Will Travel Insurance pay if my kid’s school break is cancelled?

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by Danielle Bailey November 12, 2011 in Insurance News

As we head into the winter season, some because of snow days. When school is canceled due to severe weather, that time has to be made up somehow, and schools typically make up those days by extending the school year through breaks.

  • cancel or reschedule your trip (if you can)
  • take the kids out of school and go anyway

Depending on your students position in school and what events are planned for those extension days, taking them out may not be an option (especially if they are graduating soon).

Take a look at our explanation of schedule conflict coverage, which is a covered reason (in some plans) for trip cancellation. Thats the travel insurance protection that reimburses you for your pre-paid trip costs in the event you have to cancel for a covered reason.

On that page, we describe the types of schedule conflicts that are sometimes covered by travel insurance companies.

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The Importance of Comparing Car Insurance Policies

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by admin November 10, 2011 in Insurance Auto Articles

Comparing car insurance policies is a must, especially if you are on a budget or if you want to be sure that the policy you would be buying would be able to give you the best level of coverage you can get at the price you can afford. Here are some of the other reasons why you need to take your time in comparing car insurance options before purchasing a policy.

1. It allows you to choose a policy which comes with the type and amount of coverage you need.

Because car insurance policies generally vary based on the type and amount of coverage that they come with, it would be good if you could take your time in comparing the policies based on the level of coverage they provide. Some insurance policies offer coverage only for third party bodily injury and property damage liability while there are some which offer third party liability coverage as well as coverage for your own vehicle in case it gets stolen or damaged due to a fire or a covered natural disaster. Read more…

On a Long Trip and Got a Flat at 1a.m.? Oh, and You Don’t have a Jack. Who do You Call?

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by Brandon Nguyen November 09, 2011 in Insurance Quotes

It can happen to anyone. Being a long way from home and getting a flat in the dead of night. Who do you call? Hopefully you purchased Emergency Roadside Assistance so all you have to do is call their 24/7 number to get someone out quick to fix the tire and get you back on the road again.

Pan-American Life Insurance Group to Acquire Assets from MetLife in the Caribbean, Panama and Costa Rica

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by Nicholas Rogers November 08, 2011 in Home Insurance Topics

NEW ORLEANS, Nov. 9, 2011 /PRNewswire/ — Pan-American Life Insurance Group (PALIG), a leading provider of life and health insurance in Latin America and the United States, today announced a definitive agreement to acquire select businesses and assets from MetLife (NYSE: MET). PALIG plans to acquire MetLife’s American Life and General Insurance Company (ALGICO) unit in Trinidad & Tobago, along with American Life Insurance Company (ALICO) branches in Barbados, Cayman Islands and the majority of the Leeward and Windward Islands, and the ALICO operations in Panama and Costa Rica. Upon closing, this transaction expands Pan-American Life Insurance Group’s size and extends its geographic footprint. Terms of the transaction were not disclosed.

Through this transaction, PALIG adds to its strong existing businesses in Panama and Costa Rica and expands its presence in the Caribbean. In total, the businesses being acquired by PALIG represent more than $125 million in 2010 premiums and $675 million in assets.

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