Travel Insurance
Category: Travel Insurance
Travel Insurance
Brits are urged to check their travel insurance policy before heading for their holidays
new campaign sets out simple steps to avoid invalidating insurance cover invalid travel insurance could lead to significant costs travelers are encouraged to check Travel Advice for their destination As the big summer getaway ramps up with many schools breaking up, the Foreign, Commonwealth & Development Office (FCDO) is urging Brits traveling abroad to make sure they don’t void their travel insurance and risk a big bill. A new campaign will guide British travelers on the steps they need to take to make sure their policies cover them on their summer holidays. Travelers without adequate and appropriate insurance cover could… READ MORE
Travel Insurance
Hotspot Cover partners with Global Guardian
The partnership will enhance Hotspot Cover’s medical assistance and response capabilities, offering a range of services including: Medical evacuation Telemedical support Prescription assistance Emergency response and evacuation Kidnap and ransom negotiation Hospital referrals. Hotspot Cover is a specialist insurer that specialises in insurance for individuals and groups travelling to “high-risk, hostile and war zones”. It caters to individuals working in a range of occupations, including “business travellers, frontline journalists and non-government organisations (NGOs), [and] engineers and charity workers.” The company welcomed Global Guardian, stating that “this investment reinforces our dedication to providing them with the highest level of support and… READ MORE
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
Travel Insurance
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
Travel Insurance
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
Travel Insurance
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
Travel Insurance