Insurance Protects Cancelled Trips from Being Disasters

Even the best laid plans go for a toss sometimes—we’ve all probably experienced this. When it comes to international travel, this can prove expensive, and this is where trip cancellation insurance can come in very handy. For example, you really cannot take any action against unforeseen circumstances such as a terrorist attack at your destination. For the discerning traveler, travel cancellation insurance is a wise investment. Often, a trip cancellation or interruption clause in the travel insurance ensures that you can get back the maximum amount shown in the Confirmation of Coverage if the planned trip is canceled due to […]

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RoundTrip Insurance Eases Disappointment of Missed Travel

Joe Jinxed (say) is convinced that he is only successful in making plans for trips, not in making the trip! Thankfully, that has taught him that the first thing to buy after the tickets is trip cancellation insurance. The first time that Joe had planned a trip was to Europe and he bought the RoundTrip trip cancellation insurance plan after making all the arrangements for the trip. Unfortunately, the trip had to be cancelled because of the terrorist attack in London. However, he got back the maximum amount shown on the Confirmation of Coverage as The second time, he had […]

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Guard Student Travel with Appropriate Insurance

Traveling abroad can be very exciting for students and understandably, student travel insurance is usually not their top priority. However, it is wise to protect travel investments by purchasing adequate insurance in case the trip does get cancelled, or medical issues crop up during the trip. While there are several cheap student travel insurance plans available in the market, what a traveling student might need is just basic coverage for trip cancellation and minimum medical insurance. Two of the plans that offer such coverage are the Patriot Student Trip Insurance and the Student Guard Student Travel Insurance plan. While both […]

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Learn To Be Safe With Study Abroad Insurance

Lars Kohler is excited about his study program in the United States—after all, it has always been his dream to study marine biology. One of the things he has to pack, along with his clothes and books, of course, is international student insurance, sometimes called study abroad insurance. There are others from his university who are also enrolled in different programs in the United States, though. Lars has two options now: To purchase individual exchange program insurance (also called J-1 insurance) and to purchase group study abroad insurance along with his friends and colleagues. There are several plans available for […]

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Free Travel Insurance for Children

When traveling with children, often the most common question asked is about buying a travel insurance policy for the children. Travel medical insurance for children is not very expensive, because of the low risk of illness that they pose. What’s more, some plans offer great coverage for children, including free coverage. The TravelGuard travel insurance plans feature free coverage for children aged 17 and under when they travel with a covered adult. That means that for every adult, one child (17 years or under) will receive free coverage. The TravelGuard Silver plan is basically a trip insurance plan, covering trip […]

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Spreading the Risk: Basics of Insurance

While all of us have or want to have some type of health insurance, be it short term health insurance, visitors insurance, or comprehensive long term insurance, we rarely wonder about how insurance actually works. Let us look at some of its basic principles. The rationale behind insurance is the minimizing of risk. It corresponds to Man’s needs to keep most of his life planned and taken care of. While insurance does not prevent the actual event from occurring, it takes care of the financial impact of the event. How insurance accomplishes this is by the transference of risk. The […]

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Longer Lines for Short Term Insurance

In a sign of the times, companies are expanding their short term health insurance coverage. Several companies have recently announced the extension of their short term health insurance plans to other states where they were not present earlier. This indicates a trend toward short term coverage for people who are out of a job, and so, do not have long-term health insurance. Trends also indicate that more people are moving from being uninsured to purchasing short term health insurance. While this is a healthy trend, it is best to purchase short term insurance as soon as earlier coverage ends. Having […]

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Travel Back Centuries in Style with Europe Trip

When visiting the great cities of Europe, you certainly want to be covered by adequate Europe travel insurance. While the terms of Europe travel insurance might be similar to that of generic international travel insurance, the plans are usually tailored to satisfy all visa insurance requirements. When visiting Europe, you don’t want to travel around the whole of Europe unless you have a long vacation planned. Europe is so vast and diverse in its culture, that you would want to take time savoring the different sights and sounds of Europe. The countries that are uppermost on travelers’ itineraries is France, […]

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Why Should I Purchase OPT Insurance?

OPT health insurance may seem like an extravagance in today’s scenario, but consider it an investment well made. There is no law as yet that requires you to have health insurance while on the optional practical training period. Plus, it might seem like you are hale and healthy, and don’t really need insurance. Remember, though, that the basic principle of insurance is to protect against unfavourable situations. And falling ill when a student certainly falls into that category. If you think that OPT insurance is an expense you can ill-afford as a student, consider the following factors. Not having OPT […]

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Insurance Under the Hood: The Underwriting Process

When purchasing visitors medical insurance or travel medical insurance (or any insurance plan, for that matter), you would have seen the name of a company listed as the insurance plan’s underwriter. What exactly does the underwriter do? Let’s find out. An insurance underwriter is the person or company that assesses the typical risk that a plan represents for the company, and how much it should charge for a particular plan. Typically, this figure is arrived at after working with detailed numbers and applying complicated actuarial formulas on them. For example, if you are a 75-year-old man, your risk of claiming […]

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