Travel Insurance References

Traveling abroad either  for business or pleasure can be an exciting and wonderful experience . But what would happen if you or any of your family members became ill or injured while away from home? International travel can quickly turn frightening if you’re not prepared for a medical emergency. And Mostly  travelers assume that they will be covered by their standard medical plan. But the truth is, while traditional plans offer adequate domestic coverage, they may not be designed for international travel. Without even realizing it, you may be putting your health – and that of your family – at risk.

Jade Stanley Ltd was launched in September 1999. The whole concept is to provide customers with instant travel insurance by maximizing the use of internet technology, but at the same time never losing the personal touch. Jade Stanley has now issued policies to over 500,000 customers and continues to offer first class customer service. They aim to provide instant coverage but at the same time provide full details of the policies available and the highest level of customer service.Its insurance products and services offer travel and other insurance policies from AXA Insurance UK and is related with inter group insurance services. JS Insurance also sell other insurance products, such as multi trip, single trip or direct travel insurance. If they insured on the same policy as an independent travel for trip with children, spouse or partner up to 21 days duration for trips. It cover for Business trips included at no extra cost. They will normally communicate with customers by post, telephone or email.

by: Djai Tanji

•Trip cancellation benefit – if ever your trip is cancelled because of certain circumstances beyond your control and after the period of time that the travel agent or tour agent will reimburse you, trip cancellation coverage will compensate you a percentage of the amount you have paid to reserve your place
•Health and Accident cover – a good travel insurance policy covers medical expenses and most policies will even cover, if necessary, the expenses of flying a family member or other companion to escort you back home
•Lost luggage cover – it will pay you for items lost or stolen in your luggage. But there are limits to the amount per bag or item that is stolen
•Repatriation benefit – some travel policies will pay you a percentage of the expenses of your holiday and pay for traveling to return home if ever something unexpected happens like relative illness, fire and including a pet’s illness.

Since war was declared in some places like Iraq, frequent flyers have become hesitant to travel around due to some traumatic reasons. World Travel Center had explained about the Terrorism Travel insurance here:

Terrorism travel insurance coverage protects your trip investment if there is a terrorist act in a city that is part of your travel itinerary. When a travel insurance plan includes this coverage and you are eligible for it, you are protected if you need to cancel your trip or your trip gets interrupted.

If you’re a business man who needs to travel to earn a living, well worry no more. Travel insurance will cover the damages that might pour in.

Your worst nightmare has turned into reality. Just when you thought you will have a blast on your holiday, you find yourself dialing your insurance provider.

So how do we really make a claim?

Contact your insurance provider right away. Check for your coverage. If you need medical assistance, your insurance provider can help you get help especially if you don’t speak the language.

For stolen items, report it to the nearest police headquarters. Secure a written police report. You can then send a copy to your insurance provider or better yet contact them and ask them for further requirements if needed.

Source of picture: http://www.offshoremedicalbilling.com/images/medical-claims.jpg

One of the secrets in saving money for purchasing a travel insurance package, is to research online and compare prices. Carefully review the policies and see what will best suit your budget as well as your needs.

If you are a frequent traveler, you can avail of a multi-trip policy. This is also good for families who travel abroad.

You will find tons of travel insurance providers that offer affordable packagers. Carefully review their coverage. Your coverage should at least include cancellation, medical and emergency, personal liability and theft. Sometimes getting the cheap packages is not the best deal.

Source of picture:http://www.piperreport.com/archives/images/State%20False%20Claims%20Acts.jpg

Source of picture: http://www.web-insuranceinfo.org/images/travel_insurance.jpg

Just like any other insurance policies, travel insurance also has exclusions. Some of which are pregnancy related expenses, injury or illness cause by drugs or alcohol, pre-existing medical conditions. Some packages does not include emergency repariation for war or terrorism related emergencies.

Knowing the exclusions of the travel insurance package is as important as knowing their policies. Exclusions may vary from different travel insurance providers. Research online for the policies and exclusions. Compare them with others. Find the right one that would best suit you during your travel. Discuss exclusions with your agents.

by: Djai Tanji

A lot of people travel abroad without any travel insurance every year with the mistake of thinking that they are covered by their credit cards. Most credit cards today only offer travel accident insurance while there are a few who also offer but with additional charge. Travel accident insurance actually refers to a very partial personal accident insurance policy which will only pay you if you die as a result of an accident during travel that the card paid for. It is important for cardholders to read the small print so you won’t be confused of travel accident insurance and the real comprehensive travel insurance. A real comprehensive travel insurance policy should be covering you for medical expenses, repatriation cover and cancellation policies.

by: Djai Tanji

FSA or Financial Services Authority reminds insurers and travel agents that there will be new regulations regarding the sale of travel insurance that will come to force in January 2009. The said authority regulates the sale of travel insurance already that is not connected to any travel arrangements, not brought directly from any insurer and not through any insurance broker. Starting next year, travel insurance companies should be able to prove that they are fit, proper and appropriately resourced. Also, they should be sure that staff are really competent to go through the whole business as customers receive sufficient and concise information about the company’s services and products. Travel companies also need to have a system in place that will allow customers to search redress if things are not going smooth.

If you got involved in an accident and you need immediate medical aid, insurance might be helpful. You can also use it if due to sickness, you cancel your trip.

Also, if your tour operator gets bankrupt, you need to get your non-refundanble expense be covered and immediately land on your destination country.

You can also use the insurance if you engage in a medical emergency in a foreign country. Moreover, if a terrorist attack is experienced in a city that you plan to visit and because of it, you wanna cancel your trip.

Lastly, if a hurricane obliges you to transfer your resort, hotel or cruise, then, you need a travel insurance.