Travel Insurance

RECENT NEWS
PR Newswire  Dec 2  Comment 
BASILDON, England, Dec. 2 /PRNewswire/ -- Travellers who book their holidays independently are now automatically covered for the financial failure of the firms they book through when they buy travel insurance from Go. With the collapse of several
PR Newswire  Nov 10  Comment 
BASILDON, England, Nov. 10 /PRNewswire/ -- With the festive holiday season approaching, AA travel insurance are warning travellers not to forget about travel insurance when travelling within the UK. A recent survey published in the Daily Mail
PR Newswire  Nov 9  Comment 
BASILDON, England, Nov. 9 /PRNewswire/ -- As the Christmas holiday season approaches, AA Travel Insurance are reminding holidaymakers of the importance of taking out travel insurance to protect their belongings in case they are lost in transit. With
Canada.com  Oct 15  Comment 
Manulife Financial announced Friday it has purchased Pottruff & Smith Travel Insurance Brokers Inc., one of the largest third-party administrators in Canada.
New York Times  Oct 10  Comment 
A travel insurance company refused to refund $7,000 to a terminally ill man who canceled a trip without seeing a doctor.
Marketwire  Oct 5  Comment 
BASILDON, UNITED KINGDOM -- (Marketwire) -- 10/05/09 -- The 7.6-magnitude quake occurred off West Sumatra Province, 30 miles offshore from the city of Padang on 30 September 2009. The earthquake struck at 1716 local time (1016 GMT), some 85km (55
The Economist  Sep 3  Comment 
The sad lessons from one tourist's mishap IF YOU were ever tempted to go abroad without travel insurance, the sad story of George Dobson should persuade you otherwise. In mid-August, while hiking near Mussoorie...
Insurance Journal  Jul 24  Comment 
The Association of British Insurers (ABI) has issued a bulletin to coincide with the start up of the UK's National Pandemic Flu Service. The bulletin notes that the UK's "travel insurance ...
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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

  • CSA Travel Protection
  • Travel Guard
  • Assurant (AIZ)
  • Global Underwriters
  • HTH Worldwide
  • International Medical Group
  • iTravel Insured
  • M.H.Ross Travel Insurance
  • MultiNational Underwriters
  • Seven Corners
  • Specialty Risk International
  • Travelex Insurance

References

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