I am planning to stay in Japan for three weeks to purchase products sold in Japan from overseas. However, I don't know which one I fall into because it is a purchasing business (commercial) while sightseeing. There are an increasing number of people who are worried about these situations.
For example, I go around the exhibition halls, negotiate prices, and do a little sightseeing in my free time. It is both like a trip and a job. This sense of "which is it?" This sense of "which is it? In conclusion, if your main purpose is to purchase goods, it is safe to think of it as "business. Let's go through the details of why we can say that, one by one.
The following is a summary.
table of contents
What kind of overseas travel insurance does Tokio Marine & Nichido offer?
Tokio Marine & Nichido Fire Insurance's overseas travel insurance covers "medical expenses for illness and injury overseas," "hospitalization, emergency transportation, theft of personal belongings, and liability to others.
For example, if you fall and break a bone at an exhibition hall, medical expenses may be more expensive than you imagine if you go to a local hospital for examination and treatment. It is not unusual for the cost to be in the hundreds of thousands of yen, depending on the country. It is scary, isn't it? That is why overseas travel insurance should be considered a "precondition" rather than a "just in case" policy.
Sort out the differences between tourism, long stay, and commercial
The important thing to remember when purchasing travel insurance is that "duration" and "purpose" are two different things.
Tourism and commercial business are different in terms of the purpose of what you are going to do, aren't they? Sightseeing is for leisure or vacation. Business travel is for business purposes, such as business trips, business meetings, participation in exhibitions, and purchasing products.
Long stay, on the other hand, is a term that mainly refers to cases where the duration of stay is long. It is a case where you stay for a few weeks to a few months. It is easy to misunderstand that "3 weeks is considered a long stay, isn't it?" It is true that the term "long stay" may sound like that. It is true that the term "long stay" is used to refer to a longer period of stay, but it is not the same as "long stay.
But in many cases, travel insurance policies for less than one month can be purchased with general travel insurance, which is different from special policies for long-term expatriates.
If the main focus is on purchasing products, consider it commercial.
You select products locally, negotiate prices, and buy them to sell in Japan. This is a fine business activity, isn't it? However, you may be thinking, "I can treat this as sightseeing since my free time will be spent sightseeing." There may be situations where you may think, "I'm not sure. If the purpose is purchasing, it is more natural to consider it as commercial for insurance purposes. This is because, in the unlikely event of an injury or trouble, it may be determined that "that is a business activity, isn't it?
If there is a discrepancy between the contract and the activities at that time, it will be difficult to explain. Imagining a situation in which a problem arises can be a bit worrisome, can't it? If you apply for the insurance as a commercial policy from the beginning, you can reduce that worry. Insurance is more important when you use it than when you pay for it. This is a point you want to keep in mind.
If you're going on a buying trip, I'd check here too.
The important thing is coverage for the cost of treatment. There is a possibility of back injury from lifting heavy loads or becoming ill in an unfamiliar environment.
With three weeks, anything can happen, right? Next is the personal effects coverage. Suitcases, computers, cameras and smartphones are covered.
However, we want to be careful to make sure that the products are "purchased for the purpose of sale.
The personal effects coverage of overseas travel insurance is basically based on the premise of "personal belongings for personal use". Therefore, goods and inventory for sale may not be covered. This is an area that is easily misunderstood, so keep this in mind. It is important to check in advance rather than assuming that "if it is stolen, everything will be covered. It is also important to check the contents of liability coverage in case you accidentally damage someone else's merchandise at an exhibition. There are risks unique to this kind of business activity.
What should I do if I am not sure which travel insurance to purchase?
The most important thing to avoid is to judge yourself as "probably okay with sightseeing.
If there is anything unclear, tell them directly that the purpose is "for purchasing," and ask, "Would this be treated as commercial?" If there is anything that is unclear, just tell them "For purchasing purposes," and ask "Is this treated as commercial? This alone should reduce your anxiety considerably.
Even if the premiums change slightly, the peace of mind of knowing that you will be properly insured in case of an emergency is greater. Tokio Marine & Nichido's overseas travel insurance policy allows those who are "within 31 days" to purchaseMARINE PASSPORTand "Long Term Travel Insurance" which is available for 32 days or more. Both are available for commercial purposes. However, "MARINE PASSPORTCorporate applications are not accepted for the "Corporate" category.
Therefore, if you wish to purchase the insurance in the name of a corporation, please apply for "Overseas Travel Insurance for Long Term", which is applicable to those who will be covered for 32 days or more.
Both procedures can be completed through this website.
▼For short-term stays, click here.
⇒ Click here to apply for travel insurance (for periods from 1-31 days)
▼Long-term stays
⇒ Click here to apply for travel insurance (for periods longer than 32 days)
summary
When purchasing travel insurance for a 3-week stay abroad, "the purpose is more important than the duration". And if the purpose is "procurement," it is safer to apply as a commercial traveler.
If your stay is only 3 weeks or so, it is not a period that requires a long-term contract. 31 days or less, insurance for short-term stay (insurance for people staying for less than 31 days ⇒) MARINE PASSPORTThe insurance is available in the following table. In addition, it is important to note whether the products actually purchased for sale are "covered by the insurance policy," so please check this point.
Short-term stay insurance ".MARINE PASSPORTThe "Mere Old Man" recommends that you choose the "Mere Old Man" based on the coverage and amount of insurance coverage, as the system is structured so that the level of insurance coverage varies by plan.
If you are in doubt about whether it is commercial or not, say, "It sounds like a trip, so can we just go sightseeing?" but rather, tell them honestly that your purpose is to purchase goods. This will be the surest way to avoid trouble.
This is not only to ensure smooth procedures in the event of a problem, but also so that you can concentrate on your procurement work. Please refer to this article when purchasing overseas travel insurance for commercial purposes.
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