EAST HARTFORD, Conn. -- Travel Insured International upgraded its
Comprehensive insurance plan to add an airline ticket benefit,
whereby the entire cost of a nonrefundable ticket is covered --
rather than just the typical $100 change fee -- if a customer's
trip is canceled.
The aim is to provide coverage when ground and air arrangements
are purchased separately, said company president Peter Gehris. The
client must buy sufficient insurance to cover the value of all
nonrefundable trip components.
In addition, the insurer's terrorism benefit now covers
incidents in the U.S. as well as abroad. Terrorism coverage, a
preexisting-conditions waiver and bankruptcy and default benefits
apply if clients buy insurance within 10 days of deposit. That
timeframe previously was described as seven business days, which
confused customers, Gehris said.
Travel Insured also enhanced its groups programs so tour
organizers can offer participants the same coverage for terrorism,
preexisting conditions and bankruptcy and default.
Previously, the group programs did not even offer bankruptcy and
default protection. Also, the preexisting-conditions waiver was
available only if coverage was purchased on the day the initial
deposit was made. Now, tour members also have 10 days to buy their
insurance.
The company also added an option in its plans for an increased
medical-expense benefit of $25,000 per person (from $10,000 in the
basic plan) and an increased medical evacuation/repatriation
benefit of $100,000 (from $50,000). This option is not part of the
group plans.
To contact Nadine Godwin, send e-mail to [email protected].