Travel Insurance

Lebanon travel advice – GOV.UK

The Foreign, Commonwealth & Development Office (FCDO) provides advice about risks of travel to help British nationals make informed decisions. Find out more about FCDO travel advice. Areas where FCDO advises against travel Your travel insurance could be invalidated if you travel against FCDO advice. Consular support is also severely limited where FCDO advises against travel. FCDO advises against all travel to Lebanon. If you are currently in Lebanon we encourage you to leave now while commercial options remain available. For further information on why we advise against travel, see the ‘Conflict affecting Lebanon’ and Regional risks. Register your presence… READ MORE

Bali stabbing incident highlights often overlooked value of travel insurance

Bali stabbing incident highlights often overlooked value of travel insurance | Insurance Business Australia Travel Bali stabbing incident highlights often overlooked value of travel insurance Insurer leaves reminder – balance between adventure and safety Travel By Roxanne Libatique A recent incident involving two Australians in Bali underscores the critical importance of travel insurance – a cautionary tale you can share with your clients. A PerthNow report revealed that the individuals, who were subjected to a violent attack, faced severe physical injuries and were left with substantial medical bills, totalling at least $65,000 combined for necessary surgeries. This situation was compounded… READ MORE

Business News, Strategy, Finance and Corporate Insight

Half a decade back, travel insurance was taken mainly against loss of baggage or to compensate for trip cancellation expenses. But with marketplaces and travel aggregators providing comprehensive and competitive offers, insurance packages can now be compared, chosen and bought online. The flexibility and accessibility is expected to bring more takers and a rapid market expansion and growth. “As per the General Insurance Council report, last year, it was a 950-crore industry for overseas travel insurance and this year, three years after the pandemic, the expected growth is between 15-20 pc,” says Manas Kapoor, Business Head – Travel Insurance, Policybazaar.com,… READ MORE

Kiwi men more likely to travel than women, Southern Cross Travel Insurance study suggests

A study from Southern Cross Travel Insurance suggests men are more likely to travel in 2024 than women. Photo / 123rf It’s fair to say most people, Kiwis especially, love to travel overseas, to experience new destinations and foreign cultures. However, men are more likely to turn those desires into reality according to the latest Future of Travel study from Southern Cross Travel Insurance. The study found Kiwi men were more likely to have travelled overseas in the last 12 months than women. While 50 per cent of men surveyed had gone abroad, just 38 per cent of women had.… READ MORE

Navigating travel insurance for parents visiting the USA from India

Travel insurance for parents visiting the USA from India is extremely critical. Unlike India, healthcare in the USA is extremely expensive. Amidst the excitement of planning such a trip, it’s essential not to overlook the importance of travel insurance. Visiting parents’ medical expenses are not covered by your domestic health insurance in the USA. In this article, we’ll explore the intricacies of travel insurance for parents visiting the USA and how to ensure they’re adequately covered for their journey. Understanding the concerns: Travel health insurance for parents visiting the USA Spotlight Wire Health insurance for parents embarking on a trip… READ MORE

How to use credit card travel insurance

When a trip goes haywire, travel insurance suddenly comes into focus. A recent spat between a Boston restaurant owner and a customer highlighted the intricacies — and far-reaching impacts — of what happens when a trip is canceled. According to posts on X, the now-viral incident began in January when New York resident Trevor Chauvin-DeCaro became sick and was hospitalized. Because of his condition, Chauvin-DeCaro says he was no longer able to travel to Boston as originally planned. However, he said he used credit card travel insurance to be reimbursed for expenses including hotel, train and restaurant reservations. Here’s where… READ MORE

WorldTrips teams up with bolt

The partnership will also see WorldTrips customers offered the ability to acquire coverage for their devices while purchasing their travel insurance. The combined plan offers protection to “all individuals and their devices in the travelling party of the insured”. The plan includes coverage for a range of devices, including phones, tablets, and laptops, and claims can be submitted at any time via a “fully digital online claims process”. “At WorldTrips, we are constantly considering pain points that impact travellers and finding ways to address them with simple and affordable solutions,” said Mark Carney, President and CEO, WorldTrips. “We see bolt… READ MORE

Australian travel insurance red flags: missed connections, stolen luggage and preexisting conditions | Australian holidays

“Concerning” survey results from the Australian government website Smarttraveller this month shows one in six Australians traveled without any insurance on their last overseas trip. Even those who have insurance may not have been sufficiently covered, as over 80% of travelers did not properly read their policy product disclosure statement (PDS), an essential step for understanding what is and is not covered. In a statement, the Insurance Council of Australia’s CEO, Andrew Hall, said these results mean “Australians are putting themselves at risk,” and that “personal responsibility plays a big part in your travel plans and it’s important to read… READ MORE