Business Definition for: Travel Accident Insurance
a form of insurance coverage offered by some credit card companies when the whole or part of a travel arrangement is paid for with the card. In the event of death resulting from an accident in the course of travel, or the loss of eyesight or a limb, the credit card company will pay the cardholder (or his or her estate) a pre-stipulated sum.
AIG adds travel cover to D&O insurance NEW YORK-American International Group Inc. has enhanced its directors, officers and corporate liability insurance to include business travel accident coverage and travel assistance services. The endorse AIG adds travel cover to D&O insurance ...
DENVER-The next time you see one of those machines in an airport selling travel accident insurance and wonder whether it's worth buying, you might stop and think about Dr. Ronald Shemenski. The perilous rescue of the ailing doctor from the South Po DENVER-The next...
A new study refutes a common criticism of no-fault auto insurance--that it may increase the accident rate by reducing drivers' incentives to drive carefully. An analysis of accident trends in the United States between 1967 and 1989 found no statistically significant relationship between states' adoption of a no-fault system and...
American Express late last month was preparing to notify corporate cardholders that it has restricted travel accident insurance coverage, but raised the benefit to $350,000 from $200,000. Escalating insurance costs have forced American Express to reduce iAmerican Express late last month was preparing to notify corporate cardholders that it has...
OLDWICK, N.J. -- A.M. Best has commented that the ratings of Accident Fund Group Accident Fund (Lansing, MI) and its subsidiaries remain unchanged following the recent announcement that Accident Fund Insurance Company of America will be acquiring CWI Holdings, Inc. and it subsidiaries, which includes CompWest Insurance Company (San Francisco,...
This paper is on the pricing issue of aviation issue of reinsurance. Airlines are in the business of transporting passengers or freight from origin to destination as efficiently as possible. They do this with mixed financial success. However, they do it with remarkable physical success. The accident rate for airline...
Do you go on holiday more than twice a year? If so, you should consider taking out an annual travel insurance policy. Just one telephone call, and you could be covered for a whole year. You can then relax in the knowledge that you can take off wherever...
A Meadowbrook Insurance Group Inc. official said its new affiliation with Accident Fund Co. eventually might produce revenue upward of $150 million a year. Most local business-insurance agents agree that Accident Fund Co., the name of the Accident FunA Meadowbrook Insurance Group Inc. official said its...
GREENWICH, Conn. -- W. R. Berkley Corporation (NYSE: BER) today announced the formation of Berkley Accident and Health, LLC. Based in New Jersey, Berkley A&H will write accident and health insurance and reinsurance on behalf of W. R. Berkley Corporation's insurance company subsidiaries.
No-fault auto insurance, born in the 1960s, limits claimants' ability to seek compensation through the courts, most states has found it an unappealing alternative. Choice auto insurance, initially proposed in 1986, addresses this concern by allowing drivers to choose between a no-fault plan and a somewhat modified version of their...
NEW YORK -- MetLife, the largest U.S. life insurer and a leading provider of employee benefits, today announced the enhancement of its Travel Assistance offering by adding Identity Theft Solutions as a standard benefit. Offered in partnership with, and administered by, AXA Assistance USA, Inc. Travel Assistance is an optional...
BLUE BELL, Pa.--BUSINESS WIRE--Dec. 10, 1996--Unisys National Insurance Practice announced Tuesday that it has received a $1.9 million contract from the Accident Fund Company AFC, Lansing, Mich., to help make the Accident Fund's workers compensation application Year 2000-ready.
Colonial Supplemental Insurance of Columbia, S.C., is way ahead of the field when it comes to the field technology fast track. The newly named marketing brand for Colonial Life & Accident Insurance Co. and a branch of Unum Group, Colonial Supplemental has been using laptops for ...
LONDON AFP ? Martha Lane Fox, co-founder of Lastminute.com, one of the Internet's most durable travel start-up companies, was seriously wounded in a car accident while travelling in the south of Morrocco. According to The Daily Telegraph and the British agency Press Association, 30-year-old Lane Fox was wounded in...
You shop around for your life insurance, home contents insurance and car insurance, so it only makes sense that you should shop around for your mortgage insurance too. Protecting your mortgage repayments in case you should suffer illness or accident or unemployment is just another form of insurance and as...
In 1988 Connie Jean Givens Givens and Larry McElwaney McElwaney were involved in an automobile accident.1 Following the accident, Givens filed a lawsuit against McElwaney to recover damages for the injuries she sustained in the accident. McElwaney's automobile liability insurance carrier, Allstate Insurance Company Allstate, hired attorney Hal Nichols Nichols...
By Phusadee Arunmas, Bangkok Post, Thailand Knight Ridder/Tribune Business News Sep. 3--Fifty insurance companies will sign agreements today to join the government-backed Ua-Arthorn low-cost personal accident insurance programme. The policies, with premiums of 365 baht a year, are scheduled to...
ING Employee Benefits has introduced an accident insurance product for the work site in which individuals receive defined benefits for specified services and conditions resulting from a covered accident. Benefits are paid directly to insureds. Employ ING Employee Benefits has introduced an accident insurance product ...
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