The first National Travel Insurance Claims Day was observed in 2019 by Aon Travel Practise, an American travel insurance company. Have you ever pondered the advantages of travel insurance?
National Travel Insurance Claims Day is observed on May 14 in honour of those in the travel insurance industry responsible for processing claims. Today, it is inconceivable to travel without insurance. Additionally, it is prudent to have one if you are travelling internationally or for an extended period of time. Travel insurance claims are as diverse as the specialists who handle them. Professionals in the insurance industry assist millions of travellers before, during, and after their travels. National Travel Insurance Claims Day is observed in remembrance of those whose efforts make travel safe and worry-free.
The first National Travel Insurance Claims Day was observed in 2019 by Aon Travel Practise, an American travel insurance company. Have you ever pondered the advantages of travel insurance? Travel insurance is designed to provide you with maximal protection against a variety of travel mishaps, including trip cancellation, trip interruption, travel delay, emergency medical assistance, evacuation, baggage loss and damage, theft, and delay of travel belongings. This is especially useful for those who are travelling abroad for an extended period of time or who must utilise multiple modes of transportation during their journey.
Travel insurance has existed in some form for nearly 150 years, but its popularity has increased significantly over the past 50 years or so. It has changed over the years with the introduction of various new types of travel insurance coverage that protect travellers against illnesses, trip cancellation, abduction, and other potential travel hazards.
In 1864, James Batterson was the owner and operator of the first travel insurance agency. Historically, travel insurance was utilised almost exclusively by the upper and upper-middle classes. Batterson’s travel insurance company covered all travel-related expenses, including larceny and other unforeseen occurrences. The addition of health insurance coverage to travel insurance policies in the 20th century was quickly adopted by customers. However, modern travel insurance also compensates for losses incurred as a result of missed hotel reservations, cancelled flights, and other unforeseen travel mishaps. This made travel insurance a necessity for many international business travellers and vacationers. As air travel grew in popularity, so did the demand for travel insurance. Moreover, an expansion of travel insurance benefits is anticipated within the next decade.
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Travel insurance policies can cover accidents and other issues related to adventure sports, such as bungee leaping, paragliding, and ziplining.
It is not uncommon for passengers to retrieve bags that have been handled by stray animals.
There are three categories of travel insurance: trip investment, personal health, and personal possessions.
People can file claims for nibble bites and maulings on their travel insurance.
Travel insurance for pets covers costs associated with the death, injury, or loss of pets.
| Year | Date | Day |
|---|---|---|
| 2023 | May 14 | Sunday |
| 2024 | May 14 | Tuesday |
| 2025 | May 14 | Wednesday |
| 2026 | May 14 | Thursday |
| 2027 | May 14 | Friday |
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