Double-Digit Unemployment Validates Travel Insured’s 1-Year Job Loss Coverage
(PRWEB) November 18, 2009 -- The U.S. unemployment figure of 10.2% announced for October by the Labor Department, while disappointing for those seeking full economic recovery sooner and not later, is the latest validation that Travel Insured International (www.travelinsured.com) continues to empower consumers to continue making their travel plans while protecting themselves financially in the soft economy.
The 1-Year Job Loss coverage protects the insured traveler as a covered reason for Trip Cancellation whether that person or his or her traveling companion is terminated or laid off from a job subject to one year of continuous employment at the place of employment where the termination occurred. This protection allows travelers, without fear of involuntarily losing employment between booking and departure, to take advantage of deep travel discounts to many dream destinations that may not be as affordable once economic recovery and new job creation have taken hold.
Travel Insured’s 1-Year Job Loss Protection is now an included coverage, requiring no purchase of an optional upgrade, in all four Worldwide Trip Protector plans. The four plans are Worldwide Trip Protector Gold for the most comprehensive benefits and highest benefit limits; Worldwide Trip Protector for comprehensive coverage with lesser benefit limits, but also lower premiums than WTP Gold; Worldwide Trip Protector Lite for essential, family-friendly coverage at the most affordable premiums, or Worldwide Trip Protector Lite Expanded for a cost-saving plan with several value-added benefits including School Day Extension and Missed Connection coverage.
Cancel for Work Reasons
Travelers concerned about job conflicts and responsibilities as a separate concern from job security will be reassured by Travel Insured’s “Cancel for Work Reasons” coverage, which is as an included benefit in the Worldwide Trip Protector Gold plan. Cancel for Work Reasons can also be purchased within 14 days of initial trip deposit as an affordable option in the three other Worldwide Trip Protector plans.
Cancel for Work Reasons means that the insured is covered for up to the full cost of their trip under Trip Cancellation coverage if the insured or his or her traveling companion is:
* required to work in conflict with their pre-scheduled trip date for a reason documented by their employer.
* is directly involved as an employee in their employer’s company merger or acquisition.
* has their job transferred by their employer necessitating a relocation of their primary residence.
Whether worried about the duties involved in keeping their job, or concerned about the financial impact if they lose it, travelers have more reason than ever to hold on to their travel plans, make their bookings, and be confident with Travel Insured’s Worldwide Trip Protector coverage that a disruptive job loss or conflict prior to departure can still result in a full, budget-saving trip reimbursement!
About Travel Insured International
Travel Insured delivers comprehensive travel protection benefits ranging from trip cancellation and trip interruption to emergency assistance and Medevac insurance, travel accident and sickness medical expense, accidental death and dismemberment, missed connection and baggage delay or loss.
The company's travel insurance plans include its comprehensive Worldwide Trip Protector, the most popular travel protection plan (http://www.travelinsured.com/Travel-Insurance/TravelPlan.aspx?plan=333) and Worldwide Trip Protector Gold (http://www.travelinsured.com/Travel-Insurance/TravelPlan.aspx?plan=334), an enhanced travel insurance plan designed to protect luxury vacations and business trips. Travel Insured also offers two travel insurance plans designed to provide basic yet flexible protection for families and budget conscious travelers, its Worldwide Trip Protector Lite insurance plan and Worldwide Trip Protector Lite Expanded insurance plan. Finally they offer an Airline Ticket Protector plan as well as a complete offering of Group Travel Insurance plans including Student Group insurance plans.
Visit Travel Insured's web site at www.travelinsured.com or speak to a friendly, knowledgeable Travel Insured customer care professional at 1-800-243-3174.
Travel Insured International, based in East Hartford, Connecticut, was founded in 1993 by the foresight of insurance industry executive Peter Gehris when he acquired the travel protection division of the Travelers Insurance Company. Coverage is underwritten by Arch Insurance Company (a Missouri corporation, NAIC #11150) with executive offices located in Jersey City, NJ. Not all insurance products or coverage is available in all jurisdictions. Coverage is subject to actual policy language.
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