travel insurance

What is business travel insurance and why is it important?

What is business travel insurance and why is it important? | Insurance Business America

Holiday insurance for business: Everything you need to know

Most companies rely on business travels to expand their global presence, which often entails going to distant and isolated locations. But the pandemic has forever reshaped the way people travel, forcing them to consider additional factors, including airline requirements, coronavirus regulations in transit and destination countries, and arrangements for their safe return.

While the COVID example highlights the importance of business travel insurance, this type of

EaseMyTrip partners insurtech firm Toffee for tailored travel insurance plans

EaseMyTrip, an online travel platform, has partnered with Toffee Insurance, an insurtech company, to provide innovative and tailored travel insurance solutions to its customers. As a part of this association, Toffee Insurance will manage all travel insurance products for added value and provide extra protection to customers of EaseMyTrip canceling flight bookings due to medical emergencies. The free of charge policy, eliminates the risk of losing booking charges as customers will get a complete refund including the money deducted by airlines, according to EaseMyTrip.

Rikant Pittie, co-founder, EaseMyTrip said, “While travel is reviving at a strong rate, customers are still

Chubb launches ‘Pay As You Roam’ travel insurance

Chubb launches ‘Pay As You Roam’ travel insurance | Insurance Business America

The new service “fundamentally changes the way in which people buy,” the executive said

Insurance News

By Ryan Smith

Chubb, the world’s largest publicly traded property and casualty insurer, has announced the development of its “Pay As You Roam” (PAYR) travel insurance proposition.

The PAYR service uses digital technology to simplify the way customers access and purchase travel insurance, Chubb said. The service uses mobile phone roaming data to identify when customers are outside their home country, activating

Help! My Tour Got Canceled but Travel Insurance Won’t Pay

The problem: Their trip was not technically “interrupted,” since they spent all 18 nights aboard. Several times in my conversations with insurance executives I heard the phrase “You’re not covered for loss of enjoyment,” but I imagined this applying for a week of rain at a Caribbean resort, not an Antarctic cruise that never made it to Antarctica.

I also heard from a reader named Alan, of Vaughan, Ontario, about a nightmarish return from Vancouver to Toronto during last Christmas season’s storms. After three WestJet flights were canceled and another delayed, all because of the weather, the next flight they

Faye Travel Insurance Review March 2024

Our team surveyed dozens of travel insurance providers and created a scoring system to judge each company based on coverage, quality and service. We also collected sample quotes from each company, both over the phone and on the internet, to simulate an authentic customer experience. Here are the factors we take into consideration when rating providers:

Cost (10%): To determine a baseline average travel insurance cost, we gathered quotes from each travel insurance company based on different traveler profiles. Travel insurance companies at or below our calculated average cost of $221 earn full points in this category. Specifically, we

Canceled your travel plans? Here’s what to know when making travel insurance claims

Travel insurance is very important, especially for travel outside of Canada.

There are different types of insurance coverage available, including trip cancellation, trip interruption and medical insurance.

Some people rely on travel insurance policies they have through their credit cards and banks, while others purchase additional insurance coverage by contacting travel insurers directly. Coverage can also be added as a line item when purchasing a trip with a travel agent or through an online travel company.

Travel insurance is not mandatory, but it is highly recommended because it provides protection in the event of an emergency, such as injury or

Travel Insurance: How it works and what it costs

Amazing beach sunset. Beach scene with relaxing mood. — Insuring your trip can save you money if something goes wrong.

Levente Bodo/Getty Images

As more Americans emerge from the COVID-19 pandemic and begin to travel, you may be plotting your own getaway. As delays, glitches and cancellations – and even new medical issues – seem more prevalent than in the past, you may also be considering travel insurance.

While travel insurance isn’t required like home or auto insurance, buying a policy before you leave can help protect you from losing most or all of the cash you’ve laid out for the trip. This could be for things like

How travel insurance can protect you from flight delays

Air travelers hoping things would smooth out once the pandemic receded had been sorely disappointed. The recent Southwest airline delays are just the latest in a string of delays plaguing the industry.

In 2022, Southwest Airlines flights were delayed roughly 26% of the time, according to Statista. American Airlines, Delta and United Airlines weren’t much better, with delays ranging from about 16% to about 22%.

When your flight is delayed, you have enough to worry about. You can