Posted in Uncategorized on Sep 30th, 2008 No Comments »
If you are traveling abroad this year, make sure that you purchase adequate travel insurance protection for your nanny if she is vacationing with your family abroad. Taking your nanny on your trip is no longer something that only the rich do. Many partent are taking their nanny on trips to help take care of small [...]
Posted in Uncategorized on Sep 19th, 2008 No Comments »
Many travel insurance customers were worried with the recent financial troubles associated with American International Group (AIG) could mean that their travel insurance purchase from AIG Travel Guard could become worthless if AIG collapsed. The recent announcement that the Federal Reserve Bank of New York has agreed to provide a loan of up to $85 [...]
Posted in Uncategorized on Sep 19th, 2008 No Comments »
Almost 85,000 UK holiday makers and many vacationers from other countries were recently stranded overseas because of the collapse of one of the UK’s largest tour operators. The XL Leisure Group had to ground its large fleet of aircraft because they failed to secure a financial rescue package. On September 12th, 2008, several executives were [...]
Posted in Uncategorized on Sep 19th, 2008 No Comments »
The best advice that Santa can give you if you are planning on going across the boarder to shop for Christmas gifts this year is to remember to purchase travel insurance before you go. Accidents and illnesses can happen just as often on a short trip as a long one. More and more Americans each [...]
Posted in Uncategorized on Sep 9th, 2008 No Comments »
A recent study by Absolute Fraud Management (AFM) showed a 13% increase in potentialy fraudulent motor claims due to the credit crunch may be a warning to travel insurance carriers that suspicious claims may be on the rise for them as well. Most suspicous claims will involve trip cancellation policies where people realise that the [...]
Posted in Uncategorized on Sep 9th, 2008 No Comments »
It has recently been reported that travel insurance claims are most expensive in Mexico, costing an average of approximately $5,300 USD. This illustrates the need for getting travel insurance for Mexico. The next most expensive country for travel insurance claims was the United States. One would expect that a claim in the United States would [...]