News Now

Consumer
Dont stress over travel insurance
CHICAGO (7/15/09)--With summer travel season in full swing, more vacationers are considering buying travel insurance as a way to relieve stress and gain some peace of mind. But ask questions first to know whether travel insurance is right for you. A recent survey from staffing firm Randstad U.S. reveals that more than 40% of respondents feel stressed when preparing to be away from work for vacation (suburbanchicagonews.com June 29). And following 9/11, more travelers worry about whether travel plans will go off without a hitch. Do your homework before purchasing travel insurance:
*Avoid redundancy. Check insurance policies, credit card agreements, automobile clubs, and other memberships for existing coverage. These may already provide adequate coverage for the trip. *Double check. Review reservations and purchase agreements to see what contingencies are already in place. Airlines, for example, must reimburse travelers up to $3,300 per passenger for lost baggage on domestic flights (airconsumer.dot.gov/publications/flyrights.htm). *Shop around. Look for coverage differences in competing policies. Read the fine print to understand exactly what is covered and how. For example, some emergency medical assistance policies provide for evacuation to a hospital of the policy holder’s discretion, while other policies provide for evacuation to the nearest hospital.
To compare travel insurance plans and coverage options, and obtain pricing, visit insuremytrip.com. For more information, listen to “Travel Fraud: Vacation Certificates & Vacation Clubs” in Home & Family Finance Resource Center.
Other Resources

RSS print
News Now LiveWire
September is National Preparedness Month. Read how your CU can get ready in #NewsNow #NPM @AgilityRecovery @Readygov
1 Day ago
Bay Area #creditunions featured in @SFBusinessTimes article http://t.co/SE7W81Ulia
1 Day ago
#NewsNow: 8 CU advisory board, new senior leaders named at @CFPB. http://t.co/EPKgHEDRRN
1 Day ago
#NewsNow: @FTC warns of government impostor scams. http://t.co/MMWBOcrqwJ
1 Day ago
Registration open for @CUNAMutualGroup's Discovery Conference #NewNow http://t.co/CATF0j9ct1
1 Day ago
150x172_Annual Report 2013Unite for Good Share your Stories100 Million CU Memberships