• 07
  Oct
  2009

• The Impulse Bungee Jumper and Hazardous Sports Insurance

  
  Filed Under: Blogging
  Author: Blog Writer
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According to a recent study, one in three Britons impulsively try out risky and adventurous activities such as bungee jumping and white water rafting when traveling abroad. If the decision to participate in an extreme sport was impulsive, the traveler probably did not purchase additional hazardous sports coverage as part of their international travel health insurance plan.

So when should you purchase the plan? After all, a vacation makes you do crazy things! The first thing to do is to take an honest look at yourself. If you are the adventurous type, or have enjoying doing something like this in the past, look at the possibility of adding the rider to your international travel insurance.

Also consider your destination: If you think you’ll spend a lot of time doing cultural activities such as visiting museums, you might not need the extra insurance. If you’re going to be busy meeting clients all week long, and your idea of unwinding is an HBO movie with a can of beer, you don’t need the extra insurance.

If you decide to purchase the extra cover in your international travel insurance, find out what it covers and what it does not. Ask any number of questions if you have doubts about insurance coverage.

• 06
  Oct
  2009

• The Art of Insurance Reimbursement and Disclosure

  
  Filed Under: Blogging
  Author: Blog Writer
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Question: I’m planning a really short trip to England, and don’t expect to do anything stressful. Should I disclose my nagging back pain on my international medical insurance application form? Will it increase my premium?

Answer: Filling out medical insurance forms can be overwhelming. While you don’t want to write about every little muscle pull and toothache that you have suffered in your life, you must never wilfully give incorrect information. Even if the insurance is for a short time, such as international medical insurance , be truthful in your application form.

Withholding information may lead to cancellation of your policy. Also, if a related problem crops up, or the undisclosed problem is detected when treating another medical condition, your international travel medical insurance is of no use. You will be hard-pressed to find insurance in a foreign land.

As for your travel insurance premium, that will usually not be affected. However, the conditions that you disclose will probably be excluded from coverage. Remember that your application is not the only way previously existing conditions can be detected. Medical records and your own body can give tell-tale signs of conditions. It’s better to be safe and disclose all the information that you have, before buying your international medical insurance. Bon Voyage!

• 05
  Oct
  2009

• Travel Insurance: Is Your Baggage Getting Its Due?

  
  Filed Under: Blogging
  Author: Blog Writer
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You don’t want to carry baggage into a relationship, but you certainly want all your baggage on that trip to France! Especially that Louis Vitton bag! International travel insurance may not cover the true cost of your baggage. Do you need baggage insurance?

The answer depends. If you have a homeowner’s insurance policy, the loss of your baggage abroad may be covered. Check your home insurance policy. Also, unless you have something really valuable in those bags, you may be satisfied with the standard-issue insurance provided by your travel and/or your airline insurance. Remember that the airline baggage insurance ceases with the luggage carousel.

If you’re carrying a laptop for official purposes, your homeowner’s insurance will not pay for its loss. And consider the value of these common items whose value we sometimes tend to ignore: digital camera, laptop, mp3 player, mobile phone, designer clothes and luggage. If you think your luggage warrants it, purchase extra luggage insurance as part of your international insurance to enjoy your vacation a bit more.

Also consider your destination. Not all countries are alike, and if the crime rate and efficiency of the destination is questionable, it might be a better idea to be covered than discovered!

• 02
  Oct
  2009

• International Life Insurance for Peaceful Travel

  
  Filed Under: Blogging
  Author: Blog Writer
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International travel is quite commonplace today, as globalization takes center stage. In 2008, nearly 922 million international arrivals were recorded. However, the travel industry has seen a slowdown in recent times, what with the economy and the swine flu playing spoilsport. Auxiliary costs such as international travel insurance have also taken a backseat.

One of the costs that travelers seem to ignore is international life insurance. However, it not just makes sense, but is also imperative in many situations. With rising mortgage rates and the age of the average homeowner decreasing, it is necessary to ensure the future of your family.

International life insurance is especially recommended for executives who travel often, and for people whose work or pleasure requires them to indulge in risky activities. Companies may also want to purchase international life coverage for executives traveling abroad.

International life insurance can be purchased as a standalone policy, or along with international medical insurance. Most of these plans provide coverage against acts of war, terrorism, and offer benefits such as medical evacuation, emergency reunion, and permanent disability coverage.