Is flight accident insurance really life insurance? From time to time that question comes up. Usually it comes from a traveler who is not in the insurance business and who makes the assumption that because the flight accident insurance pays a benefit based on the death of the insured that it’s a form of Life…
Month: April 2008
Aircraft Inspections and Travel Insurance
Flight delays and cancellations are in the news right now because of the safety inspections that are being required by the FAA. Questions are being raised as to whether or not there is coverage under travel insurance policies for trips that are being affected. It really depends on the company and plan that a person…
Thank you Mr. Batterson!
A special thanks to J. G. Batterson, founder of The Travelers Insurance Company, for introducing travel insurance into the United States 144 years ago today! On April 1, 1864, Mr. Batterson with several other prominent Hartford, CT businessmen established The Travelers Insurance Company with the stated purpose to insure people while traveling, hence the name…