• International Insurance Blog

  • Friday, February 23, 2018

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.
Last week, a cruise ship called the Louis Majesty was traveling through the coast of northeast Spain when it was hit by 26 foot waves. While cruises are fun, cost-effective vacation options, this incident is an unfortunate reminder that danger can still strike during them. If you're planning a cruise, make sure you're doing so with international medical insurance.

Sadly, two passengers aboard the ship died, and 14 others were injured. Should you become injured in international waters, there's a very good chance your insurance policy will not cover you. That means you will need to pay for medical coverage yourself, which can be extremely expensive.

However, if you have international medical insurance you will be able to receive high quality healthcare at an affordable rate. It will cover minor and major incidents alike, offering you robust protection in the face of unforeseen circumstances.

Medical care may be the last thing you'd think about when planning your next cruise, but it's definitely not something you should forget. As the Louis Majesty tragedy reminds us, anything can and sometimes does happen on a cruise ship.
This past week, U.S. President Barack Obama signed into law a new Travel Promotion initiative that seeks to advertise the U.S. to the rest of the world as a premier travel destination. The measure is in some respects a response to international travel safety concerns, and the U.S. hopes to see an increase in international visitors. If a trip to the U.S. is on your agenda, be sure that buying international medical insurance is as well.

The plan will not only promote the U.S.'s value as a travel destination, it will also educate potential visitors on the various Homeland Security policies so that they understand the rules and regulations inherent in visiting the U.S. from another country. This is aimed at making visitors feel more comfortable with the idea of coming to the U.S. for vacations and business.

The U.S. healthcare system is structured so that you need medical insurance coverage in order to receive care at an affordable rate. Uninsured patients must pay for healthcare in full themselves, which can cost anywhere from hundreds of dollars to tens of thousands depending on the procedure. Medical insurance absorbs most of those costs, leaving native citizens to pay just a fraction.

International medical insurance will provide the same service to you. You'll be able to get the high level of medical care you deserve at a price that better fits within your budget. You don't want your visit to the U.S. marred by the high costs of medical coverage. With international medical insurance, you won't have to worry about that problem.
If you travel more than a few times a year, you likely have developed your own favorite airports. It may be because of the dining options, the shopping options, or how busy or quiet an airport is; everyone has their own reasons for preferring one airport to another. A recent study conducted by JD Power and Associates has revealed the top airports in terms of travelers' satisfaction. Try routing your next international trip through these if you want to avoid needing to use the lost luggage features of your travel insurance policy!

Detroit Metropolitan Airport topped the list, which may be somewhat surprising given the city's economic difficulties. In fact, the airport was ranked much lower (12th) on the survey only two years ago. However, the airport as commended by travelers for its high standards of cleanliness and its dining and shopping options. That's encouraging news to other struggling airports who may fear that it could take years to correct consumer perception problems.

Other airports ranking high on the list include Denver, Minneapolis, Orlando, and Phoenix. Criteria used to evaluate airports in the study included dining choices, security check-in process (obviously an increasingly larger concern these days), baggage claim, accessibility, and overall comfort level in the terminal. Airports ranking lowest included New York's JFK, Philadelphia, Miami, and LAX in Los Angeles.

You can learn more about the study at JD Power's web site. See how your travel experiences rank against what your fellow consumers report.

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