Travel Insurance Article Category

 

Travel Insurance Articles

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As the summer holiday season upon is us, many holidaymakers are already counting the days until they pack their bags and head for the sun. Unfortunately holidays do not always go according to plan; in 2007 the top three claims received by Tesco Travel Insurance, were for baggage loss, which accounted for 40 per cent of the claims; medical treatment with 30 per cent and 20 per cent for cancellations.
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The Foreign and Commonwealth Office (FCO) says that many people deeply regret not taking out travel insurance. They think their credit card accident cover, home insurance, or private health cover is sufficient. The reality is that you do not have appropriate travel insurance and you suffer serious injury or lose valuable possessions you will face harsh financial consequences.
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People approaching retirement age are now more likely to be searching for senior travel insurance than their slippers, pipe and newspaper according to new research launched by Prudential. It has been proved in this new survey that 58 per cent of people who will retire in 2008 see their time of life as an opportunity to do everything they want to do, and see the things they want to see. Only 14 per cent see it is a time to rest, relax and put their feet up.
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You’ve booked your holiday and you know exactly where you want to go and what sights you plan on seeing, the question is; are you fully prepared? As a disabled traveller it is important you attempt to anticipate as many hurdles that could potentially present themselves to you as possible. From contacting the airline to ensure they can cater to your needs as well as ensuring the receiving airport can receive you successfully and with as few hiccups as possible.
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A new ride has opened up at Universal’s Orlando Resort which the company hopes will attract many more tourists to visit their Florida theme park. With thousands of fans expected to flock to the theme park to experience the ride, experts warn to travel with the correct travel insurance before going on a family trip.
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Travel insurance provider, Total Insured Travel, have launched the first travel policy, which specifically covers terrorism and security. Cover includes additional travel, overnight accommodation, subsistence, alternative re-ticketing, and excess car parking charges as long as the delay is for more than 6 hours. The cost for this additional cover starts from as little as GBP 5.00.
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Travel insurance is a relatively new commodity that became popular only towards the end of the 20th century. The current estimate of the cost of travel insurance range between 5 per cent and 8 per cent of the total travel cost. If the holiday vacation is worth about $10,000, the cost of travel insurance is at most $800. It is a substantial amount, and thus, some travelers are tempted to forego the idea of getting travel insurance at all.
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A rapidly increasing number of Britons is putting their travel insurance at risk by booking different parts of their trip separately, a new study carried out by Marks and Spencer (M&S) Money has recently revealed. According to the research, an increase in internet availability and usage is responsible for the new numbers...
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Insurance provider, AXA has launched an independent travel insurance, despite the present financial turmoil’s that are due to the credit crunch. In spite of the increasing economic gloom, the holiday season is approaching and millions of Brits will be preparing to travel abroad over the summer months. But AXA warns that increasing numbers of people arranging their own holidays may be leaving themselves exposed despite taking out travel insurance.
Expert Author:
Do you have the necessary travel insurance that will safe guard both you and your loved ones if the unthinkable happens? Before you categorically answer yes, is it one that has been FSA approved not one that has simply been tacked onto your package holiday offering limited superficial perks?
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