Travel Insurance - for when you least expect it!
Travel Insurance - for when you least expect it!
It's never easy to sell intangible products. As clients we are often unable to grasp the importance of the product, whether it's optional coverage on their home insurance policy or a travel insurance package, unless we've experienced the benefits first-hand. So how do I, as an insurance broker demonstrate these 'intangibles' to you?
"Take, for example, the case of a 55 year old Travel Underwriters claimant from Lynton, Alberta. While working at his winter home in Mesa, Arizona, he amputated three fingers with a band saw and required immediate emergency medical attention. He was rushed by ambulance to the local Valley Lutheran Hospital, where medical staff performed surgery to reattach his fingers.
His travel insurance plan covered the cost of surgery, his three-day stay in the hospital afterward, as well as the ambulance service and necessary prescriptions upon release. Not only were the medical expenses covered, his Travel Underwriters insurance policy also covered the $1,600 return of his vehicle by a commercial agency to Canada, since he was unable to drive back. The total claim amount was in excess of $39,000 USD, with only $400 CAD being covered by his government health insurance."
I just heard today about a $350,000 Euro claim for a business client who went to Greece, had 2 strokes which were related to Leukemia. He was in hospital for 4 month and had to be flown home by private jet.
For the low cost of coverage (unless provided for in your group health/dental plan), it make a whole heap of sense to get travel insurance prior to your next trip.
Travel Insurance for when you least expect it - To learn more about this author, visit Claudio Cipriani's Website.
Like this article? Share it with your friends
Travel insurance is a coverage that i have always found to be undervalued. We think about it when going on vacation, but there are so many other applications that we tend to forget about. My marketing rep from Travel Underwriters sent me a great little story about a claim made to a Canadian while on vacation that I wish to share with you.
It's never easy to sell intangible products. As clients we are often unable to grasp the importance of the product, whether it's optional coverage on their home insurance policy or a travel insurance package, unless we've experienced the benefits first-hand. So how do I, as an insurance broker demonstrate these 'intangibles' to you?
"Take, for example, the case of a 55 year old Travel Underwriters claimant from Lynton, Alberta. While working at his winter home in Mesa, Arizona, he amputated three fingers with a band saw and required immediate emergency medical attention. He was rushed by ambulance to the local Valley Lutheran Hospital, where medical staff performed surgery to reattach his fingers.
His travel insurance plan covered the cost of surgery, his three-day stay in the hospital afterward, as well as the ambulance service and necessary prescriptions upon release. Not only were the medical expenses covered, his Travel Underwriters insurance policy also covered the $1,600 return of his vehicle by a commercial agency to Canada, since he was unable to drive back. The total claim amount was in excess of $39,000 USD, with only $400 CAD being covered by his government health insurance."
I just heard today about a $350,000 Euro claim for a business client who went to Greece, had 2 strokes which were related to Leukemia. He was in hospital for 4 month and had to be flown home by private jet.
For the low cost of coverage (unless provided for in your group health/dental plan), it make a whole heap of sense to get travel insurance prior to your next trip.
Travel Insurance for when you least expect it - To learn more about this author, visit Claudio Cipriani's Website.
Like this article? Share it with your friends
 | |
 |
No article feedback found. |
| |
Leave Your Feedback |
 | |
| |||
|
To learn more about the Evan Elite Author Program please contact us. |
 | |
|  |
Subscribe to Claudio's articles
 | |
|
|  |
 | |
|
| |
 | |||||||
|
 | ||
 |
||
 |
||
 |
||
|
| ||
 |
| Have you written articles that would be of value to entrepreneurs? Become an expert on our site by publishing them! Expose yourself to a wide audience, drive more traffic to your website and get more sales! Click Here for details. |
|
|
 |
| Modeling the Masters: Learn the true secrets behind Walt Disney's business success factors & grow your company! Video produced by Phanta Media |
|
|
 |
"Learn straight from Evan how you can Make a Full Time Income (And More) from a Website"
Click Here To Learn More |
|
|
|
|
Get advice & tips from famous business owners, new articles by entrepreneur experts, my latest website updates, & special sneak peaks at what's to come!
|
|
|
 Cash Flow Forecast Samples 5 Step Action Plan Business Plan Sample Accessing Capital Romance to the Dance |
|
 | ||
 |
Email The Reporters
Press Release Builder | |
 |
The Top 10 ProBlogger Posts
Best Posts for Bloggers | |
| ||
 | ||||
| ||||
|
| ||||
| ||||
|
|
|
|
|
||||||||||||
|
Email us your ideas on how to make our website more valuable! Thank you Sharon from Toronto Salsa Lessons / Classes for your suggestions to make the newsletter look like the website and profile younger entrepreneurs like Jennifer Lopez and Sean Combs!
|
|
|
| ||||||||||||
| ||||||||||||
|
|
||||||||||||