Live Insurance News

What Happens When You Cheat On Your Travel Medical Insurance Policy.

December 1, 2013April 19, 2014 Guest Author

This shark is unimpressed with your lack of travel health insurance When you go on vacation, you don’t leave anything to chance. You make sure you have your reservations in place, all down payments squared away, an itinerary set up, and everything you need to take with you all ready to go. But if you skimp on medical insurance, you may be setting yourself up for some trouble, even if you already have a regular health insurance policy in place. Travel insurance is common enough, and it takes care of things…

Travel insurance purchased by only half of vacationers

August 9, 2013August 7, 2013 G. Turner

The results of a recent study have shown that travelers are not purchasing medical coverage before they leave. According to the results of a recent study on summer vacations, only half of Canadians who head out of the country during the summer purchase travel insurance to cover themselves in case of a medical emergency. This includes those who are headed to the United States or abroad on their vacations. The travel insurance study was conducted by BMO Insurance. What it determined was that among the 83 percent of Canadians who…

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…

Travel insurance policies that meet your needs and expectations

July 17, 2012April 30, 2013

This coverage is not one size fits all. When you’re planning a vacation, it’s important to keep in mind that travel insurance is just as unique as all the other plans that you’re making. For this reason, there is no one policy that will suit all travelers. Regardless of whether you’re booking your trip online, or consulting a travel agent, it is normal to expect to receive a sales pitch for travel insurance. Though you may not believe that you need it, it is still worth considering. Travel insurance may…

Business Travelers Refuse Trips to Risky Locations, Chubb Survey Finds

February 8, 2012February 8, 2012 Guest Author

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…

Travel Insured International releases new product for corporate travelers

January 21, 2012January 21, 2012 Marc

Top privately owned provider of travel insurance, Travel Insured International, has launched a new option geared toward providing coverage to corporate travelers. The new product is called the Corporate Travel Protector and it is designed to provide coverage for medical evacuation, emergency medical, and travel delay expenses, and is being sold at a reduced rate when compared to traditional trip cancellation plans. This particular product was created to make sure that even if the corporate travel manager decides not to buy coverage for the full company, it is still possible…

Will travel insurance provide coverage for catastrophes such as that faced by Costa Concordia passengers?

January 20, 2012 Julie Campbell

When booking a vacation, many people wonder whether or not it is truly worth the added expense to purchase a travel insurance package, and whether or not it will cover them in case of a disaster such as what occurred on the Costa Concordia. Cruise passengers did indeed benefit from their protection when they were evacuated from the ship. While they waited for Costa Cruise Lines to provide their assistance, those who had purchased travel insurance were already served by the insurers who relayed messages back to the loved ones…