As Hurricane Irene makes its way nearer to the American mainland over the Caribbean islands, travel agents are taking this time to inform their customers about the importance of travel insurance for hurricanes, while answering questions and selling the policies. In order to make sure that their customers are covered for a weather event, travel agents need to make sure that the insurance was purchased a minimum of one day before the U.S. National Weather service has spotted and given a name to the tropical storm or hurricane. This will…
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The return of the vacation and travel insurance
According to survey results by Mondial Assistance USA, a travel insurance company, the majority of Americans intend to take a vacation in 2011, a situation that has not been seen since the start of the global economic crisis. The insurer, based in Richmond, Virginia, found that 51 percent of Americans claim to be either “somewhat confident” or “confident” that they will be taking a vacation of a minimum of one week in length, and that will be at least 100 miles away from their primary residence. This is an increase…
Read MoreUsing the internet to find your ideal travel insurance policy
When you have planned a business trip, a fun family holiday, or a dream vacation, the last thing you want to think about is financial worries if something should go wrong. For that reason, it is important to find the best travel insurance policy before you go, and at the right price. When it comes to finding that policy, the internet can become your best friend. With a little bit of homework to identify your travel insurance needs while traveling inside the country or internationally, you’ll be able to spot…
Read MoreBershire Hathaway opens doors in India
Berkshire Hathaway Inc., a U.S. based insurance company run by Warren Buffett, has announced that they will be entering the insurance market in India. The insurer will make its entrance into the Indian sector as a corporate agent of Bajaj Allianz General Insurance. Berkshire Hathaway will provide general insurance products via online distribution. They will focus their efforts mostly on auto insurance and branch out from there. The Indian insurance market is experience rapid evolution and Berkshire Hathaway is committed to providing the products that are needed most. According to…
Read MoreVacationers may want to consider insurance for skiing accidents
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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