Flight insurance has been around for a long time. As a matter of fact the first person to be insured by one was President Woodrow Wilson when he insured a flight on May 6, 1919 with The Travelers Insurance Company. It’s been the basis for some critical studies in the 1950’s on pricing and expenses…
Setting the record Straight on Discount Travel Insurance
Recently a “new” travel insurance web site was launched that promises discounted travel insurance with savings of up to 25% for coverages similar to those offered by other companies because they have eliminated the middle man and they are able to pass on the savings to the public. They actually show examples of plans that…
Ever wonder where Trip Cancellation coverage came from?
Trip cancellation coverage had it’s origins in the late 1960’s with a coverage called “Air Fare Refunder” coverage. Originally, the “Air Fare Refunder” coverage only provided protection for loss of air fare paid to go on a group or chartered flight. The coverage was limited to only cancellations or interruptions due to a sickness or…
Flight Delays and Missed Cruises
From time to time the question comes up about flight delays that cause a traveler to miss a cruise departure. Many travelers that I’ve spoken to have indicated to me that if they book their flight through the cruise line that the cruise line will take care of them. Unfortunately, that appears to be wrong.…
Terrorism and Travel Insurance: Is it covered?
Is terrorism covered under travel insurance policies? The answer is both yes and no. It depends on the type of travel insurance and more specifically on the sub-category of coverage found in the policy.