Squaremouth Adds New AIG Travel Guard Product Enhancements to Offerings

Published by September 11, 2007

Leading Travel Insurance Comparison Site’s Expansion Provides Clients with More Flexibility

ST. PETE BEACH, FL—September 12, 2007—Squaremouth, a leading online travel insurance comparison site, today adds AIG Travel Guard’s newly released products and features to its lineup resulting in increased flexibility for its clients. Among the new features, the “cancel for any reason” and “cancel for work reasons” coverage will capture clients’ interest.

“The newly released Travel Guard product enhancements strengthen benefits for an already excellent product, and most importantly provide a strong flexibility element that allows our clients more choice” Squaremouth.com’s CEO Chris Harvey says.

While other tour operators might offer a version of “cancel for any reason”, Harvey explains that “cancel for work reasons” is rare, but he expects this offering will grow among third party travel insurance companies.

Travel Guard’s optional “Cancel for Work Reasons” option provides coverage if travelers are unexpectedly forced to cancel a vacation due to work obligations. For travelers who don’t have to cancel their trip but may be required to work while on vacation, this package also includes “Business Assistant” services*, which offers emergency dictation; business correspondence assistance; etc.

The new “Cancel for Any Reason” coverage reimburses 50-75 percent of the trip cancellation penalty (based on plan purchased) if the insured cancels a covered trip for any reason, up to 48 hours prior to departure. “Cancel for Any Reason”, which must be purchased within 15 days of initial trip deposit, is offered as an optional, add-on coverage to Travel Guard’s Cruise Tour, & Travel and ProtestAssist insurance plans.

“We are confident that Travel Guard’s new offerings will continue to be an excellent fit for Squaremouth’s clients, who have come to expect the highest level of customer service,” Harvey adds.

In May 2007, Squaremouth.com extended its Zero Complaint Guarantee to products provided by AIG Travel Guard. Harvey explains that “the company’s comparative travel insurance quote site only lists travel insurance carriers that have had no complaints from Squaremouth’s customers.”

Squaremouth has added the following Travel Guard product upgrades to its travel insurance comparison site and are immediately available at www.squaremouth.com:
http://www.squaremouth.com/travel-insurance/information/aig-travel-guard-travel-insurance-products.html [Cruise Tour & Travel]
Added optional “cancel for work” benefit
Added optional “cancel for any reason” benefit
Increased Trip Interruption benefit from 125% to 150%
Travel Delay benefit improved from 6 hour delay to a 5 hour delay
Baggage Loss upgraded from $1000 to $2500 per person
Baggage Delay upgraded from $200 to $500 per person
Accidental Death upgraded from $25K to $50K per person

Protect Assist
Added optional “cancel for work” benefit
Added optional “cancel for any reason” benefit
Increased Trip Interruption benefit from 100% to 150%
Travel Delay changed from $1500 after 12 hour delay to $750 after 5 hour delay per person
Baggage Loss upgraded from $750 to $1000 per person
Baggage Delay upgraded from $250 to $300 per person

Essential Basic
Eliminated $4,000 policy max for Baggage Loss
Essential Expanded and Essential Expanded Plus Umbrella
Baggage Loss upgraded from $500 to $750 per person
Baggage Delay upgraded from $100 to $200 per person

Protect Assist Plus Umbrella
Added optional “cancel for work” benefit
Added optional “cancel for any reason” benefit
Increased Trip Interruption benefit from 100% to 150%
Travel Delay changed from $1500 after 12 hour delay to $750 after 5 hour delay per person
Baggage Loss upgraded from $750 to $1000 per person
Baggage Delay upgraded from $250 to $300 per person
Added $25K Accidental Death

About Squaremouth:

Founded in 2001, Squaremouth.com helps travelers easily and instantly compare all the major travel insurance plans. To ensure customer satisfaction, all carriers are handpicked based on an internal rating system and also ratings from insurance industry watchdog AM Best. Only companies that meet Squaremouth’s strict requirements make it into the system. Along with its unique research capabilities and zero complaint guarantee, the site provides instant quotes, immediate purchase and instant confirmation. Visit www.squaremouth.com for more information.

About AIG Travel Guard:

AIG Travel Guard is one of America’s leading providers of travel insurance plans for more than 6 million travelers each year. Travel insurance plans through AIG Travel Guard are distributed by more than 12,000 travel agents across the United States.

Travel insurance through AIG Travel Guard may include coverage for trip cancellation, travel interruptions and delays, emergency medical expenses, medical evacuation expenses, and lost or delayed baggage. AIG Travel Guard’s plans also includes 24-hour travel emergency service* for emergency medical assistance, last-minute or emergency travel changes, lost luggage tracking, pre-trip travel advice, and more.

AIG Travel Guard is a wholly owned subsidiary of AIG Travel, Inc., a member company of American International Group, Inc. (AIG). American International Group, Inc. (AIG), world leaders in insurance and financial services, is the leading international insurance organization with operations in more than 130 countries and jurisdictions. AIG companies serve commercial, institutional and individual customers through the most extensive worldwide property-casualty and life insurance networks of any insurer. In addition, AIG companies are leading providers of retirement services, financial services and asset management around the world. AIG’s common stock is listed on the New York Stock Exchange, as well as the stock exchanges in Paris, Switzerland and Tokyo.

Insurance is underwritten by National Union Fire Insurance Company of Pittsburgh, Pa, a Pennsylvania Insurance Company (NAIC #19445) with their principal place of business at 70 Pine Street, New York, NY 10270 and a member of the AIG Companies®, currently authorized to transact business in all states and the District of Columbia. The Policy will contain reductions, limitations, exclusions, and termination provisions. All coverages may not be available in all states.

*Non insurance services are provided by AIG Travel Assist.

Contact
Chris Harvey
Squaremouth.com
Toll Free (800) 240-0369
Direct Line (727) 490-5802

http://www.squaremouth.com
http://www.squaremouth.com/visitors-insurance
http://www.squaremouth.co.uk