Travel Insurance

RECENT NEWS
Insurance Journal  Mar 2  Comment 
ACE Group has signed a partnership agreement with Transavia to provide the airline’s customers with travel and flight cancellation insurance cover. Transavia, based in The Netherlands, is a member of the Air France KLM Group, and provides...
Insurance Journal  Feb 26  Comment 
Maurice “Hank” Greenberg’s Starr International Co. is pursuing growth in Cuba as the U.S. eases decades-old restrictions on visiting the country. Starr’s travel assistance unit could provide services and insurance to clients who wish to go...
guardian.co.uk  Feb 14  Comment 
When disaster struck for one Guardian Money reader, the small print meant he only got half his claim back. This is his story The family holiday of a lifetime had been a couple of years in the making. The plan was to spend pretty much the entire...
Cloud Computing  Feb 13  Comment 
Read some great stories about why leading organizations across financial, retail, communications, utilities, travel, insurance, and other industries fell in love with service virtualization... Why leading organizations across financial, retail,...
Insurance Journal  Feb 13  Comment 
ACE Group today announced the appointment of David Fedarb to the new role of head of travel insurance for Eurasia and Africa, as it expands its insurance capabilities in a region experiencing rapid growth of international travel. Eurasia and...
Jutia Group  Feb 11  Comment 
[Business Wire] - ACE Group today announced the appointment of David Fedarb to the new role of Head of Travel Insurance for Eurasia and Africa, as it expands its insurance capabilities in a region e Read more on this. ACE Limited (ACE), valued at...
guardian.co.uk  Jan 26  Comment 
Post Office Money seeks to assert itself as one of the UK’s biggest financial services providers by the end of the decade The Post Office has launched a new brand as it bids to become one of the UK’s biggest financial services providers by the...
guardian.co.uk  Dec 15  Comment 
Cover varies hugely so it pays to shop around, read the small print and remember that the cheapest is not always the best Travel insurance is designed to protect you against the cost of any unforeseen events when you are on holiday, or before if...
The Hindu Business Line  Oct 27  Comment 
Last year, a volatile rupee had prompted insurers to ask IRDA to link travel insurance to exchange rate fluctuations
Insurance Journal  Aug 11  Comment 
Arthur J. Gallagher & Co. has acquired Trip Mate Inc., based in Kansas City, Mo. Established in 1989, Trip Mate is a full service travel insurance agency that provides a wide variety of travel protection plans and services for their travel...




 
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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