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Archive for May, 2007

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Many people think that travel insurance companies are not justified in increasing costs for people with certain medical conditions and also those over the age of 65. Some say that this is discriminatory.But those who sell insurance know that insurance is only fair if the insurer charges the people at higher risk a higher premium [...]

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Canadian

The March 29th issue of the Statistics Canada Daily report indicated that the Canadian tourism industry registered its third consecutive year of solid growth in 2006, with spending reaching$66.9 billion.  A large part of this tourism spending was attributed to Canadians, rising at its fastest pace in a decade, whereas spending by foreign visitors fell [...]

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Defaqto

Defaqto is reporting that some policies charge too little to be able to pay out. Consumers buying travel insurance have been warned not to base their decision just on the cost of the policy in a report published this week by Defaqto, the leading financial research company.  The report ‘Travel Insurance in the UK – [...]

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Travel

It has been reported that price competition among travel insurers has not deterred new entrants from coming into the market, according to the UK financial research company, Defaqto.  In its latest report, “Travel Insurance in the UK – Cheaper is rarely better”, Defaqto has revealed that there are now over 175 separate distributors fighting for [...]

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Short

Short-haul flights are becoming increasingly more available and affordable to North Americans. They well advised to take out annual travel insurance. More and more people are traveling several times throughout the year. Discount airlines are making this more and more affordable. If you purchase a multi over a single trip travel insurance plan, you may [...]

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Travel

The Travel Health Insurance Association of Canada (THIA) has responded to recent articles in various newscasts represented travel insurance as a waste of money. THIA argues that this assertion provides a disservice to Canadian travelers. Canadian travelers without supplemental out-of-country health insurance often risk a tremendous financial burden. THIA noted that the advice was especially [...]

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Maternity

While it is usually safe to travel while you are pregnant during the first 2 trimesters, make sure you ask your doctor if you should travel overseas before you go. Mention to your MD where you are going and for how long and which dates. Travel to a third world country where there are dangerous [...]

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Travel

Before you buy student travel medical insurance, you might want to check if you’re covered by your parents’ medical insurance. Make sure you ask Mom or Dad to talk to the company issuing the policy and inquire whether you’ll need additional medical insurance coverage overseas. Also check how long that policy will cover you for [...]

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Why

The simple answer is peace of mind. If you are planning a trip to China or a cruise in the Caribbean, you should add travel insurance to the top of your to do list before your departure. There are two types of travel insurance – travel medical and evacuation insurance and vacation insurance. Some policies [...]

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