Travel Insurance Concerns 2
November 27th, 2008Posted in Guide
Image Source: chinareview.com
In case any of these third party suppliers like coach lines, tour operators, car rental companies, accomodation providers and others, go into liquidation, clients may have some problems because financial bonds are not mandatory for them unless they provide Dynamic Packaging Coverage on their travel insurance policy. Because of the increasing occurrences of natural disasters,it is crucial that travelers are covered for events caused by “force majeure” (an act of God). A lot of travel insurance plans do not cover this kind of event otherwise known as – Catastrophe Cover – which permits the client to transfer to another resort or vacation location or get a flight back home if the trip is impossible to be continued in times of natural disasters. It is wise for customers to make sure that their travel insurance plans includes Missed Departure in case delays happen with their outbound flights.
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