Archive for January 2010

Cancel For Any Reason Coverage

Published by January 29, 2010

Some travel insurance plans offer cancel for any reason coverage.  This benefit is different than trip cancellation, which requires that the trip be canceled for a covered reason listed in the policy. Cancel for any reason literally means that the trip can be canceled without providing a reason.  However, the traveler will not be reimbursed […]

Is Travel Insurance the Same Price Everywhere?

Published by January 28, 2010

The cost of travel insurance premium should be the same amount regardless of where the policy is bought.  If it seems as though a price is different from one source  than it is from another, then double check the information on the quote form.  Chances are that some of the information is inconsistent.  The travel […]

Travelex Definition of Mountaineering

Published by January 26, 2010

Many travel insurance policies specifically exclude mountaineering from coverage.  This can either be defined by an elevation limit or the use of ropes and pick axes for the purpose of climbing.  The following is the definition of mountaineering from Travelex.  Always refer to the certificate of insurance for details. “Mountaineering is the sport of walking, […]

What Constitutes Trip Cost?

Published by January 21, 2010

When getting a travel insurance quote, the trip cost must be listed.  Trip cost can include any pre-paid and non-refundable trip costs associated with the trip.  Expenses for flights, lodging, cruises or tours can all be insured against trip cancellation and trip interruption.  Simply put, the trip cost should be the amount of money that […]

Travel Insurance Without Trip Cancellation

Published by January 20, 2010

When shopping for a travel insurance policy, one way to keep the cost of the premium low is to enter $0 for the trip cost.  This removes trip cancellation and either removes or reduces the trip interruption from the policy.  The other benefits of coverage will remain.  This is a good option for travelers that […]

Position Statement from CSA on the Japan Airlines Bankruptcy

Published by January 19, 2010

Travel insurance companies release position statements when current events affect coverage.  The following is a position statement from CSA Travel Protection on the Japan Airlines Bankruptcy. Japan Airlines Bankruptcy 1/19/2010 Japan Airlines Corp filed for bankruptcy protection on Tuesday, January 19, 2010.  The airline will remain in the skies with the help of a state-backed […]

Do I Have to Insure the Total Trip Cost if I’ve Only Paid a Deposit?

Published by January 18, 2010

Travel insurance can provide relief for travelers that must cancel their trip and forfeit their vacation investment.  The trip cost should include all pre-paid and non-refundable costs associated with that trip.  This can include flights, lodging, cruises and tours.  When the traveler has only paid a deposit and wants to get travel insurance before the […]

Position Statement from TravelSafe on the Earthquake in Haiti

Published by January 15, 2010

Travel insurance companies release position statements that address recent catastrophic evens that effect coverage.  The following is a position statement from TravelSafe on the earthquake in Haiti. Earthquake Haiti For policies underwritten by United States Fire Insurance Company: The following applies to policies purchased prior to January 12, 2010 for anyone traveling to Haiti. Trip […]

Position Statement from CSA on the Earthquake in Haiti

Published by January 14, 2010

Travel insurance companies release position statements that address recent catastrophic events that effect coverage.  The following is a position statement from CSA Travel Protection on the earthquake in Haiti. Earthquake in Haiti 01/13/2010 A major earthquake in Haiti on Tuesday January 12, 2010, may have claimed the lives of tens of thousands of people, according to current […]

Can a Quote be Saved?

Published by January 13, 2010

When shopping for a travel insurance policy, there is the ability to email the quote.  The email will contain a summary of the benefits in the policy as well as the certificate of insurance.  There is also a link that says “Click here to compare this policy against others” which leads back to the original […]