Tag: traveling insurance

Travel insurance isn’t always practical, says National Consumers League

H. Cutner
Travel Insurance

The group has released a statement that the protection does not always make sense. According to the National Consumers League, a group that has been in existence for 114 years, the way that the industry functions has designed travel insurance in a way that it is typically not a good deal for travelers. They have pointed out that there are far too many exceptions to make the coverage worthwhile for most people. The consumer group has pointed out that travel insurance policies are filled with different kinds of exceptions that…

Read More

Travel insurance purchased by fewer U.K. vacationers

Julie Campbell
Travel Insurance

The latest figures are indicating that one quarter of vacationers are not covered when they go abroad. According to the latest data released by the Association of British Travel Agents (ABTA), one in every four vacationers traveling abroad from the United Kingdom has not purchased travel insurance protection. This figure shows that there is a rapid trend moving away from purchasing the coverage in recent years. The data indicated that from 2011 to 2012, the number of holidaymakers without travel insurance rose at a dramatic rate from having been 20…

Read More

Online insurance brand Protect Your Bubble is released in the United States

Nordstrom

A new online insurance brand called Protect Your Bubble has had its initial American launch today, with the backing of a Fortune 500 company and the intention to provide modern consumers with the additional choices they need to protect the things that are important in their lives at a given moment, such as pets, travel, and gadgets. According to the Europe and North America Protect Your Bubble president, Stephen Ebbett, when consumers think about insurance, they usually call to mind health, life, homeowner, and auto coverage. However, he also pointed…

Read More

Research and Markets releases latest report about travel insurance last year

Research and Markets has made its latest report called “UK Travel Insurance 2011” available, providing deeper insight into the performance of the leading travel insurers in the country as well as key data regarding market share and GWP. This report helps to provide context for the data it has collected, as well as an analysis of the key issues in this sector of the market. Among its features is a discussion of last year’s trends in marketing that help to indicate the direction of the market and the strategies of…

Read More

Business Travelers Refuse Trips to Risky Locations, Chubb Survey Finds

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…

Read More