Live Insurance News

Is your travel insurance able to stand up to this common spring break activity?

February 12, 2024February 9, 2024 Julie Campbell

Many people are unpleasantly surprised at some of the common vacation behaviors that invalidate coverage. Spring break vacations can be lots of fun, but when something unexpected happens, you’ll want to make sure that the travel insurance you purchased will provide you with the coverage you think you have. Coverage is nearly always invalidated if you were found to be intoxicated when the claimed event occurred. Drinking is often a part of the spring break vacation experience. That said, it’s very important to remember that a travel insurance policy will…

Travel insurance claims abound among those who planned a Maui vacation

August 29, 2023August 28, 2023 H. Cutner

Travelers who booked trips to the Hawaiian island devastated by wildfires are seeking to cancel. The Maui wildfires are causing people who had intended to travel to the island to look to their travel insurance and credit cards to obtain a refund for the plans they had booked but that they now intend to cancel. Many people who had intended to head to the Hawaiian island now want refunds for their trips. This unfortunate situation is being used by many agents as a reminder to clients about the importance of…

Extreme travel insurance is an expanding category of coverage

June 29, 2023June 28, 2023 Nordstrom

Extreme travel insurance - woman swimming with a shark

With new and risky sports and activities cropping up worldwide, policies are developing to cover them. If there is anything the recent tragic Titanic shipwreck tour disaster has underscored, it is the risk associated with some of the activities wealthy tourists are taking on, which is why extreme travel insurance is a growing form of coverage. Despite the dangers, tourism is offering a lengthening list of risky activities for travelers to experience. From deep sea dives to swimming in shark-infested waters, and from climbing to mountaintops to visiting the South…

Deceptive travel insurance practices scrutinized by California and Florida

April 9, 2015April 8, 2015 Julie Campbell

The two states have released statements with regards to sketchy opt-out rules from some companies. California and Florida have both now issued their own statements with regards to certain selling practices that have been adopted with regards to travel insurance and the opt-out methods that are used extremely regularly. The states feel that these methods of selling the travel coverage are deceptive and are hoping to promote change. The first statement was issued by Florida in February, when the state’s Office of Insurance Regulation produced an informal memorandum. Within it,…

The Importance of Terrorism Coverage in Your Travel Insurance Policies

March 17, 2013February 16, 2014 Guest Author

A look into travel insurance… A note on terrorism, before we go deeper into the subject. Global terrorism is clearly a real threat, as the events (and indeed some of the wars) of the last 14 years have illustrated. It is also true that specific countries or parts of the world have, at different times, had or still have a problem with terrorists endemic to their own shores. Sri Lanka, for instance, experienced sporadic bombings and terrorist attacks during the long years of the war between the Tamils and the…

Insurance news made with John Cleese’s article

September 26, 2012March 28, 2014 Julie Campbell

The British comedian, actor, writer, and producer has declared his love for coverage. Though insurance news isn’t rare, though it occasionally pops up in some unexpected places, and in this case, it was an article written by John Cleese, when he wrote an article entitled “Why I love insurance”, which was published in The Province. The English actor is best known for his role in the wildly popular Monty Python movies and series. The insurance news article began with a personal history from Cleese, in which he briefly described his…

Travel insurance claims can be very strange

September 1, 2012April 30, 2013

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,…