Travel insurance, Covid-19 processing fees mandatory in Nigeria, 40 other countries

By Favour Nnabugwu

 

Travel insurance including Covid-19 processing fees has become mandatory in Nigeria and 40 other countries.

Travel insurance is a policy that covers the financial risks associated with traveling. It provides indemnity against minor risks such as loss of luggage, a delayed flight, and even major risks like medical emergencies and trip cancellation.

The countries are: Nigeria, Algeria, Benin, Cape Verde, Djibouti, Kenya, Mozambique, Namibia, Seychelles, Togo, Mauritius, Ukraine, Russia, Aruba, Argentina, Bahamas, Bolivia, Chile, Costa Rica, Cuba and Ecuador,

The other include Saudi Arabia, Cambodia, China, Indonesia, Jordan, Lebanon, Malaysia, Maldives, Mongolia, Nepal, Oman, Pakistan, Philippines, Singapore, Thailand, Guatemala, El Salvador, Paraguay, St. Maarten, Turks and Caicos Islands

Insurance companies around the world are packaging operation to accommodate the travel insurance including Nigeria.

Since the onslaught of the novel COVID-19 virus that started in the Wuhan region of China, the world has had to adjust to the new global realities.

Economies have shrunk, markets have depleted, and global travel has decreased significantly. In the same vein, governments and cities around the world have adapted themselves to survive with the new realities of today.

One of the ways that governments have tried to adapt to the new normal and to protect their countries and cities is by requiring a COVID-19 test for foreign nationals who want to visit their jurisdiction.

Some people make the mistake of assuming that COVID-19 tests are only necessary for people that are already showing symptoms, but there are a plethora of other reasons you may need COVID-19 tests. Here are some of the top reasons people take a COVID-19 test.

Another reason you might need a COVID-19 test is if you are travelling to another country. Most countries around the world require a COVID-19 test for all foreign nationals that are entering their country.

As a result, most airports will require you to present a COVID-19 test result when you land or even before you embark on the plane. Different countries have different COVID-19 regulations, so make sure that you check the regulations of the country that you are visiting.