Maybank Travel Insurance Singapore
Maybank is one of Singapore’s top banks and offers a host of insurance and banking products. The Maybank Travel Insurance packages are particularly famous as they offer flexibility, comprehensive coverage and affordability. Let us look at some notable features and see why Maybank’s Travel Insurance packages are worth purchasing.
Types of Maybank Travel Insurance Singapore:
Maybank Singapore basically offers two types of Travel Insurance packages:
- The TravelCare Plus
- The EnhancedEverTravel
Let us look at each of these in detail:
- The TravelCare Plus:
- The TravelCare Plus policy covers several aspects of your travel including medical expenses incurred overseas, financial losses suffered, loss to property or loss of baggage, personal liability and more. The policy only provides you with a 24-hour cover and covers almost every minute aspect of your travel.
- The EnhancedEverTravel:
- The EnhancedEverTravel accommodates an extensive set of benefits, mostly similar to the TravelCarePlus but slightly different on some fronts. The EnahncedEverTravel also covers your emergency accident assistance, medical emergencies, and more.
Maybank Travel Insurance Coverage Details
|Coverage||TravelCare Plus||Enhanced EverTravel|
|Personal Accident Protection||S$500,000||S$100,000|
|Loss of Passport or travel-related documents||S$5,000||S$5,000|
|Loss of baggage||S$8,000||S$5,000|
|Cancellation of trip||S$20,000||S$15,000|
|Trip interruption causing return to Singapore||S$15,000||S$8,000|
|Medical expenses overseas||S$500,000||S$500,000|
|Emergency medical evacuation||S$8,000||S$5,000|
|Double indemnity for death in public transport||S$1,00,000||S$200,000|
|Trip cancellation for any reason||S$5,000||S$5,000|
|Family assistance benefit||S$8,000||Not covered|
How to Apply for Maybank Travel Insurance
If you wish to apply for a Maybank Travel Insurance Policy, you can visit the official Maybank Singapore website and fill out the application form online. You will be required to provide various details, including your identity details, residential details, income details, travel details and more. While applying for a travel insurance package from Maybank, you can either choose an annual plan or a single trip plan. Further, if you are travelling with your family, you can choose from available options specifically designed for families.
Once you fill out the online application form, an executive from Maybank will get in touch with you and help you complete the remainder of your application. Besides visiting the official Maybank website, you can also approach licensed travel agents. Travel agents also try and give you great deals on your insurance purchase.
Another convenient way of applying for travel insurance is through the Maybank Mobile Application for Android and iOS. If you are an existing Maybank customer, you can simply login to the Maybank mobile app with your credentials and apply for a travel insurance package of your choice.
Check your Eligibility for Maybank Travel Insurance
In order to be eligible for a travel insurance package from Maybank, you must meet the following eligibility parameters:
You must be a citizen of Singapore or a Permanent Resident. Foreigners are also permitted to purchase the package but you should be working or living in Singapore.
All your relevant document should be submitted. Inconsistencies in information will result in your travel insurance application being rejected.
Your trip should either begin or end in Singapore and you shouldn’t be travelling overseas specifically for medical treatment. As your insurance policy would cover your medical expenses if you were to be admitted overseas due to a condition sustained during your travel, your policy will not cover your medical expenses if you are going abroad to be treated for a pre-existing medical condition.
How to Claim Maybank Travel Insurance?
The claim process is quite simple and easy. You will need to download the claim form from the official Maybank website and fill out the details of events that require an insurance claim. Fill out relevant details on the form depending on the type of claim you wish to make. Once you submit your claim request, an executive from Maybank will contact you to take your claim settlement process forward.
Alternatively, you can also contact the Maybank hotline number to initiate your claim request. The Customer Service Representative will assist you and help you in taking your request forward.
Benefits of choosing Maybank Travel Insurance
There are several benefits of choosing Maybank’s travel insurance package for your travel needs. Let us take a look at the most prominent benefits that can be received upon purchasing a travel insurance policy from Maybank Travel Insurance:
- There are highly flexible travel insurance and the insurance packages offered by Maybank Travel Insurance can be customised based on individual needs of customers. Customers can choose to either purchase an annual package (i.e. if they are frequent travellers) as well as a Single trip package – mostly preferred for less frequent travellers.
- The Maybank Travel Insurance package covers the needs of both the policyholder as well as his/her family. Depending on the policy chosen and the premium payment selected under the policy, the sum insured under various categories will vary.
- The most common types of coverage that’s available under the Maybank Travel Insurance package include: Medical expenses, death cover, permanent disability, personal accident, loss of luggage and inconvenience. The sum insured under each of these categories will vary.
- With Maybank Travel Insurance, you can be sure of enjoying a stress free holiday and prevent unnecessary troubles arising from minute, or even major, inconveniences.
Frequently Asked Questions on Maybank Travel Insurance
- As a foreigner, can I apply for a travel insurance policy from Maybank ?
Yes. You can. But your journey should be connected to the Island state in order for you to apply for a travel insurance policy from Maybank.
- Can I purchase the Maybank Travel Insurance if I am a Foreigner?
Yes. The Maybank Travel Insurance Package can be purchased by foreigners as well. But the trip should start and end in Singapore.
- What is the maximum duration of travel under the family plan?
The maximum duration of travel for a family trip is up to 180 days.