today, there is a statement issued by the general insurance association of singapore:
GIA MEDIA STATEMENT ON TRAVEL INSURANCE
Singapore, March 15, 2011
Release: Immediate
The General Insurance Association of Singapore (GIA) notes that there
have been instances of consumers purchasing travel insurance to locations
where natural disasters such as earthquakes and tsunamis have occurred.
In view of this, the Association wishes to advise members of the public to
fully understand their travel policy's terms and conditions, including the
scope of the cover and the list of exclusions where applicable. More than 25
insurers offer travel insurance products in Singapore, making it highly
affordable and accessible, with varying benefits being available from one
insurer to another.
As a result of the recent earthquake and tsunami in Japan, consumers
deciding on a travel policy should check carefully if it covers losses, bodily
injury, flight delays as well as trip cancellation, flight ......