Average cost of travel insurance

Next time you’re booking travel, it may be tempting to skip purchasing a travel insurance policy to cut corners and save some money. But saving a little now could actually end up costing you more later — if you lose your baggage, need to cancel your trip, or encounter unexpected medical costs while traveling.

According to Bankrate’s 2022 Travel Woes survey, “79% of travelers who have taken an overnight trip outside their local area this year experienced at least one travel-related issue.” Having travel insurance in place can keep these minor issues from turning into major, trip-ruining disasters.

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Travel insurance key statistics

Average cost of travel insurance

$103, basic coverage (Travel Agent Central)

Average cost of a comprehensive policy

57% more than basic coverage (Travel Agent Central)

Travel insurance costs as a percentage of trip cost

4%–8% (Travel Agent Central)

Percentage of travelers that have filed a claim

17%,

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Why Blue Cross is investing in making wishes come true



Why Blue Cross is investing in making wishes come true | Insurance Business Canada














Plus, why travel insurance is more important than ever

Why Blue Cross is investing in making wishes come true

InsuranceNews

By Gia Snape

Blue Cross of Canada (Blue Cross) is on a mission to insure wishes. Through its historic pledge to Make-A-Wish Canada, the insurer is granting comprehensive travel insurance to children and families, helping fulfill more than 6,000 new wishes over the next five years.

“The commitment allows us to expand our impact, and grant over 30,000 travel wishes to over 130,000 wish kids and their families in total by 2027,” said Tim Bishop (pictured), managing director, Blue Cross of Canada. “And we’re just getting started!”

How did the partnership come about?

Blue Cross is a long-time supporter of Make-A-Wish Canada. Since 1989, the two have fulfilled more than 25,000 travel wishes, providing travel

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Can you get compensation if your flight is delayed? Not always.

Welcome to Cruising Altitude, a new column at USA TODAY focusing on travel trends.

While reporting on United Airlines’ recent operational struggles, one person I spoke to told me he looked at the Department of Transportation dashboard and found that the airline wasn’t following its own delay and cancellation policies.

On its face, that seemed true: United was offering travelers extra flexibility to rebook their tickets at no extra cost, but none of the stuck passengers I spoke to said anything about being offered hotel or meal vouchers.

Here’s the thing though: The source who was looking at the dashboard didn’t quite have it right.

United Airlines is committed to rebooking passengers on United or other partner airlines at no additional cost and to provide hotel and meal vouchers and ground transportation in the event of significant controllable delays or cancellations, but the disruptions last week were considered out of

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IMG Partners with MAGNUS Search & Rescue to Offer Travel Medical Insurance

INDIANAPOLIS, June 29, 2023 /CNW/ — International Medical Group® (IMG®), an award-winning global insurance benefits and assistance services company, has announced a new partnership with MAGNUS International Search & Rescue, a comprehensive emergency management and global on-ground search and rescue service provider based in Israel.

With more than 30 years of experience serving global travelers, MAGNUS will now offer IMG travel medical insurance plans to travelers, exchange students, and global citizens along with a MAGNUS search and rescue membership. IMG insurance plans will allow MAGNUS customers to have proper medical coverage in the event of an illness or injury while traveling outside their country of residence.

“Global instability is a growing concern for travelers around the world, and with many apprehensive about their safety abroad, they feel the need to take preventive measures when planning their trip,” said Or Lev, MAGNUS Chief Executive Officer. “MAGNUS

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Travel Insurance Advisory: Hurricane Season 2023

TravelInsurance.com provides tips for how travelers can protect their trip costs during the summer hurricane season

NEW YORK, June 20, 2023 /PRNewswire/ — Hurricane season is underway and just off the Gulf of Mexico, Tropical Storm Arlene has become the first named storm of the season. With the summer travel season picking up across the country, TravelInsurance.com is taking the time to remind travelers the importance of protecting their trip costs.

The hurricane season lasts from June 1 to November 30, and while the National Oceanic Atmospheric Administration (NOAA) forecasters are predicting a “near-normal” hurricane season in the Atlantic, they still estimate 12 to 17 total named storms with winds of 39 mph or higher, including 1 to 4 major hurricanes with winds of 111 mph or higher.

While there is no doubt the possibility of hurricanes are disconcerting, it is hard to predict when and where they will hit,

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This 2-Second Travel Mistake Cost Me Hundreds of Dollars

It’s every traveler’s nightmare. You’re standing in line for immigration after a flight as you head out or return from a trip. You check for your passport. It isn’t there. Trying not to panic, you check your pockets. You empty your bag. Still no passport. After much searching, you realize you must have left it on the plane.

It takes two seconds to check around your seat before you get off an airplane. Look in the back pocket of the seat in front of you, and see if there’s anything on the floor. It’s all too easy to drop your wallet, passport, or other travel documents during the flight. And, as I discovered the hard way, that quick check can save you a lot of time and money.

What to do if your passport is lost or stolen

There are many ways you can lose your passport while traveling. If,

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She had travel insurance but injured BC woman still left with a $50K bill

A BC woman is suing an insurance company after she was handed a massive medical bill following her vacation last year.

According to the lawsuit, Chuan Chao was in Texas when he tripped and fell on a sidewalk. The retiree from Surrey was left with severe injuries when he fractured his femur and required surgery in a Houston hospital.

Unlike some other travel horror stories, Chao was prepared for the worst-case outcome and had purchased medical insurance ahead of her trip. She bought it for coverage for her trip through the Pacific Blue Cross and was covered from June 4 to July 2, when she was set to return home.

However, after her surgery, she could not walk and was advised by an orthopedic surgeon that, as a result, “she could not travel.”

Not only that, while she was released from the hospital two days after being injured, she also

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Travel Insurance for a Singapore Vacation (2023)

As of February 2023, Singapore has eased up on COVID-19-related travel insurance requirements. Visitors are no longer required to obtain travel insurance before entering the country, but the government still highly recommends it.

In case things go wrong, having travel insurance coverage can provide an added layer of security. A comprehensive travel insurance plan may cover emergency medical expenses and assistance, lost or delayed baggage, unexpected trip cancellations and flight delays.

Singapore is known for outdoor adventure activities like kayaking, scuba diving and hiking — and travel insurance can offer peace of mind when you’re exploring the great outdoors. Most plans include emergency medical coverage if you sustain injuries while traveling, and some policies offer protection for sporting gear.

But every traveler is unique and will require different coverage. Whether you’re an adventure aficionado or a business traveler, there’s an insurance plan that’s right for you. Here are the most

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Canadians embrace travel insurance as essential in the post-pandemic era



Canadians embrace travel insurance as essential in the post-pandemic era | Insurance Business Canada















“The pandemic exposed the unpredictability of travel”

Canadians embrace travel insurance as essential in the post-pandemic era

InsuranceNews

By Mika Pangilinan

As travel resumes in the post-pandemic era, one thing has become clear: travel insurance is no longer a luxury but a necessity.

According to the Allianz survey, a striking 89% of Canadians with plans to travel revealed that they intend to be covered by travel insurance for their next trip.

Plus, 74% said having travel insurance is equally or more important post-pandemic. Among them, 32% said it is more crucial than before the pandemic.

Six out of 10 Canadian travelers also revealed that they are still worried about the possibility of COVID-19 affecting their travel plans, with the highest level of concern found among travelers aged 55 and above.

Even then, many revealed that

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Where are your summer adventures going to take you?

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Eileen Ogintz, Tribune Content Agency

Are you ready? Memorial Day weekend traditionally kicks off the summer vacation season. And, boy, do we all need one.

Yes, the economy is uncertain; gas prices continue to fluctuate and air travel delays add to travel stress, but AAA reports that 42.3 million Americans are expected to travel for Memorial Day. Just remember you can keep to your budget by opting for free experiences. There are festivals galore, hundreds of national and state parks and just in Colorado, the Seven National Wildlife Refuges are free and open to the public for spotting everything from moose to bald eagles. Most museums have free nights. The newly expanded Denver Art Museum is always free for kids up to age 18.

People are also reading…

According to the new Travel Sentiment Report from Longwoods International, 79 percent of American travelers

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