Plan 20K USD - Worldwide
Product Overview
| Product Name | Plan 20K USD - Worldwide |
| Geographic Cover | International (Anywhere) |
| Premium Currency | PHP |
| Schengen Area Cover Included | NO |
| Domestic Cover Included | NO |
Cover types
| Covered People | Trip Type | Maximum Duration for One Trip | Maximum Number of Covered Children | Remarks |
|---|---|---|---|---|
| Individual | Annual Cover | 365 | (This is a USD priced product - exchange rate can vary) | |
| Family | Annual Cover | 365 | 2 | (This is a USD priced product - exchange rate can vary) |
Key Travel Risks Covered
| Risk Type | Cover | Deductible | Remarks |
|---|---|---|---|
| Medical Expense Protection | PHP20000.00 | ||
| Personal Accident and Personal Liability | PHP10000.00 | ||
| Medical Expense Protection | PHP20000.00 | ||
| Personal Accident and Personal Liability | PHP10000.00 |
Key Travel Insurance Feature Summary
| Baggage delay: Actual expense |
| Delayed departure: Up to the limit of USD 200 |
| Advance bail bond: Up to USD 1,000 |
Cover Details
| Personal Accident | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Personal Accident | Up to PHP 300,000 |
| Medical Expenses | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Medical treatment | Up to 60,000 USD* excess of 90 USD |
| Baggage and personal effects | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Baggage delay | Up to PHP 5,000 | |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Loss or damage to baggage and personal effects | Up to PHP 5,000 per item maximum of PHP 50,000 (Deductible of PHP 500) | |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Location and forwarding of baggage and personal effect | Unlimited |
| Travel delay, cancellation and curtailment | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Trip cancellation | Up to the limit of 3,000 USD | Deductible of 30 USD |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Trip curtailment | Up to PHP10,000 | |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Flight delay | Up to PHP 10,000 | |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Flight diversion | Up to PHP 10,000 |
| Repatriation and medical evacuation | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual- Transportation or Repatriation (Illness or Accident) | Actual Expense | |
| Repatriation of immediate family member travelling with the insured | Actual Expense | |
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Emergency return home (Death of Family Member) | Actual Expense | |
| Travel of one immediate family member | Travel cost plus 100 USD per day maximum of 1,000 USD |
| Compassionate benefit and assistance | Coverage Limit | Deductible |
|---|---|---|
| Repatriation of mortal remains | Actual Expense | |
| Escort of dependent child | Actual Expense |
| Other features | Coverage Limit | Deductible |
|---|---|---|
| Paramount Life & General Insurance Corporation Paramount Life & General Insurance Corporation Plan 20K USD - Worldwide - Individual-Advance bail bond | Up to 1,000 USD | |
| Emergency dental care | Up to the limit of 200 USD | Deductible of 30 USD |
Fees and Discounts
FAQ
Why Paramount Insurance Plan 20K USD Worldwide Travel Insurance?
Paramount Insurance Plan 20K USD Worldwide Travel Insurance is created to protect those individual with financial security in the case of event ranging from inconveniences to calamities. Coverage may include both costs acquired before your trip such as non-refundable flight tickets or even hotel, and during your trip, such as travel delays and medical expenses. Other benefits include trip cancellation and trip interruption protection, coverage for financial default and more.
What are the considerations when choosing Paramount Insurance Plan 20K USD Worldwide from Paramount?
The most important part of teaching yourself about travel insurance involves drilling down into details of specific plans. Among the first concerns to sort out when choosing a travel insurance coverage is whether to pursue trip specific or annual coverage. Frequent travellers, and those with a big family or young kids, may want to carefully consider the cost savings that an annual plan can offer. Paramount Insurance Paramount Insurance Plan 20K USD Worldwide is your great partner for travel, whether it’s for business, individual or family trip.
Why is it important to compare travel insurance before acquiring a policy?
With great value deals on domestic, international, single or family trip travel insurance, choosing the right insurance policy can be your worst nightmare. Prior to purchasing your travel insurance, comparing insurance quotes online is a smart move to find the best travel insurance policy at an affordable cost for your needs.
