The 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…

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Adult 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…

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The 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…

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The 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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Using the internet to find your ideal travel insurance policy

When you have planned a business trip, a fun family holiday, or a dream vacation, the last thing you want to think about is financial worries if something should go wrong. For that reason, it is important to find the best travel insurance policy before you go, and at the right price. When it comes to finding that policy, the internet can become your best friend. With a little bit of homework to identify your travel insurance needs while traveling inside the country or internationally, you’ll be able to spot…

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