Posts Tagged ‘natural disaster insurance’

Hurricane and Typhoon Insurance

Friday, September 30th, 2011

A recent notice published on the US State Department’s website captured reader’s attention on the upcoming hurricane and typhoon season this year. While this effects many people around the world at their home, this can also cause delays, trip cancellation, or evacuation if you are traveling overseas.

Hurricanes is a violent, tropical storm on the North Atlantic with wind speeds of 72 miles per hour (or 32 meters per second). Typhoons are similar, although occuring on the western Pacific and China area. If you’ve never experienced a hurricane or typhoon, the strength of the storm can vary – and so can the damage. Whether you are inland, or on the coast, hurricanes and typhoons are unpredictable and projected paths can vary hour by hour. Along with these natural occurences, you can expect wind, flying debris, flooding, and tornadoes.

Hurricane season is from June until November in the Atlantic and typhoon season overlaps from May until November. If you will be traveling during this time period, it is important to think of an emergency plan. One of these steps may include an travel insurance plan which is designed to cover you in case of a hurricane and typhoon.

Our trip cancellation plan, for example, considers the fact the weather is unpredictable and that you need to be protected and out of danger. This hurricane and typhoon insurance will cover your trip costs in case you are unable to get to your final destination because the common carriers are down or if natural disaster at the site of your destination renders that destination uninhabitable.

But what if you are already in your destination and you need to evacuate?

There are other travel and medical insurance plans that will assist you as a covered benefit. Our Atlas Travel plan, a comprehensive health and travel insurance, provides coverage for natural disaster. In the event of natural disaster (including a hurricane, flood, tornado, tsunami, typhoon, etc.), the plan will cover up to $100 a day for 5 days if displaced from planned, paid accommodations due to evacuation from forecasted disaster or following a disaster strike.

 

 

Natural Disaster Trip Insurance

Friday, April 23rd, 2010

Recently, the worst disruption of European commerce since World War II was caused by an unexpected natural disaster, a volcano eruption in Iceland. Volcano Eyjafjjoell erupted for the second time in less than a month after being dormant since 1821. This time, the ash and smoke caused an international crisis that effected air travel in many parts of Europe. The International Air Transport Association reported that the ash made air travel unsafe and led to the cancellation of 100,000 flights and an estimated $1.7 billion loss to the airline industry.

Travelers found themselves unexpectedly stranded as days passed and air travel was grounded due to the natural disaster. Other travelers spent thousands of dollars on non-refundable tickets, accommodations and excursions for their pre-planned trips and at the final moment were unable to board a plane. When they requested a refund, some found that they were out of luck! The European Union offered some financial assistance for already-stranded travelers traveling in and out of the EU where if original flights were canceled they had a right to either a refund or to be re-routed.

This has many travelers considering what options they have to avoid this problem in the future. Natural disaster trip insurance is an important consideration when planning to travel abroad, especially if your expenses are non-refundable. Whether volcano, earthquake, tsunami, or other natural disaster strike, it is an important consideration. That is why trip cancellation has become extremely popular. For many, the RoundTrip Choice has become a popular option as you can add the cancel for any reason option which would allow you to cancel and receive reimbursement for your trip costs.

If you have any questions about the benefits, feel free to contact a licensed agent to provide additional assistance.