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…
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Understanding different types of insurance and their need in emergency
Insurance is a vital constituent of financial safety for any person. As time goes by, individuals start thinking about different ways that they may employ to save their hard earned cash – insurance policies being the most common among them. Insurance provides several benefits, based on the type that is purchased. Life insurance, health insurance, auto insurance and homeowners insurance are some of the common varieties of insurance policies. Insurance certainly serves different purposes and offers benefits for individuals as well as businesses. While a lot of people buy insurance…
Read MoreRarely known facts about 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…
Read MoreTravel insurance makes a difference in the cost of a medical emergency
Travel insurance can help to decrease the expense associated with medical emergencies away from home. Though travel insurance is overlooked by many people when they are planning a vacation, the fact is that it can make a significant difference in the costs associated with a medical emergency that occurs while you’re away from home – particularly when traveling out of the country. Though it may not be fun to think about what could happen if you need urgent medical attention in another country’s hospital or if you need emergency air…
Read MoreWill travel insurance provide coverage for catastrophes such as that faced by Costa Concordia passengers?
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…
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