ESSENTIAL READING FOR TRAVEL INSURANCE INDUSTRY PROFESSIONALS

General news

Medical clauses criticised

BP monitorUK consumer publication Which? Travel has investigated claims made by some of its members that insurance companies are changing their conditions of coverage mid-term when there is a change in the health of the customer.

Carnival covers Concordia claims

 

Costa Concordia lies stricken (AP Photos)On Friday 13 January, the 4,000-passenger Costa Concordia cruise liner crashed into shallow rocks off the small Italian island of Giglio, ripping a hole in her hull and causing her to list violently before capsizing. Mandy Aitchison reports

 

Kiwis exposed

NZ passportNew Zealand-based Southern Cross Travel Insurance (SCTI) has found that a significant number of Kiwi travellers are not obtaining travel cover for their trip, with many choosing to visit Australia without the necessary insurance.

Troublesome tourists

big benThe UK’s Foreign and Commonwealth Office (FCO) has released statistics of the different ways in which it stepped in to assist travellers over the course of 2011, which makes for interesting reading. Mandy Aitchison has the details

FrontierMEDEX bought by UnitedHealth Group

handshakeTim Mitchell, chief executive officer of FrontierMEDEX, has announced that the company has been acquired by UnitedHealth Group.

Pre-ex cover examined

Heart monitorThe UK consumer organisation Which? has recently analysed the travel insurance policies available to consumers to find the best rates for travellers with a specific pre-existing medical condition. Mandy Aitchison has the details of the results

FCO ski insurance warning

Woman crashed snowboardingNew research from the UK’s Foreign and Commonwealth Office (FCO) shows that one in five winter sports travellers are not taking out insurance, and the costs of an accident on the slopes can be huge. Mandy Aitchison reports

Single-trip policies lack ski cover

man skiingNew research from UK-based research company Defaqto has found that 13 per cent of single-trip travel insurance policies surveyed do not offer any type of cover for winter sports, while any coverage that is provided varies wildly between such products. Mandy Aitchison has the details of the survey

NZ Ombudsman backs travellers

rejectedRecent cases judged by the New Zealand Insurance Ombudsman have shown that it is critical of travel insurers being too keen on rejecting claims on the basis on non-declaration of pre-existing conditions. Mandy Aitchison reports

US visa at a price

Visa and passportA Bill that would grant foreign nationals a US visa in return for investing $500,000 in residential real estate has been introduced into the Senate as a means to pump up tourism and help rescue the foundering American housing market. Milan Korcok looks at the potential consequences for travel insurers