Starr Insurance Companies issues travel insurance advisory

Starr Insurance | August 07, 2019

With news of tourists getting sick and dying in the Dominican Republic making the rounds once again, Starr Insurance Companies has issued an advisory for travelers looking to secure insurance for their trip. “Check-the-box” travel insurance is typically offered whenever a traveler has booked a trip, but there is more to the coverage than that convenience. Michael Grossman, director of leisure travel sales & distribution at Starr Companies, has advised that travelers should be mindful of what sort of coverage they are purchasing, and what the travel policy covers. Grossman lists several questions that travelers must ask before purchasing any sort of travel insurance: What is at risk? The answer varies depending on whether the traveler is going on a domestic or international trip. The average domestic trip costs about $2,500 per person, while it costs $4,500 for international travel. “That’s what you stand to lose, should you have to cancel a trip, say, for a medical reason – the most common cause of a trip cancellation,” Grossman remarked.

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The 2017 Atlantic hurricane season is already one of the most devastating in history. In late August, Harvey struck at the heart of Houston, Texas, and dropped 51.88 inches of rainfall in Texas, the highest rainfall total to date for any Atlantic tropical cyclone in the United States and the fifth highest rainfall total for a tropical cyclone in the Atlantic basin. Irma followed closely on Harvey’s heels in early September. Irma clocked the strongest wind speed of any hurricane to form in the Atlantic in more than a decade, wreaked havoc in the Caribbean, the Florida Keys, and up the Florida peninsula. Storm surge affected many areas in the southeastern United States including Jacksonville, Savannah, and portions of South Carolina. Jose brought tropical storm winds to lower New England and high surf along much of the Atlantic. Maria hammered Puerto Rico, the Caribbean, and headed westward. These storms have already caused loss of life, destruction, and dislocation on a massive scale.

Spotlight

The 2017 Atlantic hurricane season is already one of the most devastating in history. In late August, Harvey struck at the heart of Houston, Texas, and dropped 51.88 inches of rainfall in Texas, the highest rainfall total to date for any Atlantic tropical cyclone in the United States and the fifth highest rainfall total for a tropical cyclone in the Atlantic basin. Irma followed closely on Harvey’s heels in early September. Irma clocked the strongest wind speed of any hurricane to form in the Atlantic in more than a decade, wreaked havoc in the Caribbean, the Florida Keys, and up the Florida peninsula. Storm surge affected many areas in the southeastern United States including Jacksonville, Savannah, and portions of South Carolina. Jose brought tropical storm winds to lower New England and high surf along much of the Atlantic. Maria hammered Puerto Rico, the Caribbean, and headed westward. These storms have already caused loss of life, destruction, and dislocation on a massive scale.

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Guidewire | June 10, 2021

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Apollo Insurance Solutions Ltd | September 15, 2021

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