As a year of record-breaking natural disasters comes to a close, Direct Travel Insurance has released a statement highlighting the benefits of natural disaster coverage for travelers who will be going out of town during the holiday season. Individuals travelling for business or personal reasons over the holiday season can protect themselves against the various kinds of disruption that can be caused to travels by hurricanes, floods, earthquakes, tornadoes, wildfires, volcanic eruptions, landslides, and any number of other unforeseen events that could otherwise turn a pleasant journey into a financial…
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Avoid delays in winter travel with the right insurance
The holiday season is upon us once more and with it comes the inevitable winter experience which brings drivers a number of delays that are not a concern throughout the rest of the year. Travel Insurance Center has released a statement that explains that winter weather can commonly cause delays for travelers that can last from minutes to hours or days, and that since airlines do not provide reimbursements in these circumstances, it can become very expensive for travelers to have to pay for additional transportation, hotel accommodations, and meals.…
Read MoreIs Cancel for Any Reason Insurance Appropriate at All Times?
Cancel for Any Reason insurance has been growing very quickly in its popularity among travelers, but some are starting to wonder whether or not it is appropriate for all occasions. Though it is important to carry adequate insurance to protect yourself against certain unforeseen circumstances, there is such thing as having too much – paying for what you don’t actually need. The travel insurance comparison site, Squaremouth.com, has recently released data that showed that there can be times when travelers simply don’t need it. Squaremouth marketing manager, Sara Byrne, said…
Read MoreThe impact of drinking on travel insurance coverage
Travelers who are away from home on business trips or on vacation face a certain temptation to drink that may be much riskier than they think. According to the Squaremouth.com marketing manager, Sara Byrne, if a traveler drinks too much and it results in illness, injury, or an accident, most “will not be able to make a claim under their travel insurance as their policy will not cover them.” Squaremouth.com is a travel insurance comparison and purchase website. Byrne went on to say that the result is that many travelers…
Read MoreAdult sabbatical years lead to four times more travel insurance medical claims
Over the last few years, claims made for medical expenses through travel insurance policies have increased by four times due to a larger number of older adults taking sabbatical years from work and taking exotic vacations. The Association of British Insurers (ABI) has released their data that has shown that the cost of overseas illness rose from approximately $122 million in 2004 to approximately $454 million in 2010. The number of claims rose from 120,000 in 2004, to 337,000 in 2010. According to the ABI, even though the cost of…
Read MoreThe role of travel insurance in the hurricane season
As Hurricane Irene makes its way nearer to the American mainland over the Caribbean islands, travel agents are taking this time to inform their customers about the importance of travel insurance for hurricanes, while answering questions and selling the policies. In order to make sure that their customers are covered for a weather event, travel agents need to make sure that the insurance was purchased a minimum of one day before the U.S. National Weather service has spotted and given a name to the tropical storm or hurricane. This will…
Read MoreThe return of the vacation and travel insurance
According to survey results by Mondial Assistance USA, a travel insurance company, the majority of Americans intend to take a vacation in 2011, a situation that has not been seen since the start of the global economic crisis. The insurer, based in Richmond, Virginia, found that 51 percent of Americans claim to be either “somewhat confident” or “confident” that they will be taking a vacation of a minimum of one week in length, and that will be at least 100 miles away from their primary residence. This is an increase…
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