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…
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John Hancock Financial announces new travel insurance offerings
John Hancock Financial has announced that it will now be offering products from the travel insurance sector, which will be available to consumers through its new website which has been created specifically for that purpose, as well as through comparison websites for that type of coverage. The new travel insurance coverage will provide protection for trip interruption or cancellation, accident, medical, and baggage, as well as multi-lingual, 24-hour emergency services. The insurer, which is based in Boston, has said that while the products themselves will be distributed by the John…
Read MoreA blip in a trip doesn’t have to be a disaster with the right travel insurance coverage
Whether you’re traveling to visit relatives or are headed out on that dream vacation, without travel insurance, even the smallest incident can result in serious inconvenience, struggle, and financial catastrophe. While you’re away from home, just about anything can happen, from a stolen wallet to food poisoning. If you have coverage from travel insurance, you will have the coverage you need to have your personal belongings replaced, or to pay for medical expenses. It can also help to pay for replacement tickets for missed or cancelled flights, and other unanticipated…
Read MoreBikini Travel Insurance announces new product just for women
Bikini Travel Insurance has announced that it has released a form of specialized travel insurance that was created by women, for female consumers. This new Bikini Travel Insurance policy is now available for purchase online. This product is particularly unique because insurance products are typically considered to be the creation of men. This product breaks away from that tradition and focuses specifically on consumers who are women, with their travel behaviors and needs in mind. The policies do still cover the conventional travel insurance elements such as repatriation cover and…
Read MoreOver 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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