Travel Insurance

RECENT NEWS
WA Business News  Dec 2  Comment 
Jetstar will stop automatically adding extras such as travel insurance to its customers' online bookings, as Australia's consumer watchdog looks to prevent travellers from paying unnecessary costs.
The Australian  Dec 1  Comment 
Virgin will stop preselecting travel insurance for passengers during online booking after ACCC pressure.
The Hindu Business Line  Nov 13  Comment 
I take travel insurance while going abroad to cover any medical expenses which may have to be incurred. Is the premium paid for such insurance deductible under Section 80D? The above policy also cover...
TechCrunch  Oct 25  Comment 
 What’s missing from N26? The company has been slowly but surely building a new bank account from the ground up. This time, the company is trying to recreate the insurance product that you typically get with a Visa Premier or MasterCard Gold....
New York Times  Oct 22  Comment 
When the travel insurance company Allianz denies a claim for a trip that was canceled for medical reasons, a traveler seeks help getting a reimbursement.
The Hindu Business Line  Oct 6  Comment 
In a “Diwali bonanza” ahead of the festival, rail passengers can now avail travel insurance scheme at just one paisa from tomorrow.The optional travel insurance scheme for train passengers will be ava...
The Economic Times  Sep 15  Comment 
Railways had launched the insurance facility as an optional scheme allowing a person to get an insurance cover of up to Rs 10 lakh on booking.
The Hindu Business Line  Aug 30  Comment 
1) Beginning today, travel insurance cover of up to Rs 10 lakh can be availed while a booking train tickets online by paying less than one rupee. A person booking a train ticket through the IRCTC web...
MarketWatch  Jul 21  Comment 
Imagine you’re a month away from the cruise you’ve been planning for nearly a year. With some health issues in the family, you decide to look into getting travel insurance.
New York Times  Jul 19  Comment 
Consumer interest in terrorism and trip cancellation coverage has grown in the wake of attacks in Europe, though rates and policies remain unchanged.




 
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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