The exclusion for pre-existing conditions is a standard exclusion found in all travel insurance plans. The good news is that most travel insurance plans will offer what they call a “waiver of pre-existing” provided you meet the following conditions: you must buy the insurance within the required time period(usually 2 weeks) following your first trip…
Category: Good Question
Gary Giordano sues American Express for $3.5 million for policy benefits for Robyn Gardner presumed death
Last September I wrote in the blog about this case, Aruba Missing Girlfriend – beneath the story on Accidental Death Coverage!, and some of the insurance questions that were being raised at that time. You might recall the original news articles last fall when Gary Giordano was detained by Aruba police for questioning in her…
Five things every traveler should know about travel insurance!
Travel insurance is more than a luxury; it’s a necessity if one’s trip is to be successful. However, travel insurance is not a cookie-cutter arrangement where one size fits all. At QuoteWright.com, we recommend that travelers understand the following facts about travel insurance coverages: 1. Buy you insurance early in order to qualify for extra…
Moral Hazard?
What is a “moral hazard”? It is a term used in insurance circles that describes the subjective choices a person makes or could make because they have insurance. Wikipedia describes it as: In economic theory, moral hazard is a situation in which a party insulated from risk behaves differently from how it would behave if…
Aruba Missing Girlfriend – beneath the story on Accidental Death Coverage!
You probably have been reading about the guy being held in Aruba on the suspicion of murder because of the presumed death of his girlfriend several weeks ago. One of the things that came to light early in the investigation is that he was the sole beneficiary on a $1,500,000 Accidental Death and Dismemberment policy. …