Category: Travel Insurance

Travel insurance is one of the most sought out after types of insurance online. Learn more about the different products available along with coverage information.

Travel insurance purchased by only half of Canadians

Julie Campbell
Travel Insurance

A new study has shown that only about fifty percent of travelers from the country buy a policy. A new study conducted by BMO has just revealed that while 83 percent of Canadians plan to go away on vacation at some point between May and October 2013, only half have intentions to purchase travel insurance to cover them while they are not at home. The survey examined a number of different habits of Canadians while they are away from home. For example, the average Canadian traveler intends to spend $3,073…

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Insurance coverage needed before NHL hockey players can head to the Olympics

insurance policy news olympic hockey NHL

The policies and the travel costs are all that is left standing in the way of the participation in Sochi. The NHL Players’ Association and the National Hockey League sat down on Friday to talk to the International Olympic Committee (IOC) members and the International Ice Hockey Federation (IIHF). The goal was to sort out the issues that were still outstanding regarding the costs of the insurance coverage for the multimillion dollar protection that the players would require in order to take part in the Winter Olympics in 2014. The…

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The Importance of Terrorism Coverage in Your Travel Insurance Policies

Guest Author
Travel Insurance

 A look into travel insurance… A note on terrorism, before we go deeper into the subject. Global terrorism is clearly a real threat, as the events (and indeed some of the wars) of the last 14 years have illustrated. It is also true that specific countries or parts of the world have, at different times, had or still have a problem with terrorists endemic to their own shores. Sri Lanka, for instance, experienced sporadic bombings and terrorist attacks during the long years of the war between the Tamils and the…

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Travel insurance overlooked by millions from the UK

H. Cutner
Travel Insurance

A recent study has shown that British travelers are often unprepared for unexpected holiday emergencies. Though the British people love to get away from it all to relax on their holidays, they are often lacking travel insurance when they do so, putting themselves at risk of tremendous unexpected expenses should emergencies or disaster strike. Recent statistics show that more than half the population of the U.K. intends to head away from home this year. A survey published by Think Banking Weekly indicated that 53 percent of the country’s population intended…

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Travel insurance claims for airplane crashes decrease

airline insurance war risk policy

This is the result of a considerable decline in the number of accidents that have occurred. For the first time since 1991, travel insurance airline claims for aircraft accidents will have fallen below the $1 billion mark this year, as the number of fatalities from airplane accidents and the number of destroyed planes have dropped to record lows. The number of large accidents involving aircraft has plummeted throughout 2012. Ascend, an advisory firm, made the estimations regarding the number of destroyed aircraft and passenger fatalities and has recently released this…

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