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Travel insurance can help mitigate some unforeseen financial losses when a trip goes awry, from having to book an airport hotel following a flight cancellation or seeking medical care abroad ...
So if you're planning a trip, let this serve as yet another reason why you need travel insurance. ... Chances are, it won't be a global IT outage that causes your next flight delay or cancellation ...
With unpredictable weather and worker shortages, no airline is immune to widespread cancellations. Hundreds of thousands of travelers learned this the hard way recently, as they became stranded in ...
The policy term is the period that an insurance policy provides coverage. Many policies have a one-year term (365 days) but other terms both longer and shorter are used. Policy terms can be for any length of time and can be for a short period when the period of risk is also short or can be for multi-year periods.
Some of the causes of flight delays or cancellation include: Airline glitches. The top cause of flight delays, according to a USA Today analysis. [7] Congestion in air traffic [7] Earthquakes and tsunamis (e.g., in the event of 2004 Indian Ocean earthquake and tsunami, 2010 Chile earthquake, and the 2011 Tōhoku earthquake and tsunami) Fueling [8]
Travel insurance is an insurance product for covering unforeseen losses incurred while travelling, either internationally or domestically. Basic policies generally only cover emergency medical expenses while overseas, while comprehensive policies typically include coverage for trip cancellation, lost luggage , flight delays , public liability ...
The return of full flight schedules and packed airplanes after two years of COVID-19 restrictions has not exactly gone smoothly. Heavy demand from travelers, coupled with labor shortages in the...
Share of the Allianz Versicherungs-AG, issued 5 February 1890 An early Allianz agent's plaque. Allianz AG was founded in Munich in 1889, but started its activities in Berlin on 5 February 1890, by the then-director of the Munich Reinsurance Company Carl von Thieme (a native of Erfurt, whose father was the director of the Thuringia insurance company) and Wilhelm von Finck (co-owner of the Merck ...