Travel Insured Launches New Airline Ticket Protector

March 13, 2009

airline-ticketProduct News

Travel Insured International, responding to growing service and change fees connected with airline tickets, and increased focus on budgeting ticket costs for both family and business travel, has launched the new Airline Ticket Protector plan. Agents now have a plan that delivers cost-effective and comprehensive coverage to their clients for airline tickets. The product, available only by online purchase¬†, features a generous schedule of included and optional benefits. It has a mix of coverage upgraded from Travel Insured’s former Airline Ticket Protector with coverage newly available and not previously offered in this product.

The new plan puts the top level of available Trip Cost for Trip Cancellation at $3,500, much higher than the previous plan’s maximum $1,000 ticket cost coverage. Additionally, the new plan has a $500 Missed Connection, not included in the old plan, and a $500 Trip Delay benefit (with no daily limit), up from $100 Trip Delay limit in the old plan. A $1,000 benefit for Baggage & Personal Effects is a new Airline Ticket Protector inclusive feature, while Baggage Delay of $200 doubles the coverage limit found in our previous airline plan.

Air travelers can opt to purchase Flight Accident Insurance (up to $1 million), as well as combined Medical Protection ($50,000) and Emergency MedEvac ($250,000) with the Airline Ticket Protector. Cancel for Any Reason is a new option offered for an additional 50% premium. An optional new Collision Damage Waiver ($50,000) is available for $7 per day. Those who purchase Airline Ticket Protector within 14 days of their initial trip deposit, expanded from the 5-day purchase deadline in the earlier airline plan, can qualify for a waiver allowing coverage based on a Pre-Existing medical condition. All options in the plan must be selected and additional premium for options paid, on the Airline Ticket Protector application.

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