A new online insurance brand called Protect Your Bubble has had its initial American launch today, with the backing of a Fortune 500 company and the intention to provide modern consumers with the additional choices they need to protect the things that are important in their lives at a given moment, such as pets, travel, and gadgets. According to the Europe and North America Protect Your Bubble president, Stephen Ebbett, when consumers think about insurance, they usually call to mind health, life, homeowner, and auto coverage. However, he also pointed…
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Research and Markets releases latest report about travel insurance last year
Research and Markets has made its latest report called “UK Travel Insurance 2011” available, providing deeper insight into the performance of the leading travel insurers in the country as well as key data regarding market share and GWP. This report helps to provide context for the data it has collected, as well as an analysis of the key issues in this sector of the market. Among its features is a discussion of last year’s trends in marketing that help to indicate the direction of the market and the strategies of…
Read MoreBusiness 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 MoreTravel 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 MoreWill 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…
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