Tag: travel insurance claims

Travel insurance claims can be very strange

Travel insurance claims

Every year, insurers release the details of some of their more bizarre filings. Vacationers always experience strange things while they’re away from home, and those with travel insurance may need to make a claim, which, at times, means that the details of the story could end up on one of the strangest filing lists. Allianz Global Assistance has released its own bizarre claims, which include the following. • A tourist was held at gunpoint in the New York subway system by a gunman who was dressed in a large, smiling,…

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The impact of drinking on travel insurance coverage

Julie Campbell

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

Julie Campbell

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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Why travel insurance claims are being denied

S.Vagus

Travelers are often susceptible to a lack of information. Whether they are traveling for vacation or business, they may not have access to news outlets or other such resources that can be used to keep them informed of current events. In these cases, travelers often find out too late that their travel insurance policies do not cover every situation they might find themselves in. After the earthquake that rattled Japan and caused damage to several nuclear reactors on March 11, many insurers are now weighing whether the threat of radiation…

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