What is Travel Insurance?
Without travel insurance, you may be left with a bill of more than $500,000 if you're injured or your belongings are stolen abroad. If your trip involves a lot of planning or traveling outside the country, getting travel insurance is crucial. Luckily for you and your wallet, there are many low-cost alternatives to expensive policies that offer similar coverage. Here are some tips on how to save money when buying travel insurance:
1) Shop around for plans. Travelers can purchase policies from different providers at various prices so shop around for the best deal possible; compare the policy's coverage features and price per day as well as the length of time it covers.
**Primary research source: http://www.theoracleoflife.com/travel-insurance-101.html
2) Contribute to an Online Travel Insurance Company. According to a 2012 study by The Consumer Reports National Research Center, 88 percent of the survey's respondents said they would choose an online travel insurance provider if given the choice between paying a higher premium or having more coverage options. As with other providers, these companies typically offer policies that cover medical evacuation, emergency baggage protection, lost or stolen luggage and trip cancellation.
**Primary research source: http://www.consumerreports.org/cro/news/2012/06/online-insurers-offer-more-coverage-for-less/index.htm
3) Don't forget to check your credit card benefits. Many credit cards offer some type of travel insurance in conjunction with their purchase reward programs. Check the paperwork that comes with your card for details on coverage options and supplemental charges, and call your credit card company to determine if you have coverage already.
**Primary research source: http://www.bankrate.com/finance/credit-cards/credit-card-travel-insurance.aspx
About Travel Guard International: TravelGuard Group, Inc. (Travel Guard) is an American travel insurance provider with headquarters located in Springfield, Missouri. Travel Guard sells travel insurance and travel security through distribution channels including corporate chains and independent agents in over 13 countries. The company also provides specialty programs (emergency medical and legal assistance), and corporate benefit programs to the business community.
In 1938, Travel Guard's predecessor began writing policy for Trans World Airlines (TWA). In 1952, TWA asked Travel Guard to cover the network of agencies that had been set up to sell TWA policies. The company agreed and began selling policies directly to agencies, which eventually led to developing products for the independent agent market. In 1994, Travel Guard became a subsidiary of Chubb Corporation.
In 2011, Travel Guard's parent company, Chubb Corporation, announced the bankruptcy of Travel Guard's parent company, Chubb Limited (a wholly owned subsidiary of Chubb Corporation). The Travel Guard and TWA brand names were sold in 2012 to American Family Insurance Group.
Travel Guard is ranked 86 in the CompanyRank top 100 companies list.
About American Family Insurance Group: Founded in 1872, American Family Insurance has been providing property and casualty insurance for over 116 years. The company is headquartered in Phoenix with over 142 branches located throughout Arizona, California and Texas. It offers auto insurance products through AXL and motor club memberships through AAA Arizona and AAA Texas.
In January 2012, American Family announced its purchase of Travel Guard and AXL from Chubb Corporation in a deal worth $1.6 billion. The company also acquired the TWA airline network and airport security business from the bankrupt company on March 27, 2013 for approximately $500 million.
Travel Guard is ranked 150 in the CompanyRank top 100 companies list.
Interested in a high-quality weekend getaway at one of these popular resorts? Consider booking travel insurance through TravelGuard to protect your valuable investment!
**Primary research source: http://www.travelguard.com/about/our-company.aspx
Source: http://www.brianmccarthy.ca/blog/travel-insurance-101/
Travel Insurance 101: Four Common Travel Insurance Policies Explained
If you're planning any type of vacation, then a quality travel insurance policy is something that you should be considering before going anywhere. While most people have enough sense to know that they need to have travel insurance, there are a lot of misconceptions about what these types of policies actually offer and how much they cost. This guide will explain the different types of travel insurance policies available, the benefits they offer and perhaps most importantly, the costs associated with them all.
Travel Insurance 101: Four Common Travel Insurance Policies Explained
**Primary research source: http://www.brianmccarthy.ca/blog/travel-insurance-101/
What is Travel Insurance?
Without travel insurance, you may be left with a bill of more than $500,000 if you're injured or your belongings are stolen abroad. If your trip involves a lot of planning or traveling outside the country, getting travel insurance is crucial. Luckily for you and your wallet, there are many low-cost alternatives to expensive policies that offer similar coverage. Here are some tips on how to save money when buying travel insurance:
1) Shop around for plans. You can purchase travel insurance directly from an insurance company or through an insurance agent. Many online travel agencies also offer plans with coverage for airlines and rental cars. When shopping around, make sure you ask about all the conditions and exclusions for the policy.
**Primary research source: http://www.bankrate.com/finance/credit-cards/credit-card-travel-insurance.aspx
About Travel Guard International: TravelGuard Group, Inc. (Travel Guard) is an American travel insurance provider with headquarters located in Springfield, Missouri. Travel Guard sells travel insurance and travel security through distribution channels including corporate chains and independent agents in over 13 countries. The company also provides specialty programs (emergency medical and legal assistance), and corporate benefit programs to the business community.
In 1938, Travel Guard's predecessor began writing policy for Trans World Airlines (TWA). In 1952, TWA asked Travel Guard to cover the network of agencies that had been set up to sell TWA policies. The company agreed and began selling policies directly to agencies, which eventually led to developing products for the independent agent market. In 1994, Travel Guard became a subsidiary of Chubb Corporation.
In 2011, Travel Guard's parent company, Chubb Corporation, announced the bankruptcy of Travel Guard's parent company, Chubb Limited (a wholly owned subsidiary of Chubb Corporation). The Travel Guard and TWA brand names were sold in 2012 to American Family Insurance Group.
Travel Guard is ranked 86 in the CompanyRank top 100 companies list.
About American Family Insurance Group: Founded in 1872, American Family Insurance has been providing property and casualty insurance for over 116 years. The company is headquartered in Phoenix with over 142 branches located throughout Arizona, California and Texas. It offers auto insurance products through AXL and motor club memberships through AAA Arizona and AAA Texas.
In January 2012, American Family announced its purchase of Travel Guard and AXL from Chubb Corporation in a deal worth $1.6 billion.
Conclusion
Traveling abroad with a travel insurance policy will give you peace of mind that if anything happens, you won't be left without options. Although there are many different types of policies available, it's important to find a policy with the right coverage and the right price.
Be sure to check out these helpful tips on how to buy the best travel insurance policy for your needs and budget: http://www.bankrate.com/finance/credit-cards/credit-card-travel-insurance.aspx
What is Travel Insurance?
Without travel insurance, you may be left with a bill of more than $500,000 if you're injured or your belongings are stolen abroad.