Travel Insurance In The Philippines: How Much Does It Cost?

2 min. read By eCompareMo on

Travel insurance (or travelers’ insurance) is a safety net for restorative costs while you are on the move, which is applicable to both local and international travels. The cost varies, depending on the destination, trip duration, and the extent of coverage.

Aside from covering restorative expenses on your trip, insurance premiums also cover numerous compensation for other related unfavorable situations.

Travel Insurance In The Philippines: How Much Does It Cost?

Many Filipino travelers consider insurance as a non-essential when traveling. However, mishaps are unavoidable and you cannot fully rely on the services of most airlines.

As a smart passenger, it is your duty to ensure that you are secured and protected from all the incidents that may happen during your travel.

Some travel worries that you might encounter are loss or delay of baggage, cancelled flight, delayed departure, missed connecting flight, missed departure, as well as loss of important documents and identification.

(Read: Why Do I Need Travel Insurance?)

While many think that obtaining a premium is just an additional expense, travel insurance is actually a big help to cut back on the unexpected expenses brought about by sudden accidents.

Many of these common sudden mishaps that are out of control—even by the airlines—involve a hefty cost. Aside from thinking about the travel insurance cost, travelers should also consider what is best for their needs.

How travel insurance costs vary

The basic premium covers flight delays, personal property baggage, assistance on medical emergency, as well as personal accident. Plot your travel itinerary and other related whereabouts to determine the most suitable coverage for you and your family. This way, you get the most out of the money you spend.

To give you an idea, check out our sample travel insurance cost estimates below:

Sample Travel Insurance computation for Individual Adult Passenger

Domestic Asia Schengen Worldwide Worldwide (excluding US, HK, Canada)
Single trip (5 days)

₱419 to ₱1,667

Medical coverage ₱300,000 to $50,000

₱561 to ₱673

Medical coverage $20,000 to $50,000

₱818 to ₱1,937

Medical coverage EUR30,000 to EUR60,000

₱569 to ₱2,072

Medical coverage ₱500,000 to EUR60,000

₱303 to ₱1,937

Medical coverage ₱500,000 to $50,000

Multiple trips (up to 60 days)

₱5,124 to ₱12,432

Medical coverage
₱500,000 to $50,000

₱12,714 to ₱16,332

Medical coverage $20,000 to $50,000

₱14,009 to ₱29,205

Medical coverage $50,000 to EUR60,000

₱6,404 to ₱25,779

Medical coverage ₱500,000 to $60,000

₱5,765 to ₱14,009

Medical coverage ₱500,000 to $50,000

Annual trip

₱19,917 to ₱24,443

Medical coverage $20,000 to $50,000

₱31,713 to ₱43,744

Medical coverage EUR30,000 to EUR60,000

₱26,168 to ₱38,612

Medical coverage $20,000 to $60,000

Sample Travel Insurance computation for Family Package (One Adult, 2 Children below 17 years old)

Domestic Asia Schengen Worldwide Worldwide (excluding US, HK, Canada)
Single trip (5 days)

₱697 to ₱4,099

Medical coverage: P300,000 to $50,000

₱1,210 to ₱1,484

Medical coverage $20,000 to $50,000

₱1,821 to ₱4,775

Medical coverage EUR30,000 to EUR60,000

₱1,405 to ₱5,135

Medical coverage P500,000 to EUR60,000

₱1,255 to ₱4,775

Medical coverage P500,000 to $50,000

Multiple trips (up to 60 days)

₱31,013 to ₱39,832

Medical coverage $20,000 to $50,000

₱54,809 to ₱71,345

Medical coverage $50,000 to EUR60,000

₱42,663 to ₱63,014

Medical coverage $20,000 to $60,000

Annual trip

₱46,463 to ₱59,692

Medical coverage $20,000 to $50,000

₱77,537 to ₱105,594

Medical coverage EUR30,000 to EUR60,000

₱63,939 to ₱94,465

Medical coverage $20,000 to $60,000

Pro tip: Do your research before making the purchase. Use a travel insurance cost calculator and review each coverage thoroughly.

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