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It offers comprehensive protection against unexpected incidents and expenses that can occur during a business trip,” explains Mark Friedlander, director of Corporate Communications for the ...
Comprehensive travel insurance policies include cover for any cancellation fees or lost deposits relating to cancellation of the insured's person's trip for a range of unforeseen and unexpected circumstances. These include illness or injury, natural disasters and bad weather, [6] strikes and riots, [7] hijacking, and family emergencies. [8]
Cancellation of an insurance policy before the end of the policy period has the effect of ending the insurance coverage on the date of the cancellation. This can result in a partial return premium which can be calculated in different ways depending on the method specified in the policy.
Business interruption insurance provides up to 12 months’ income for covered businesses when they are forced to shut down operations because of a covered property event. The liability portion of a business owner's policy offers coverage for third parties who suffer property damage , advertising injury or personal injury on a covered business ...
Debit cards don’t often come with travel protections like trip cancellation coverage or emergency evacuation assistance. It means you’ll pay out of pocket for any travel plan changes or ...
“Standard trip cancellation coverage will reimburse non-refundable, prepaid costs if an insured traveler has to cancel for a wide range of reasons, including getting sick unexpectedly.”
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