Travel Insurance

RECENT NEWS
Financial Times  Jun 26  Comment 
City watchdog proposes ‘signposting system’ to help people obtain cheaper premiums
The Hindu Business Line  Jun 25  Comment 
“After taking travel insurance, have you paused to find out if the cover includes flight delays,” asks Jasleen Kohli, Chief Distribution Officer, D
BBC News  Jun 25  Comment 
Patients are struggling to find affordable travel insurance, long after any key treatment is finished.
Insurance Journal  Mar 28  Comment 
Travel Guard Group Canada, Inc., the Toronto-based subsidiary of AIG, has launched a travel insurance app allowing Canadian customers (except Quebec residents) to purchase coverage in blocks of time through their iPhone. Customers can now...
The Hindu Business Line  Mar 16  Comment 
Bajaj Allianz’ new missed call service Bajaj Allianz General Insurance has introduced a missed call service for its travel insurance customers, who can receive a
Insurance Journal  Mar 12  Comment 
Zurich Insurance Group accelerated the growth of Cover-More Group, its specialist global travel insurance and assistance solutions business, by entering into agreements to acquire the leading providers of traveler assistance in Latin America. The...
Insurance Journal  Mar 5  Comment 
Insurer American International Group Inc on Friday said that it has struck a deal with online travel services provider Brand Expedia Group to sell travel insurance to the company’s global customers. The move is part of a strategy by AIG …
Channel News Asia  Mar 2  Comment 
Insurer American International Group Inc on Friday said that it has struck a deal with online travel services provider Brand Expedia Group to sell travel insurance to the company's global customers.
TechCrunch  Feb 13  Comment 
 Starling, the U.K. challenger bank that offers a mobile-only current account, continues to execute on its marketplace banking strategy. Following the required regulatory approval, the Starling Marketplace is adding a number of financial services...
Insurance Journal  Jan 17  Comment 
British travel company Thomas Cook has partnered with fintech firm Revolut to launch a “pay-per-day” travel insurance service which automatically provides users with medical cover by tracking their location through their mobile phones....




 
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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