Travel insurance isn’t always practical, says National Consumers League

Travel Insurance

The group has released a statement that the protection does not always make sense. According to the National Consumers League, a group that has been in existence for 114 years, the way that the industry functions has designed travel insurance in a way that it is typically not a good deal for travelers. They have pointed out that there are far too many exceptions to make the coverage worthwhile for most people. The consumer group has pointed out that travel insurance policies are filled with different kinds of exceptions that…

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Travel insurance purchased by only half of vacationers

Medical Travel Insurance

The results of a recent study have shown that travelers are not purchasing medical coverage before they leave. According to the results of a recent study on summer vacations, only half of Canadians who head out of the country during the summer purchase travel insurance to cover themselves in case of a medical emergency. This includes those who are headed to the United States or abroad on their vacations. The travel insurance study was conducted by BMO Insurance. What it determined was that among the 83 percent of Canadians who…

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Travel insurance purchased by only half of Canadians

Travel Insurance

A new study has shown that only about fifty percent of travelers from the country buy a policy. A new study conducted by BMO has just revealed that while 83 percent of Canadians plan to go away on vacation at some point between May and October 2013, only half have intentions to purchase travel insurance to cover them while they are not at home. The survey examined a number of different habits of Canadians while they are away from home. For example, the average Canadian traveler intends to spend $3,073…

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Travel insurance giant Allianz Global Assistance USA releases summer vacation data

Travel Insurance

Its Index has indicated that Americans are more likely to take time off this year and head away from home. Allianz Global Assistance USA has just announced its Allianz Travel Insurance Summer Vacation Confidence Index, which is the third annual report of this nature. This year’s findings show that Americans will be taking more vacations. The same report also indicated that social media continues to remain an important factor in inspiring people to travel and assisting in the decisions that they make when, where, and how they will be vacationing.…

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