Travel Insurance - Understand what you bought covers

(22-07-2012, 04:19 PM)funman168 Wrote: I had been using ACE insurance bought using standard chartered credit card. anyone know if it is sufficient?
i rem that it is one of the cheapest in the market.

Hi Muck,

Open up the policy wordings, read it, and see if you are satisfy with their conditions. If not, maybe another insurer's plan will be more suitable.

(15-12-2012, 10:36 AM)NTL Wrote:

(22-07-2012, 04:19 PM)funman168 Wrote: I had been using ACE insurance bought using standard chartered credit card. anyone know if it is sufficient?
i rem that it is one of the cheapest in the market.

Hi Muck,

Open up the policy wordings, read it, and see if you are satisfy with their conditions. If not, maybe another insurer's plan will be more suitable.

Agree with you completely NTL. As with any policy, most impt to read the terms.

(22-07-2012, 04:19 PM)funman168 Wrote: I had been using ACE insurance bought using standard chartered credit card. anyone know if it is sufficient?
i rem that it is one of the cheapest in the market.

Not exactly the cheapest. I think MSIG one is cheaper but ACE compensation is higher. You need to think if the compensation is worth the premium you pay.

(15-12-2012, 12:23 PM)Some-one Wrote:

(22-07-2012, 04:19 PM)funman168 Wrote: I had been using ACE insurance bought using standard chartered credit card. anyone know if it is sufficient?
i rem that it is one of the cheapest in the market.

Not exactly the cheapest. I think MSIG one is cheaper but ACE compensation is higher. You need to think if the compensation is worth the premium you pay.

In my experience, the adage "you get what you pay for" certainly rings true in insurance. What you "get" encompasses:
1) type of coverage
2) quantum of coverage
3) ease of claims