Business Travelers Refuse Trips to Risky Locations, Chubb Survey Finds

Nearly half of people surveyed would refuse to go on a business trip to a location they consider dangerous unless their employer provided them with emergency medical and other services, according to a survey by the Chubb Group of Insurance Companies. Twenty-three percent of business travelers indicated that they would refuse to go on the business trip; 21% said they go but would refuse to go on the next trip; and 14% would go but look for a new job after returning. Many employees, however, said they would take the…

Read More

Travel Insured International releases new product for corporate travelers

Top privately owned provider of travel insurance, Travel Insured International, has launched a new option geared toward providing coverage to corporate travelers. The new product is called the Corporate Travel Protector and it is designed to provide coverage for medical evacuation, emergency medical, and travel delay expenses, and is being sold at a reduced rate when compared to traditional trip cancellation plans. This particular product was created to make sure that even if the corporate travel manager decides not to buy coverage for the full company, it is still possible…

Read More

Will travel insurance provide coverage for catastrophes such as that faced by Costa Concordia passengers?

When booking a vacation, many people wonder whether or not it is truly worth the added expense to purchase a travel insurance package, and whether or not it will cover them in case of a disaster such as what occurred on the Costa Concordia. Cruise passengers did indeed benefit from their protection when they were evacuated from the ship. While they waited for Costa Cruise Lines to provide their assistance, those who had purchased travel insurance were already served by the insurers who relayed messages back to the loved ones…

Read More

John Hancock Financial announces new travel insurance offerings

John Hancock Financial has announced that it will now be offering products from the travel insurance sector, which will be available to consumers through its new website which has been created specifically for that purpose, as well as through comparison websites for that type of coverage. The new travel insurance coverage will provide protection for trip interruption or cancellation, accident, medical, and baggage, as well as multi-lingual, 24-hour emergency services. The insurer, which is based in Boston, has said that while the products themselves will be distributed by the John…

Read More

A blip in a trip doesn’t have to be a disaster with the right travel insurance coverage

Whether you’re traveling to visit relatives or are headed out on that dream vacation, without travel insurance, even the smallest incident can result in serious inconvenience, struggle, and financial catastrophe. While you’re away from home, just about anything can happen, from a stolen wallet to food poisoning. If you have coverage from travel insurance, you will have the coverage you need to have your personal belongings replaced, or to pay for medical expenses. It can also help to pay for replacement tickets for missed or cancelled flights, and other unanticipated…

Read More

Bikini Travel Insurance announces new product just for women

Bikini Travel Insurance has announced that it has released a form of specialized travel insurance that was created by women, for female consumers. This new Bikini Travel Insurance policy is now available for purchase online. This product is particularly unique because insurance products are typically considered to be the creation of men. This product breaks away from that tradition and focuses specifically on consumers who are women, with their travel behaviors and needs in mind. The policies do still cover the conventional travel insurance elements such as repatriation cover and…

Read More

Over One million dollar travel insurance claim paid in New Zealand

Southern Cross Travel Insurance has announced that they have paid a travel insurance claim that topped the one million dollars in New Zealand, underlining the importance of coverage as the cost for becoming injured or ill while away from home – even when in countries that have reciprocal healthcare – are on the rise. Previous to this most recent claim, in the last year, the insurer reported an individual claim that was greater than three hundred thousand dollars in Australia. Both this claim and the most recent record breaker for…

Read More

Direct Travel Insurance highlights the importance of disaster coverage to travelers

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…

Read More

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 More

Is 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 More