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…

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Traveling Getting More Popular, A Reason For Travel Insurance

High gas prices burn a hole in everyone’s wallet, but as the economy gets better and there becomes a higher demand for traveling, Americans begin to spend more on summer travels. According to a survey that was recently released by a global travel assistant company called Mondial Assistance USA, in the summer of 2011 Americans spent about $16 billion more then they did back in 2010, which is quite a large jump. Almost half of all Americans have said that they are fairly confident that they will be taking a…

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