Does travel insurance cover activities such as such as water sports, winter-sports or others such as bungee-jumping, indoor climbing, or going on a hot air balloon?

Going on an adventure-filled and action-packed holiday? Bought your travel insurance and you are all good to go?

Not quite.

Travel insurance policies typically come with exclusions stating that they do not cover "dangerous activities" such as bungee jumping and water sports. So what can you do if you plan to engage in exciting activities such as such as water sports, winter-sports or others such as bungee-jumping, indoor climbing, or going on a hot air balloon?

Here's what Allianz suggests:

"Individuals who are planning for an adventurous or action-packed holidays such as water sports, winter-sports or others such as bungee-jumping, indoor climbing, or going on a hot air balloon can be covered as well with an additional premium paid which also provides some coverage to sporting equipments."

More travel insurance tips and points to note from Allianz:

Allianz General creates awareness on Travel Insurance

As an insurer, Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) understands the importance of travel insurance and wants to create the same awareness to customers and the general public alike, especially during the upcoming holiday season.

“Travelling is certainly exciting, especially when people travel for leisure. However, sometimes, things may not go as planned. Imagine going on a holiday and not getting your luggage in time or meeting with an accident while on vacation or even being in a situation where your connecting flights are delayed; compounding to more problems. These circumstances create inconveniences; however, you can take necessary precautions before your trip.. Thus, one of the most vital measures that travellers should consider is protecting themselves and their loved ones with travel insurance when they are going away,” said Ooi Chuan Keat, Allianz General’s Head of Personal Business.

By purchasing travel insurance, travellers are covered for contingencies or unforeseen circumstances while they are away. These include medical costs in case of any medical emergency or hospitalisation, theft, flight cancelations or delays or even loss of baggage and belongings among others. Some travel insurance policies also provide protection for the homes of travellers while they are away. 

When purchasing a travel insurance policy, there are many points to note.  It is important to check on whether the coverage includes any pre-existing medical conditions, as well as on how many consecutive days abroad one would be covered for. Limits may vary depending on the provider and it is crucial to provide the accurate date from the day of travel to arrival. There are also many plans available for families travelling together, senior citizens, individuals and children with packages varying for Worldwide, Asia or Domestic destinations.

Individuals who are planning for an adventurous or action-packed holidays such as water sports, winter-sports or others such as bungee-jumping, indoor climbing, or going on a hot air balloon can be covered as well with an additional premium paid which also provides some coverage to sporting equipments.

Another important fact to note is that all travellers who purchase a travel insurance policy must understand the scale of benefits in the policy. A nomination in the policy could ease claims processes during unforeseen circumstances.

After a travel insurance policy is purchased, travellers are advised to be vigilant and be aware of what they should do in the event of any unexpected incidences. They should remember to keep important documents, receipts and reports that will assist them in their travel insurance claims upon returning.  They can always check for more details from their insurer of choice.  

About Allianz in Malaysia

The investment holding company, Allianz Malaysia Berhad, a subsidiary of Allianz SE, has two insurance subsidiaries - Allianz General Insurance Company (Malaysia) Berhad (“Allianz General”) and Allianz Life Insurance Malaysia Berhad (“Allianz Life”).

Allianz General is one of the leading general insurers in Malaysia and has a broad spectrum of services in personal lines; small to medium enterprise business and large industrial risks.  Allianz General also leverages on the bancassurance agreement with CIMB Bank to reach out to the bank's over-a-million-customer base.  The GWP for general insurance business for financial year 2013 reached a mark of RM1.98 billion.

Allianz Life offers a comprehensive range of life and health insurance and investment-linked products and for the financial year 2013, Allianz Life recorded a gross written premium (“GWP”) of RM1.60 billion and is one of the fastest growing life insurers in Malaysia.

Allianz Malaysia has 35 branches nationwide.

About Allianz

In Asia Pacific, Allianz is present in 14 markets offering its core businesses of property and casualty insurance, life and health insurance and asset management. Globally, Allianz is one of the world's leading insurers and financial services providers and one of the first Societas Europeae. Founded in 1890, Allianz is now present in more than 70 countries with over 148,000 employees. Allianz provides its 83 million customers worldwide (27 million in growth markets) a comprehensive range of services in the areas of property and casualty insurance, life and health insurance, and asset management.

Allianz is the leading primary insurer in the Dow Jones Sustainability Index. We support the principles of the Global Compact of the United Nations as well as the Organisation for Economic Co-operation and Development (OECD) Guidelines for Multinational Enterprises. 

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