8 Best Travel Insurance Options For Malaysians

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Traveling is a delightful experience that broadens our horizons and creates lasting memories.

However, amidst the excitement of planning a trip, it’s crucial not to overlook the importance of travel insurance.

Travel insurance serves as a safety net, offering financial protection and peace of mind in case unexpected circumstances disrupt your journey.

If you’re traveling from Malaysia, understanding the differences in travel insurance options can help you make an informed decision. In this article, we’ll explore the best travel insurance in Malaysia and list some of the best options available.

Do I Need A Travel Insurane?

Well, this is a pretty subjective question but to me, it is a must and it makes me feel safe. It depends on your needs. 

Whether you need travel insurance depends on factors such as your health coverage abroad, the nature of your trip, and your risk tolerance. If your regular health insurance doesn’t extend to international travel, or if you’re embarking on a costly trip with non-refundable components, travel insurance can provide essential coverage for medical emergencies, trip cancellations, lost belongings, and more.

Assess the potential risks associated with your destination and activities, and carefully review policy details to ensure you have the necessary protection for your specific travel circumstances.

Travel Insurance in Malaysia
Getting a travel insurance allow me to travel with peace of mind

Can Travel Insurance Be Cancelled?

The short answer to this question is : Yes. You can cancel your travel insurance policy within a period determined by your insurance provider. It is best to check the cancellation policy of each provider before purchase.

Which Travel Insurance Is The Best?

Travel insurance covers essentially similar terms; however, there are always differences, and some policies stand out as the best for certain concerns. It is always wise to compare difference policy and choose the one that best suits your needs. 

Best for Medical Coverage : Allianz Travel Care

Allianz Travel Care offers an extensive medical coverage plan that encompasses both domestic and international travel.

This coverage is particularly valuable in case of unexpected illnesses or accidents during your journey.

With comprehensive benefits that include medical expenses, emergency medical evacuation, and even coverage for medical expenses related to COVID-19, Allianz Travel Care ensures that you receive the necessary medical care without worrying about exorbitant costs.

Highlights of the insurance:

  • Medical : Up to RM 350,000
  • Emergency Evacuation : RM 10,000,000

Best For Trip Cancellation & Interruption: Etiqa TripCare 360

Etiqa TripCare 360 stands out due to its coverage for trip cancellations and interruptions, especially in the context of the ongoing COVID-19 pandemic.

This coverage safeguards your financial investment in case your trip is disrupted due to pandemic-related reasons, providing reimbursement for pre-paid expenses like flights and accommodations.

Highlights of the insurance:

  • Trip Cancellation : Up to RM 50,000
  • Trip delay : Up to RM 5000
  • Missed travel connection : Up to RM 600

Best For Adventurous Activity Coverage : Etiqa TripCare 360

 If you’re an adventure enthusiast seeking adrenaline-pumping activities during your travels, Etiqa’s TripCare 360 is your go-to option.

With the provision for optional adventure activities coverage, this plan ensures that you’re adequately protected while engaging in high-risk sports and activities such as bungee jumping, scuba diving, sky diving , skiing and many more.

Highlights of the insurance:

  • Coverage with additional contributions

Best For Baggage Protection : Chubb Insurance

Chubb Insurance provides reliable coverage for your personal belongings and baggage. Whether it’s lost luggage, theft, or damage to your possessions, Chubb Insurance ensures that you’re compensated for these unfortunate situations.

This feature offers peace of mind, knowing that your belongings are safeguarded throughout your travel journey.

Highlights of the insurance:

  • Loss or damage of personal belonginggs: Up to RM 7,500

Best For Golfer : Chubb Insurance

If you are a golf enthusiast and love to travel abroad to play golf, then Chubb Insurance is definitely your number one insurance to consider.

In Chubb Travel Insurance Premium package, there is a option to add on Golf benefit. You can get insurance for a peace of mind against potential golf club theft.

Highlights of the insurance:

  • Golf benefit: Up to RM 1000
  • Cruise Pack: RM 50,000

Best For Family Plan : Tune Protect Travel Insurance

Tune Protect Travel Insurance provides comprehensive coverage suitable for families, addressing medical emergencies, trip disruptions, and baggage protection for every member of the family.

This inclusive coverage ensures that your entire family can travel with confidence, knowing that you’re all protected against unexpected challenges.

Highlights of the insurance:

  • Medical expenses: Up to RM 900,000
  • Personal Liability : RM 1,000,000

Best For Child Plan : Generali

Families traveling with young children will find Generali appealing due to its flexibility in including coverage for children.

This feature ensures that even the youngest members of your family are protected against medical emergencies and other unforeseen events during the trip.

Highlights of the insurance:

  • Child education: Up to RM 10,000
  • Child care: Up to RM 5,000

Best For Senior Citizen : Generali

Generali provides tailored coverage for senior citizens, taking into account the unique needs and considerations of this demographic.

The plan offers comprehensive medical coverage, trip protection, and other benefits designed to address the specific requirements of senior travellers. One of the highlights of the Generali travel insurance coverage for senior citizen is the unlimited emergency medical evacuation protection.

So if you are looking for travel insurance for seniors, Generali is certainly one of the best.

Highlights of the insurance:

  • Compassionate Visitation: Up to RM 7,500
  • Emergency medical evacuation: Unlimited
  • Home Care : Up to RM 5000

Best Budget-Friendly Plan : Tune Protect Travel Insurance

Tune Protect is an excellent choice for travellers seeking value for money.

With a range of plans tailored to different budgets, Tune Protect manages to maintain high-quality coverage across essential areas like medical expenses, baggage protection, and trip cancellations. This affordability doesn’t compromise the quality of protection you receive during your travels.

This budget-friendly travel insurance is suitable for long term traveller as well. When I was travelling to United States for work and travel program, I bought this travel insurance due to its value for money. And the process was pretty easy too!

Highlights of the insurance:

  • Hospital Income: Up to RM 10,500
  • Lost of Credit Card: RM 5,000

Best For Covid Protection : Etiqa TripCare 360

Etiqa TripCare 360 excels in providing coverage tailored to the unique challenges posed by the COVID-19 pandemic.

This plan includes coverage for COVID-19-related medical expenses and trip cancellations, ensuring that you’re adequately protected against the uncertainties associated with the virus during your journey.

Highlights of the insurance:

  • Trip cancellation due to Covid : RM 5000
  • Medical Expenses due to Covid : Up to RM 300,000
  • Emergency evacuation due to Covid : RM 100,000

As always, individual preferences and circumstances play a significant role in selecting the best travel insurance plan. Carefully assess the features and benefits of each plan to ensure it aligns with your specific needs and provides adequate coverage.