Travel Insurance

RECENT NEWS
The Hindu Business Line  Aug 16  Comment 
Not having travel insurance can burn a big hole in your pocket and upset your plans
NPR  Jul 2  Comment 
The Affordable Care Act requires insurers to cover a screening colonoscopy without any out-of-pocket costs for the test itself. But there can be surprising costs for consumers anyway.
Insurance Journal  Jul 2  Comment 
Specialist insurer Beazley has launched its first international business travel insurance product in the Australian market. Beazley Corporate Travel Insurance will be offered to Australian brokers and coverholders. Beazley Corporate Travel...
Insurance Journal  May 12  Comment 
Warren Buffett’s Berkshire Hathaway Inc. said John Noel is stepping down as head of its travel-insurance unit because of illness and will be succeeded by Dean Sivley. Noel, 67, was recently diagnosed with early-stage Lewy Body Disease, a form of...
Insurance Journal  Mar 18  Comment 
ACE Group has launched ACE Travel Smart, a new mobile app, as part of its business travel insurance proposition for Europe-based businesses with international exposures. According to ACE research, 86 percent of European businesses say their...
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...




 
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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