Cocogen Travel Insurance Review: Is it Legit?

When you travel, you must acknowledge that uncertainties lurk around the corner. These uncertainties can be as mildly inconvenient as a baggage delay or as serious as a personal injury.

Regardless, they will cost you money. For that matter, your best bet is to get travel insurance.

Cocogen Insurance’s Travel Excel Plus is one of your options. But is it legit? If so, what are its benefits? How much is its premium?

You’ll learn that and more in this comprehensive Cocogen travel insurance review.

What is Cocogen Travel Insurance?

cocogen travel insurance

Travel Excel Plus is a comprehensive travel insurance policy from Cocogen Insurance. It’s designed to financially protect you from medical emergencies and various inconveniences that may arise during your travel.

Travel Excel Plus comes in two options:

International Travel Excel Plus - Offers protection to those traveling abroad, with coverage from travel assistance to personal accidents
Domestic Travel Excel Plus - Offers protection to those traveling within the country via air or non-air modes, whether inter-island and/or inland

Is Cocogen Travel Insurance Legit?

Yes, Travel Excel Plus is a legitimate insurance product offered by a legitimate company.

Cocogen Insurance is part of the Insurance Commission’s list of authorized insurance companies.^[1]Founded in January 1963 as Allied Guarantee Insurance Company, Inc., Cocogen Insurance serves a wide array of clients in the following industries: multinational companies, wholesale, retail, and merchandising. There are currently 34 Cocogen Insurance branches nationwide.

Aside from travel insurance, Cocogen Insurance offers the following: car insurance, computer insurance, pet insurance, business insurance, home insurance, and condo insurance, among others.

What are the Coverage and Benefits of Cocogen Travel Insurance?

Does Travel Excel Plus fit into your travel plans? Here are the inclusions of both domestic and international policies:

✈️ International Travel Excel Plus Coverage and Benefits

cocogen travel insurance - international

This international travel policy comes with comprehensive benefits in four different packages with different coverage amounts: Economy, Esteem, Executive, and Elite.

Here are the coverage and sample benefits of International Travel Excel Plus. Note that this schedule of benefits is based on a six-day trip to Singapore:

Coverage	Economy	Esteem	Executive	Elite
Medical and Accidental Benefits
Accidental death/disablement	US$10,000	US$25,000	US$50,000	US$100,000
Accidental Burial Benefit	US$250	US$500	US$1,000	US$2,000
Personal liability	US$1,000 (deductible of US$100)	US$10,000 (deductible of US$1,000)	US$20,000 (deductible of US$2,000)	US$25,000 (deductible of US$2,000)
Medical expenses and hospitalization abroad	US$20,000	US$45,000	US$50,000	US$100,000
Travel Assistance
Transport or repatriation in case of illness or accident	Actual expense	Actual expense	Actual expense	Actual expense
Emergency dental care	US$200	US$200	US$200	US$400
Hospital cash income	US$20 per day, maximum of 10 days	US$20 per day, maximum of 10 days	US$20 per day, maximum of 10 days	US$20 per day, maximum of 10 days
Repatriation of mortal remains	Actual expense	Actual expense	Actual expense	Actual expense
Trip cancellation	US$3,000	US$3,000	US$3,000	US$5,000
Trip curtailment	US$3,000	US$3,000	US$3,000	US$5,000
Delayed departure	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$500 (lump sum cash benefit per occurrence / non-receipted up to US$100)
Flight misconnection	US$200	US$200	US$200	US$400
Baggage delay	US$40 (lump sum cash benefit per occurrence / non-receipted up to US$40)	US$90 (lump sum cash benefit per occurrence / non-receipted up to US$90)	US$100 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$250 (lump sum cash benefit per occurrence / non-receipted up to US$100)
Compensation for in-flight loss of checked-in baggage	Up to US$1,200 subject to limit US$150 for any item	Up to US$1,200 subject to limit US$150 for any item	Up to US$1,200 subject to limit US$150 for any item	Up to US$2,400 subject to limit US$300 for any item
Loss of personal money	US$250	US$250	US$250	US$250
Loss of passport, driving license, or national identity card abroad	US$250	US$250	US$250	US$250
Cruise Coverage
Accidental death and disablement	US$10,000	US$25,000	US$50,000	US$100,000
Personal liability	US$1,000 (deductible of US$100)	US$10,000 (deductible of US$1,000)	US$20,000 (deductible of US$2,000)	US$25,000 (deductible of US$2,000)
Emergency medical expenses including cabin confinement	US$20,000	US$45,000	US$50,000	US$100,000
Cruise cancellations	US$3,000	US$3,000	US$3,000	US$5,000
Cruise delays (excluding poor weather conditions, acts of nature, and technical failure)	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$200 (lump sum cash benefit per occurrence / non-receipted up to US$100)	US$500 (lump sum cash benefit per occurrence / non-receipted up to US$100)
COVID-19 Coverage
Medical expenses and hospitalization abroad	US$20,000	US$45,000	US$45,000	US$45,000
Transport of repatriation in case of COVID-19	Up to US$15,000	Up to US$25,000	Up to US$25,000	Up to US$25,000

✈️ Domestic Travel Excel Plus Coverage and Benefits

Domestic Travel Excel Plus offers 24/7 nationwide coverage for your local vacations—whether you’re traveling via air or non-air, or inter-island and/or inland. It comes in four different packages with different coverage amounts: Packet, Pro, Prime, and Platinum.

The schedule of benefits below is for Packet and Pro packages based on a five-day trip to Boracay (Aklan):

Coverage	Packet	Pro
Medical and Accidental Benefits
Accidental death/disablement	₱250,000	₱500,000
Accidental medical reimbursement	₱25,000	₱50,000
Accidental burial benefit	₱25,000	₱50,000
Unprovoked murder and assault	₱250,000	₱500,000
Travel Assistance
Medical expenses (including sabotage and terrorism) and hospitalization	₱250,000	₱500,000
Transport of repatriation in case of illness or accident	Actual expense	Actual expense
Repatriation of mortal remains	Actual expense	Actual expense
Pre-existing condition within the look back period	₱12,500	₱25,000
Trip cancelation	₱25,000	₱25,000
Trip curtailment	₱25,000	₱25,000
Delayed departure	Up to ₱10,000	Up to ₱10,000
Baggage delay	Up to ₱5,000	Up to ₱5,000
Compensation for in-flight loss and damage (checked-in baggage)	Up to ₱10,000 (subject to ₱1,000 per item)	Up to ₱10,000 (subject to ₱1,000 per item)
Long-distance medical information services	Actual expense	Actual expense
Medical referral/appointment of local medical specialists	Actual expense	Actual expense
COVID-19 Coverage
Trip cancellation due to COVID-19	₱25,000	₱25,000
Daily hospital benefits due to COVID-19	₱250 per day	₱500 per day

Note that these lists are by no means exhaustive. Check Cocogen's website for more information.

How Much is Cocogen Travel Insurance?

The cost of a Cocogen travel insurance policy will depend on your destination and the number of days you’re traveling.

💸 International Travel Excel Plus Rates

The following rates are based on a six-day trip to Singapore:

Insurance Package (with Cruise and COVID-19 coverage)	Premium
Economy	US$28.95
Esteem	US$34.03
Executive	US$34.62
Elite	US$39.54

💸 Domestic Travel Excel Plus Rates

The following rates are based on a five-day trip to Boracay (Aklan):

Insurance Package (with COVID-19 Coverage)	Premium
Packet	₱628.12
Pro	₱744.32

Important note: To get the exact rates and benefits for your travel, visit the official website of Cocogen Insurance and use the quote tool.^[2]

Cocogen Travel Insurance Review: Pros and Cons

Is Travel Excel Plus worth getting? It is, for the following reasons:

👍 Extensive Coverage

As you can see on the schedules of benefits above, both domestic and international Cocogen travel insurance plans offer extensive coverage. Case in point: the option to expand your international benefits by getting cruise coverage. In addition, medical expenses under the domestic plan include even sabotage and terrorism.

👍 Pre-Existing Condition Cover

Unlike many insurers, Cocogen Insurance includes pre-existing conditions in the domestic plan. However, such conditions should be within the look back period.

👍 Customizable Based on Your Budget

The final rates of Cocogen travel insurance plans depend on how much you’re willing to pay and how many inclusions you’re okay with. You can lower the rates if you remove inclusions like COVID-19 and cruise coverage.

👍 Easy to Purchase

Purchase your travel insurance without leaving home by visiting Cocogen Insurance’s official website. Get a free quote and pay for your policy using the company’s online payment facility.

👍 Quick Issuance

You can receive the policy after 24 hours. Once the policy is processed, view it through the policy webpage. You’ll receive a notification via email containing the ePolicy sign-up link and a temporary password.

For transparency, this Cocogen travel insurance review also covers the drawbacks of this product, such as:

👎 Age Limit

The maximum age for Travel Excel Plus is 65 years old. This is lower compared to the insurable age of other companies, which reaches up to 75 years old.

👎 Limited Number of Covered Members

You can only insure up to four people under Travel Excel Plus. It can be a combination of one parent and one child or two parents and one child.

👎 Strict COVID-19 Coverage Conditions

The COVID-19 coverage for international Travel Excel Plus is very particular.

For one, there’s an age limit. You must also present a negative test result of a valid RT-PCR test, administered within 72 hours before your departure from the country. Moreover, the test should be conducted by a laboratory, hospital, or clinic authorized by the Department of Health (DOH).

👎 Can Be Pricey

This is especially true for the top-tier plans. But as mentioned, you can lower your premium by removing certain inclusions like COVID-19 and cruise coverage.

How to Get a Cocogen Travel Insurance Policy

You can avail of Travel Excel Plus via Moneymax. Here are the steps:

cocogen travel insurance - how to get

Go to Moneymax’s travel insurance page.
Under Cocogen Insurance, click Get Quote.
You’ll be redirected to Cocogen Insurance’s website. Fill out the form, then click Next.
On the next page, provide your travel details and choose your preferred package and additional coverage. Then click Next.
Read the quote summary. If you’re okay with it, click Next.
On the next page, provide your address and other pertinent details. Click Next.
Provide your personal contact information, emergency contact, and beneficiaries. Click Next.
Read the final quote. If you’re okay with it, click Proceed to Payment.

Avail of a travel insurance policy via Moneymax

How to File a Claim

While nobody wants to have to file a claim, it pays to know the process. Here are the steps:

Go to Cocogen Insurance’s official website.
Click File a Claim. You’ll then see checklists of documents needed for filing a claim. Choose the checklist for your case.
After compiling all the requirements, go to the Cocogen head office at 22F One Corporate Center, Doña Julia Vargas Ave., cor. Meralco Ave. Ortigas Center, Pasig City. Alternatively, you can send the requirements via email at client_services@cocogen.com. If you have an agent, you may also submit the requirements to them.

Cocogen Insurance reminds clients that there’s no set timeframe for each claims process. Contact your branch, agent, or broker to track your claim’s progress.

You can also follow up on your application by calling Cocogen Insurance at (02) 8830-6000 or messaging the company on Facebook.^[3]

Final Thoughts

Traveling is exciting. You get to meet new faces, taste new dishes, and make fond memories you can look back on. However, it’s just prudent to acknowledge that it’s not always rainbows and butterflies.

Protect yourself financially and get extensive coverage with Cocogen travel insurance. Don’t worry—it’s easy to purchase via Moneymax.

In the meantime, compare Cocogen versus other insurance providers:

Provider	Starting Premium	Medical/Accidental Death or Disablement Coverage	Trip Cancellation Coverage	Baggage Loss/Damage
OONA Travel Insurance	₱299	Up to ₱5 million	Up to ₱128,000	Up to ₱42,600 subject to ₱4,000 per item
PGAI Travel Shield Insurance	₱361	Up to ₱2.5 million	Up to ₱200,000	Up to ₱50,000 subject to ₱10,000 per item
PGA SOMPO TravelJOY Plus	₱463	Up to ₱2.5 million	Up to ₱70,000	Up to ₱5,000 per item
Cocogen Travel Excel Plus	₱263	Up to ₱4.2 million	Up to ₱214,000	Up to ₱102,000 subject to ₱12,700 per item

Sources:

Cocogen Travel Insurance Review: Should You Get This for Your Trip?

Jay Pagkatotohan

What is Cocogen Travel Insurance?

Is Cocogen Travel Insurance Legit?

What are the Coverage and Benefits of Cocogen Travel Insurance?

✈️ International Travel Excel Plus Coverage and Benefits

✈️ Domestic Travel Excel Plus Coverage and Benefits