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Annual Holiday Insurance Policy



Giordano stood to collect on $1.5 million insurance policy Washington Post (blog)

31.08.11

Gary Giordano , the Gaithersburg man appearing before a judge in Aruba Wednesday in connection with the disappearance of his traveling companion, stood to collect on her $1.5 million travel insurance policy, Aruban Solicitor General Taco Stein said.

In an email, Stein said Giordano “was the beneficiary in case of a mishap with” the companion, Robyn Gardner. “The amount was $1.5 million,” Stein wrote.

The Associated Press earlier reported the policy, citing a confidential source. This is the first time the Washington Post has been able to confirm details about the policy with Aruban authorities.

Giordano, 50, and Gardner, 35, of Frederick, arrived in Aruba July 31. She went missing two days later. Giordano told Aruban police the two had been snorkeling, and Gardner didn’t make it back to the shore. But police became skeptical of his story, and arrested Giordano on Aug. 5 at the airport as he was trying to leave.

Rescue workers have searched the waters and land but have found “no sign whatsoever” of Gardner, Stein said.

Source:

Choosing a Travel bInsurance Policy/b | Europe amp; Beyond

What to Consider When Looking for Travel Insurance

Okay, so perhaps it may not be one of the most exciting task on the holiday to-do list, but having a basic understanding of what you should be looking  for in a travel insurance policy will definitely be of benefit. Not only can it save you money but it also provides peace of mind knowing exactly what you’re covered and you’ll be able to relax on your trip without the burden of any unnecessary worries.

What will you be doing on Holiday?

The first dilemma you could face is deciding which policy is the right one for you. A great way to do this is to start by identifying’ your own needs. Think about where you’re going, what you’ll be doing and how long you’re going away for. This will give you some specific things to look for when searching policies to help you find the best travel insurance that will completely meet your needs. Single Trip and Annual Multi-Trip are the most common policy types, both providing a general level of cover for the average traveller. They provide cover for either a one-off trip, or multiple trips for frequent travellers. Specifics will vary depending on providers, so be sure to read up on your policy details if you’re opting for a general policy.

A specialist policy may be more suitable depending on your needs. A Winter Sports policy for example can specifically cover you in the event of zero snow and even cover the cost of a helicopter evacuation if you’ve had  a bad accident on the slopes. Those planning on taking a year out to do some travelling, could look into a Backpacking or Long Stay policy which will offer cover to those travelling for an extended period across multiple countries. It’s important to remember that what you may expect to be covered in your policy may not be – so ensure to read the small print in the policy and don’t make any assumptions about what your policy actually covers.

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Holiday Travel Insurance Over 70

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