Travelers sometimes get confused about some archaic language found in travel insurance policies that exclude coverage for “inherent vice”. What does it mean? “Inherent Vice” is a term found in most property policies and is meant to describe property that inherently deteriorates or destroys itself. An example would be any type of personal property (baggage…
Category: Travel Insurance Insights
“Named Event” Clause in travel insurance?
This morning I read an article in the Hartford Courant that says that travel insurance policies contain a “named event” clause. The article goes on to say that because of this clause that if you buy a policy after a tropical storm is named there will be no coverage within the policy. Unfortunately this isn’t…
UK and the Terror Plot – Does coverage apply?
Unless you haven’t had the television on today than you probably have heard about the fine job that British security did in thwarting a terrorist plot to blow up USA bound planes from England. As a result the terror level has been raised for flights between the two countries and new rules have been effected…
“If you were buying travel insurance for your daughter which one would you choose?”
I get asked this question all the time. And just this past month I actually did buy some travel insurance for my daughter as well as for my whole family. The following is a short checklist of the thought process I used in determining what plan I would choose: What are my concerns? What is…
Hurricane Season Guarantees More Options to Consider
With hurricane season officially upon us and last year’s record breaking season still fresh in everyone’s memory some travel suppliers are promoting their vacation guarantees to help take the worry out of traveling during the peak season. One quote in the article caught my attention: Quote: “But you’ll need to read the fine print, notes…