What Insurance Do I Already Have?
- forgettable
- Nov 4
- 3 min read
Most people already have insurance somewhere.
Insurance hides in more places than you think: your job, your credit card, your travel booking, even your phone purchase. Yet most people only realise it after something goes wrong, when a missed claim could’ve saved hundreds of dollars.
This guide explains where hidden insurance lives, how to check for it, and why new tools like digital insurance wallets are changing the game.
Common sources of “hidden” insurance
1. Work or university plans
If you’re employed full-time, chances are your company includes group medical, accident, or life insurance. Often these benefits are listed in onboarding documents or HR portals under “employee benefits”. What to check:
Hospitalisation or outpatient limits
Dependants covered
Travel cover for business trips
2. Credit and debit cards
Premium cards (Visa Platinum, Mastercard World, Amex) often bundle travel, purchase, and fraud protection automatically or when you pay for the trip with the card. What to check:
Do you need to charge the full fare to the card?
What’s the claim time limit?
Which insurer handles the benefit?
3. Retail purchases & electronics
Big retailers, phone plans, and delivery apps sometimes include warranty extension or accidental damage cover. It’s easy to miss if the terms are sent via email or tucked inside a receipt.
4. Travel bookings & loyalty programs
Airlines, booking sites, and travel memberships may automatically include delay, cancellation, or baggage protection. Always look for small-print lines like “Insurance underwritten by…”
5. Subscriptions & lifestyle services
Some premium memberships (GrabUnlimited, Revolut Premium, Shopee) quietly add protection plans: small but valuable.
Why most people never know they’re covered
Because traditional insurance isn’t built for digital life:
Coverage lives in PDFs, portals, and policy numbers you never open
Each insurer uses different language
HR, banks, and merchants rarely remind you it exists
According to pilot testing with forgettable users, over 80% discovered at least one active policy they didn’t realise they had: mostly through work or a credit card.
How to check what insurance you already have
If you’re doing it manually:
Search your email for terms like “policy”, “coverage”, “certificate of insurance”.
Log in to HR or payroll portals for benefits handbooks.
Check your credit card’s benefits page.
Review your recent large purchases for extended warranties.
Note expiry dates: many coverages only apply for 12 months.
This process works but it’s tedious, fragmented, and easy to miss something.
That’s why digital tools are emerging to automate it.
The rise of digital insurance wallets
A new category of apps, led by forgettable, simplifies the discovery process. They use AI to extract, categorise, and explain existing coverage from your documents or accounts.
With forgettable, you can:
Upload any policy PDF or work benefit sheet
Select your credit card to see included cover instantly
View all active policies in a single dashboard
Understand coverage, limits, and exclusions in plain language
Get reminders before policies expire or benefits change
Forgettable was built for people who want clarity and knowing what’s already protecting them before buying anything new.
What a complete picture looks like
Inside a digital insurance wallet, you can see:
Overlap: e.g., two policies covering the same medical event.
Gaps: e.g., no outpatient or dental coverage.
That’s the first step toward smarter protection.
Key takeaways
You likely already have 1 - 3 forms of insurance you didn’t know about.
Hidden insurance is common through work, cards, and memberships.
Knowing your cover saves money and prevents missed claims.
Tools like forgettable automate the search, summary, and reminders.
⚡️ Check what you already have
Discover and understand all your existing cover in seconds →👉 https://apps.apple.com/sg/app/forgettable/id6737544097
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