insurance, you will be protected from all of these eventualities.
What’s the Difference Between One-Way Travel Insurance and Annual Travel Insurance?
There’s a big difference between annual travel insurance and one-way travel insurance. Annual travel insurance covers many trips that extend an entire year, but the amount of time you can spend abroad on one trip is usually limited to 31 days. Your trips must begin and end in Thailand during the limited time to be covered, and the policy will reset the cover duration when you return to Thailand and start the new trip in the year.
On the other hand, one-way travel insurance is for those who are emigrating or working overseas and have no idea when or whether they will return to Thailand or not.
One-way travel insurance is designed for people travelling abroad for an extended period of time without a return ticket and doesn’t have any return date in mind.
What’s Covered By One-Way Travel Insurance?
Generally, one-way travel insurance offers the same coverage as regular travel insurance. The following are the main coverages of one-way travel insurance:
Medical Treatment and Evacuation
Medical treatment and evacuation cover is the core coverage of one-way travel insurance. It provides the essential medical protection against the high cost of medical treatment and emergency evacuations. In most cases, it also provides access to trained medical personnel for 24 hours. This means that you can always have medical advice whenever you need it.
Loss of Personal Belongings
One-way travel insurance also covers you against the losses of your personal belongings, including baggage and travel documents (such as passports).
Cancellation and Curtailment
Should your trip get canceled unexpectedly or you are forced to return home earlier than your original plan, the insurance will cover you from the expenses.
One-way travel insurance generally offers the same coverage as regular travel insurance.
What Isn’t Covered By One-Way Travel Insurance?
Like most other travel insurance policies, there are exclusions that you need to be aware of. Claims arising from the following scenarios are usually excluded from one-way travel insurance:
- Dangerous activities, such as extreme sports.
- Negligence leading to loss of personal belongings and valuables.
- Drug or alcohol-related claims.
- Injury caused by paid work.
- Pregnancy.
- Pre-existing medical conditions.
- Cancellation due to a change of mind.
- Unlawful activity.
What To Consider Before Taking One-Way Travel Insurance
Besides the things mentioned above, such as the coverage and exclusions, there are many things you need to consider when you’re taking one-way travel insurance. Two of the most important factors to consider are:
Your Age
The length of cover provided by one-way travel insurance can be affected by your age. Those aged up to 65 years might be covered longer, usually for a maximum of one day to one year until you reach your final destination. If you are 66 to 100 years old, the length of the coverage will usually be shorter.
Pre-Existing Medical Conditions
In most cases, pre-existing medical conditions are not covered by one-way travel insurance. Some insurers may cover them for a higher premium. Either way, be sure to disclose all health conditions with your insurer.