Travel Insurance

RECENT NEWS
NPR  Jun 14  Comment 
Consumers worried that health issues might thwart a planned vacation may want to look into travel insurance that allows them to cancel the trip for any reason.
Insurance Journal  May 16  Comment 
International travel insurance and specialty benefit management company Seven Corners, Inc., has unveiled two new insurance products – Captum Kidnap and Ransom and Ally Crisis Management – for international travelers. Captum Kidnap and...
The Economic Times  Feb 25  Comment 
If you soon hear FM radio on trains from public address systems or are able to buy travel insurance before boarding a train, thank a fellow citizen for it.
The Hindu Business Line  Feb 25  Comment 
The move in the Rail Budget to provide optional travel insurance to passengers will involve a lot of effort to educate people on the benefits of the cover, say insurance industry experts.Domestic trav...
The Economic Times  Feb 25  Comment 
In order to minimise financial loss to passengers from untoward incidents, Railways will launch a travel insurance scheme.
Insurance Journal  Feb 24  Comment 
The New Jersey Department of Banking and Insurance issued a bulletin stating that the opt-out sales process used for selling travel insurance by some web-based travel services companies would be considered unfair methods of competition. The...
Insurance Journal  Feb 16  Comment 
Starr Companies has expanded the availability of its travel insurance and assistance services for travel to Cuba. These plans provide trip cancellation and trip interruption insurance as well as accident and sickness benefits. In addition, the...
Insurance Journal  Feb 2  Comment 
Travel insurance sales for trips to Latin America have surged as vacationers consider scrapping their plans to avoid the rapidly spreading Zika virus, one of the top U.S. providers, RoamRight, told Reuters on Monday. The Maryland-based company,...
guardian.co.uk  Dec 28  Comment 
Research shows 27% of UK adults planning short city visits compared with 13% for beach holidays City breaks will be the most popular getaway for UK holidaymakers in 2016, according to a survey. Short stays in cities around the world are planned...
guardian.co.uk  Dec 18  Comment 
Year-12 student Ella Ingram applied to QBE to claim back cost of cancelled school trip, but company said its travel policy did not cover mental illness A young woman who had her travel insurance claim denied due to her mental illness has won a...




 
TOP CONTRIBUTORS

Travel Insurance gives travelers coverage for unforeseen problems that may cause the delay or cancellation or a trip. Travel insurance typically costs between five and seven % of total trip costs.[1]

Travel Insurance Coverage

The most common risks that are covered by travel insurance are:

  • Medical expenses
  • Emergency evacuation/repatriation
  • Overseas funeral expenses
  • Accidental death, injury or disablement benefit
  • Cancellation
  • Curtailment
  • Delayed departure
  • Loss, theft or damage to personal possessions and money (including travel documents)
  • Delayed baggage (and emergency replacement of essential items)
  • Legal assistance
  • Personal liability and rental car damage excess

Americans traveling on leisure trips spent more than $1.3 billion on travel insurance in 2006, representing a growth of 20% over 2004, according to the 2007 Travel Insurance Market Survey conducted by the US Travel Insurance Association. [2]

Companies that Provide Travel Insurance

  • All Aboard Benefits
  • Travel Guard
  • Global Underwriters
  • HTH Worldwide
  • MultiNational Underwriters
  • Travelex Insurance

All Aboard Benefits

References

  1. TravelGuard FAQs
  2. US Travel Insurance Association, 2007
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