Travel insurance is not a priority to most Canadians

Travel Insurance

Study shows that travelers from Canada do not purchase coverage. The results from recent research has shown that while Canadians are avid travelers – particularly abroad – they do not typically buy travel insurance to protect themselves while they are on their trips. Six out of every ten Canadian travelers are not insured before leaving the country. The survey, which was performed by BMO Insurance and which was entitled the Summer Travel Insurance Study, indicated that over 67 percent of Canadians had travelled within the last year to destinations in…

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Rarely known facts about travel insurance

Travel Insurance

Many travelers don’t realize how much the coverage will actually provide. It’s expected that hundreds of thousands of visitors will head to London this summer as a result of the Olympic Games, but many of these and other travelers have no idea how much protection they can receive from their travel insurance, and what they are missing if they fail to purchase it. Though many realize that they would receive medical assistance, there is a great deal more to the coverage. Similarly, many people think of it as basic cancellation…

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TripInsurance.com announces new form of potentially life-saving coverage

Travel Insurance

The carrier has unveiled a new travel insurance policy for non-medical emergency evacuation. TripInsurance.com has announced that it is now offering a new product as a part of its available travel insurance options, that will provide policyholders with coverage for evacuation in non-medical emergencies. This trip coverage will be underwritten by US Fire Insurance Company and BCS Insurance Company, and will provide customers up to $25,000 in payments to cover their return to safety should their destination experience a man-made or natural disaster, or resulting from political issues that are…

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Is Cancel for Any Reason Insurance Appropriate at All Times?

Cancel for Any Reason insurance has been growing very quickly in its popularity among travelers, but some are starting to wonder whether or not it is appropriate for all occasions. Though it is important to carry adequate insurance to protect yourself against certain unforeseen circumstances, there is such thing as having too much – paying for what you don’t actually need. The travel insurance comparison site, Squaremouth.com, has recently released data that showed that there can be times when travelers simply don’t need it. Squaremouth marketing manager, Sara Byrne, said…

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