“Guaranteed departure” — worthwhile vacation protection
We in the travel industry are often guilty of using jargon. Even the best travel brochures can be full of terms that may not make sense to the average consumer. A good travel agent or tour operator can and should explain them to you. Here’s a look at “guaranteed departure.”
So you’re a travel theft victim — now what?
Your hotel room has been burglarized. What now? Sometimes, no matter what you do or how careful and observant you are, you may become a travel theft victim. Ned Levi knows, because it’s happened to him.
AIG’s impact on the travel industry
These last days have been wild on Wall Street. One of the companies front and center in the news has been the insurance giant AIG. The US government has come to its rescue with an $85 billion loan and sucked up 80 percent of its stock as collateral. AIG has significant assets that will have an impact the travel industry. We take a look at them.
After Wall Street meltdown, is it time to rethink travel insurance?
If you have to cancel an expensive trip at the last minute, you’ll be glad you have travel insurance. But what if the insurance is no good? After Wall Street’s recent meltdown, that’s a question worth asking.
Here’s the scoop on travel insurance
Before Sept. 11, about one in 10 Americans insured their vacations. Now, about one-third of all trips are insured, and the industry rakes in about $1 billion in annual revenues. It may be a good time to be in the travel insurance business, but is it a good time to buy travel insurance? Christopher Elliott gives the lowdown.