Insurance Info

Insurance is one of the best ways to protect yourself against the unexpected. Whether it be travel insurance, car insurance, home and contents, health insurance or something else, these policies can be taken out to help support you when there is a problem. For example, if you have a car accident and your vehicle is wrecked, your insurance will pay (after the excess) to cover the damage. By having thousands of people like yourself purchasing insurance, they can let you “split the costs” for the people who do run into trouble.

The majority of people who take out insurance never need it, but the money invested is a small price to pay for the peace of mind, knowing you will be protected should a problem arise. But for each type of insurance, there are a range of different covers, and certain clauses that you need to be made aware of. There’s no point taking out a policy and paying money each money if it doesn’t cover you for what you’re expecting. Continue reading ‘Trauma Cover Versus Life Insurance’ »

An oversees holiday is a time of great enjoyment and it seems a shame to think about the things that can go wrong, but just because you are in another country there is no reason to assume that you are less likely to fall foul of any of the dangers of everyday life. Theft, loss and medical emergencies are at least as likely to affect you when on holiday, and the experience will be even more traumatic if you are not covered and have to bear the full weight of any financial losses. Instead of seeing travel insurance as an unwelcome expense, remember that what you are paying for is the peace of mind that will allow you to relax and enjoy your holiday, without worrying how you will cope if something goes wrong. Travel insurance is a vital part of any overseas holiday, whether you are a fit young backpacker, an elderly traveller joining a group tour or a young family on a resort holiday.

If you are still not convinced, take a look at these reasons why you might need travel insurance.

1) Medical
Australian government statistics tell us that each year Australian Consulates deal with 900 deaths and 1200 cases of overseas travellers being hospitalised. Hospitals in South East Asia can cost up to $1000 per day and if the traveller has no insurance cover then they are likely to be wholly responsible for the cost. The same government statistics point to approximately 50 medical evacuations per year. When you consider that you might have to pay $100,000 to be evacuated from the USA, you can see how important it is to be insured. Continue reading ‘Why Travel Insurance Is Essential for an Overseas Trip’ »

What would happen to the money spent on a vacation for you and your family if you had a family emergency? I had to deal with that scenario when my grandmother passed away. I booked a vacation for my family to go to Orlando, Florida for six day. I booked the flight, rental car, and hotel with a very popular online company. The total cost of the trip was two thousand six hundred dollars. I was offered travel cover before I finalized my trip but I declined. I did not read the fine print about travel covers and how I would be protected if I was unable to take my family on vacation.

Once I found out my grandmother passed away, I called the company to change my reservations. I was able to change my hotel and rental car reservation with no problems. Unfortunately, I was unable to change my flights or get my money back. I was unable to get a credit for the flights to use in the future. I was instructed by the travel agent that if I would have purchased the travel insurance, I would be able to get my money back for the flight. My family was very disappointed and we had to delay our family vacation due to this mistake. Continue reading ‘Understanding the Travel Insurance Policy’ »

So, you’ve been working hard for the past few years, been saving up your hard earned dollars, and decided that it’s time you took a holiday. You’ve spent the past decade eyeing off Europe, Egypt, and Australia, somewhere or anywhere overseas. And hey, you know that you deserve a holiday, whether it is to explore somewhere new, to relax in a resort, or to backpack around, seeing as much of the world as you can. You’ve looked at hotels, airfares, train and bus fares; you’ve started planning your getaway from real life. Do you feel like you’re forgetting something, something important? Perhaps you are, have you considered the need for travel insurance?

Travel insurance is one of those extras costs that many people don’t want to pay. Travelling is expensive, the flights, hotels, the daily activities you may partake, and those little extra costs that you know will come up, an added cost on top for events that may not happen isn’t that important, could it? Continue reading ‘Figuring Out the Basics of Travel Insurance’ »

Why do you need travel insurance? The world is unpredictable, you would never know what would happen by the time that you went out of your door and begin to take you steps away. Much more, you would not know what would happen to you or to anything that you brought with once you begin to travel. No matter how carefully planned your trip is, common sense would simply dictate that it is impossible for anyone to foresee what is going to happen while you are on your destination, or when you are still on your way to your destination. And that unpredictability of the future is the first reason why you should get travel insurance for your trips. In order to make things more organized, it will be represented to you in a list once more. Continue reading ‘Travel Insurance – 20 Reasons to Get Travel Coverage’ »

Travelling is all about exploring new horizons of life. Some people travel to take a break from their 9×5 work schedules, some travel to acquire new business, some travel to visit their families and friends in distant lands, some travel to study abroad and some travel to find peace for their inner self. The reasons for travelling vary from person to person however the primary hope in every traveler remains same – A fulfilling and exciting journey. However, someone said it right: A Journey is like Marriage. The certain way to be wrong is to think that you control it! That’s when Travel insurance comes in your Travel plan. It actually gives you a complete peace of mind to be prepared for any unforeseen emergencies or uncontrolled circumstances like loss of baggage, personal accident, medical expenses, flight delays etc. And for Indian Travelers who else can serve better than the trust and reliability of Tata i.e. Tata AIG Travel Insurance Plan.

Tata AIG travel insurance offers varied plans tailor made to suit your needs and budget. Travelers going abroad can choose from Asia Guard insurance, Travel Guard insurance and Annual Multi Trip. Asia Guard insurance is best suited for travelers travelling to other Asian countries. Annual Multi Trip is suitable for travelers travelling overseas multiple times during a year. Continue reading ‘TATA AIG Travel Insurance Plans’ »