AXA introduces new travel insurance option
26th May 2008
By Staff Writer
The new optional extension costs an additional GBP10 for annual European cover. It covers travelers for a number of areas such as problems with flight cancellations or delays, missed connections or the customer being denied boarding.
With a package holiday, the tour operator or travel agent is legally required to make suitable alternative arrangements for such eventualities, but the independent traveler must make and pay for their own arrangements.
Edward Dutton, personal insurance director at AXA, said: "We believe that the rise of the Independent Traveler is something that all insurers should be addressing - as the Ombudsman pointed out in his ... read more ...
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Knew A Bit About Insurances
Any risk that can be quantified can potentially be insured. Specific kinds of risk that may give rise to claims are known as "perils". An insurance policy will set out in detail which perils are covered by the policy and which are not.
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Types of Insurances
Life and annuity Insurance
Health Coverages
Disability Coverages
Property and Casuality Coverages
Liability Coverages
Credit Coverages
Other Types of Coverages
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