• zInternationalInsurance Blog

  • Thursday, March 18, 2010

A recent report has suggested that international airlines are projecting stronger financial performance, which is great news for travelers. While the airlines are still not yet posting profits, they are beginning to reduce the rate at which they are losing money.

The report was published by the International Air Transport Association and indicated that losses in 2010 should be half of what had originally been projected. The total losses are projected at $2.8 billion, but $5.6 billion in losses were forecast as recently as December 2009. That would mark a significant improvement over the $9.4 billion lost in 2009.

For travelers, this is encouraging information. Travelers have been plagued by rising travel costs for several years as airlines contend with not only the difficult economy but rising fuel costs. This has led to items which once were included for free, like checking your bags, now resulting in fees. If the airlines can continue to improve their financial performance, perhaps costs might deflate a bit.

While it is likely a long way from providing financial relief to travelers, it is certainly good news to hear that international airlines are projecting a stronger outlook. The recent report published by is encouraging for the world economy in general and international travelers in particular.
A recent question and answer column on CNN.com detailed the troubling scenario of a customer who was having trouble getting a refund for a cancelled flight after booking their travel through an online travel agency. The travel expert offered explanations as to why this was happening, but the simplest solution to this problem is to buy travel insurance.

The column theorized that the delay was occurring because the airline was being slower in paying back the travel agency than it might have been in paying you back directly. However, travel insurance offers your safest solution overall in the event that you are faced with cancelled flights, delays, or missed connections.

With a small investment, you will be able to be reimbursed quickly for the costs associated with flight scheduling issues, including buying new flights and booking new travel accommodations. So your investment will be protected and recovered no matter how long the airlines and travel agencies take to process refunds.

The cost of flying is constantly increasing as airlines struggle financially. One simple cancelled flight can be a costly loss, even if it is a temporary one. No one wants to be without the few hundred dollars they are owed any longer than they have to be. Take precautions against these sorts of scenarios by purchasing an affordable travel insurance plan.
Did watching the Winter Olympics put you in the mood to take a ski vacation? Whether your destination is Denver, the Alps, or the home of the Olympics themselves Vancouver, skiing is always a popular vacation option. However it's also a potentially dangerous activity, so be sure if you're heading to another country you're covered by international health insurance.


Novices and experts alike can get injured skiing, so don't think that just because you've graduated from the bunny slopes you no longer need to worry about broken legs and other injuries. And simply being careful while skiing is not enough, because freak accidents can occur at any time. When those accidents occur, you need to make certain you have insurance coverage for the country you're visiting, otherwise you could be facing some very expensive fees.

You see, even if you have an insurance policy in your native country, it likely doesn't cover activity that occurs in other countries. So you will be considered uninsured in the country you're vacationing in, which means you will have to pay for your emergency room care out of your own pocket, which can get very expensive very fast.

But international health insurance policies, which can be bought online with a few clicks of the mouse, will absorb most of the high costs of medical care, leaving you to pay only a fraction of the costs. Plus you can buy it for short periods of time, making it perfect for vacations. It will offer you tremendous savings if you need to use it and peace of mind even if you don't. So while you're booking your airfare and resort lodging, don't forget to buy insurance as well.

Q: Dear Sir or Madam,
do you have any cancellation policy?
Thanks.
Sincerely yours
Marco Perez

A: Thank you for contacting us. If you wish to cancel a current plan please email us the policy number and date you wish to cancel. Each plan follows a different cancellation policy.

If you need trip cancellation coverage you can compare the different plans we offer at http://www.zinternationalinsurance.com/results/tripmoreoptions/

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International Medical Insurance - Short Term
International Health Insurance - Long Term
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