Budget Travel Insurance
“Budget- Friendly Protection, for Budget Travelers.”
TraveLite is a travel insurance specially made for budget and Non-Schengen travellers. It has two plans by which clients may choose from – Plan 250K and Plan 500K. Both have the same benefits, they only differ with the limits. It covers the Insured travelling via any mode of transportation
1. PERSONAL ACCIDENT
TraveLite protects the Assured from the misfortunes of accidents while travelling. It offers benefit for death, disablement, and dismemberment due to accident including burial benefit.
2. MEDICAL REIMBURSEMENT
TraveLite provides coverage for accidental injuries. Expenses incurred due to medical treatment shall be reimbursed for a maximum limit of PhP 500,000. It also includes provision for Daily Hospital Cash Allowance (sickness and accidental injuries) for a maximum of seven (7) days per confinement.
3. RECOVERY OF TRAVEL EXPENSES
TraveLite pays cash for reasonable and irrecoverable travel cost. This shall reimburse the unused portion of travel and accommodation expenses paid in advance that are non-refundable.
4. TRAVEL INCONVENIENCE BENEFIT
TraveLite compensates for delayed departure, flight diversion, baggage delay, damage or loss of baggage, loss of travel documents up to the specified limit in the policy.
5. TRAVEL ASSISTANCE BENEFITS
TraveLite covers the costs of emergency medical repatriation and evacuation. Upon recommendation of attending physician, travel via commercial carrier is covered when an adequate medical facility is not available proximate to where the Assured is located.
To know more about and purchase this product, please call our hotline: 628-8643 you may also send an email to: LTerencio@malayan.com and look for Mr. Laurence Terencio.