If you’re planning a getaway to the fresh, snow packed mountains this year, make sure you have warm gear, install your liners, and tighten your power straps. It would probably be a good idea to check your health insurance policy too. It’s that time of the year; hoards of people ready for vacation, and heading to the snow for a little skiing and snowboarding. Although both sports have an excellent safety record, accidents can still happen. Over the last 10 years, fatalities have averaged about 40 people each year. Serious and…
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Is travel insurance becoming a necessity?
Having suffered through the worldwide economic recession and a year marred by disruptions, the travel insurance industry is finally seeing an increase in business. More people bought travel insurance last year as people became aware of the potential for calamitous situations to arise during travel. With earthquakes, floods, volcanic eruptions, blizzards, and civil disturbances, people have begun to see the value of such policies. Dean Sivley, chief executive of Travel Guard, a travel insurance provider, has said that more people are buying policies, but that the company is also paying…
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