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National Travel Insurance Claims Day 2023: Date, History and Facts

Today, it is inconceivable to travel without insurance. Additionally, it is prudent to have one if you are travelling internationally or for an extended period of time. Travel insurance claims are as diverse as the specialists who handle them.

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National Travel Insurance Claims Day 2023: Date, History and Facts

National Travel Insurance Claims Day 2023: National Travel Insurance Claims Day is observed on May 14 in honour of those in the travel insurance industry responsible for processing claims. Today, it is inconceivable to travel without insurance. Additionally, it is prudent to have one if you are travelling internationally or for an extended period of time. Travel insurance claims are as diverse as the specialists who handle them. Professionals in the insurance industry assist millions of travellers before, during, and after their travels. National Travel Insurance Claims Day is observed in remembrance of those whose efforts make travel safe and worry-free.

National History of Travel Insurance Claims Day

The first National Travel Insurance Claims Day was observed in 2019 by Aon Travel Practise, an American travel insurance company. Have you ever pondered the advantages of travel insurance? Travel insurance is designed to provide you with maximal protection against a variety of travel mishaps, including trip cancellation, trip interruption, travel delay, emergency medical assistance, evacuation, baggage loss and damage, theft, and delay of travel belongings. This is especially useful for those who are travelling abroad for an extended period of time or who must utilise multiple modes of transportation during their journey.

Travel insurance has existed in some form for nearly 150 years, but its popularity has increased significantly over the past 50 years or so. It has changed over the years with the introduction of various new types of travel insurance coverage that protect travellers against illnesses, trip cancellation, abduction, and other potential dangers associated with travel.

In 1864, James Batterson was the owner and operator of the first travel insurance agency. Historically, travel insurance was utilised almost exclusively by the upper and upper-middle classes. Batterson’s travel insurance company covered all travel-related expenses, including larceny and other unforeseen occurrences. The addition of health insurance coverage to travel insurance policies in the 20th century was quickly adopted by customers. However, modern travel insurance also compensates for losses incurred as a result of missed hotel reservations, cancelled flights, and other unforeseen travel mishaps. This made travel insurance a necessity for many international business travellers and vacationers. As air travel grew in popularity, so did the demand for travel insurance. Moreover, an expansion of travel insurance benefits is anticipated within the next decade.

HOW TO RECOGNISE NATIONAL TRAVEL INSURANCE CLAIM DAY

Get travel insurance

Have travel plans for the immediate future? National Travel Insurance Claims Day is the ideal time to purchase travel insurance for you and your family. You should strongly contemplate purchasing one if you are travelling internationally.

Take a vacation.

So you already possess travel insurance? On National Travel Insurance Claims Day, put it to good use by planning a vacation. Travel without worry because all your concerns have been addressed!

Gratitude to a travel insurance expert

On National Travel Insurance Claims Day, do not neglect to thank a travel insurance professional. Send your colleague in travel insurance a card and a social media shout-out.

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5 INTERESTING FACTS YOU SHOULD KNOW ABOUT TRAVEL INSURANCE

Travel insurance can cover outdoor activities

Travel insurance policies can cover accidents and other issues related to adventure sports, such as bungee leaping, paragliding, and ziplining.

It protects you from nuisances caused by animals.

It is not uncommon for passengers to retrieve bags that have been handled by stray animals.

There are three types of travel insurance coverage.

There are three categories of travel insurance: trip investment, personal health, and personal possessions.

Animal assaults are protected

People can file claims for nibble bites and maulings on their travel insurance.

Pets can also be insured.

Travel insurance for pets covers costs associated with the death, injury, or loss of pets.

The significance of this Day

It is essential for worry-free travel

Always purchase travel insurance before travelling abroad or for an extended period of time. No one enjoys being anxious while travelling because vacation is a time to unwind and appreciate the company of loved ones. National Travel Insurance Claims Day highlights the necessity of travel insurance.

To save money

You save money even if you purchase travel insurance. National Travel Insurance Claims Day provides you with the best travel insurance plans and guides you through the travel insurance process to minimise any financial losses caused by travel complications.

To spread awareness

Although travel insurance is essential for international travel, only 12.8% of U.S.-based travellers typically purchase it, according to a report from 2020. Reasons for traveller underinsurance include a misunderstanding of risk at the destination and a sense of familiarity with the destination.

NATIONAL TRAVEL INSURANCE CLAIMS DAY DATES

Year Date Day
2023 May 14 Sunday
2024 May 14 Tuesday
2025 May 14 Wednesday
2026 May 14 Thursday
2027 May 14 Friday

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