ST. PETERSBURG, FL May 10, 2012 – Travel insurance comparison site Squaremouth.com names CSA Travel Protection’s Custom Comprehensive as the best-selling travel insurance plan for the first quarter of the year. Custom Comprehensive was purchased by 10.45% of travel insurance customers, almost a 3% increase compared to the fourth quarter of 2011.
The plan offers 100% Trip Cancellation, 150% Trip Interruption, including Hurricane and Weather, Terrorism, and Employment Layoff cancellation coverages. It provides $50,000 Emergency Medical with no deductible and $250,000 Medical Evacuation coverages. Travelers also receive Travel Delay, Baggage Delay, Baggage and Personal Item Loss, and Missed Connection benefits.
The second best-selling policy of the quarter, Seven Corners’ Roundtrip Economy, provides 100% Trip Cancellation, 150% Trip Interruption, $25,000 Emergency Medical and $250,000 Medical Evacuation coverages.
Compared to the fourth quarter of 2011, Travel Insured’s Worldwide Trip Protector slightly increased sales from 7.44% to 7.63%. Its Trip Protector Lite had a slight decrease from 4.58% to 4.3%. Travel Insured ranked first in overall percentage of premium sold and second in overall percentage of sales for the first quarter.
Trawick International’s Safe Travels makes its debut as a top-selling policy since joining Squaremouth.com in February. The plan is competitively priced and includes $50,000 primary Emergency Medical and unlimited Medical Evacuation coverages, which are unique benefits for its price point. Most lower priced plans come with secondary insurance, which requires travelers to first claim hospital or doctor bills through their main medical insurance before submitting to their travel insurance company.
Based on first quarter sales, the average policy premium was $219.12.
Squaremouth compiles data from its sales of 17 travel insurance providers with more than 250 insurance plans.
Squaremouth 2012 1st Quarter Travel Insurance – Based on percentage of policies sold
CSA Custom Comprehensive 10.45%
Seven Corners Roundtrip Economy 8.01%
Travel Insured Worldwide Trip Protector 7.63%
Trawick International Safe Travels International 4.37%
Travel Insured Trip Protector Lite 4.3%