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Top 9 Dubai Travel Insurance Benefits: Safe and Secure Travels


Planning a trip to Dubai? As dazzling and modern as this city is, no traveller is immune to unexpected accidents, injuries, or illnesses that can happen on any journey.


Travel insurance for Dubai safeguards you in case of emergencies abroad that could otherwise lead to astronomical medical bills or trip disruptions. But it offers so much more, too. Let’s explore the top 10 reasons Travel insurance for Dubai should be on your packing list!


1. Coverage for Medical Emergencies & Treatment


Getting sick or injured far from home can quickly turn a dream vacation into a nightmare. International travel insurance shields you from unexpectedly massive medical costs. Both inpatient and outpatient treatment at hospitals are covered, along with ambulance transportation. Certain policies even cover pre-existing medical conditions.


Without coverage, you could end up paying hundreds to thousands per day in Dubai medical fees. A quick accident requiring surgery or a short hospitalisation stay could mean crippling bills in lakhs or more! Dubai travel insurance prevents health emergencies abroad from morphing into financial catastrophes back home.


2. Protection from Trip Cancellation & Interruption


Will an unexpected event at home force you to cancel your long-awaited Dubai getaway entirely? Or interrupt it and race back early? Lost pre-payments on flights, hotels, tours, and more can cost thousands. Insurance provides trip cancellation and interruption coverage to recoup these non-refundable expenses.


Your insurance provider will reimburse the unrecoverable costs up to the limit specified in the policy schedule. So, just don’t leave home without travel insurance!  


3. Coverage for Lost, Damaged & Delayed Baggage


Between crowded airports and all that moving through hotels, the risk of bags getting lost, damaged or delayed is real. With baggage coverage, you’re offered a standard fee while bags

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Travel news: New baggage tracking tool, plus cheapest insurance

Lost luggage is the bane of travelling and it only seems to have become worse since we returned to travel after the pandemic.

Well, Virgin Australia has announced it will be rolling out a tracking tool that could take the pain out of missing luggage. 

The system is an app-based logistic that informs passengers when their baggage has been checked in, loaded onto the aircraft, transferred to a connecting flight if required and at which baggage carousel it will be arriving.

Domestic and international coverage

Regular Virgin domestic travellers have been using the app on a portion of the airline’s domestic routes, but it will now be expanded to cover all Virgin domestic and international flights. 

“Australians find comfort in the ability to track food deliveries, postal deliveries, technology, even their heart rate, all via apps, and it made sense for travellers to be able to do the same thing when flying Virgin Australia,” said Paul Jones, chief customer and digital officer, Virgin Australia.

“By further enhancing our Australian-first baggage tracking technology to include all international services and additional notifications, we are giving guests the peace of mind to know where their baggage is at every step of the journey,” said Mr Jones.

If you want to track your luggage on Virgin, follow these steps:

  • download the Virgin Australia app. It’s free!
  • enable push notifications via app settings
  • once enabled, a series of push notifications will be sent to your phone throughout the journey, including when the bag is checked in, loaded onto the aircraft, transferred to an international partner airline, and available for collection at the final destination. The tool will also advise the guest at which carousel the baggage will be available for collection.

For more information, visit here.

Best travel insurance

The latest CPI figures

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How much travel insurance costs in 2024

Conclusion: Is travel insurance worth it?

In a world of pandemics, flight cancellations, and lost luggage, travel insurance has become an important expense for travellers – if not always glamorous.

Travel insurance is designed to financially protect travellers from unexpected costs, such as medical evacuations and treatment, damaged belongings, or even rental car excess. 

Instead of the traveller paying completely out of pocket, they can make eligible claims on their travel insurance to get some or all of their money back.

For travellers on a budget, the right policy could make a huge financial difference.

However, many Australians may avoid considering travel insurance simply because they don’t know how much it costs in the first place.

Travel insurance costs depend on many things (such as destination, length of stay, and activities), so comparing travel insurance providers can help Aussies save where they can.

According to Mozo’s research, opting from an average premium to a cheaper one could save Aussie travellers over $100 per trip. 

“Mozo’s research shows Aussies could be paying hundreds of dollars more than they need to if they’re not comparing travel insurance policies,” says Mozo money expert Rachel Wastell.

“Travel insurance might not be the most exciting expense to organise when planning a holiday, but it’s critical Aussies don’t rip themselves off by choosing the first policy they see.”


The figures above are based on the cost of a comprehensive travel insurance policy for a family of four (two adults and two children), travelling to and from that destination for 14 days. The costs were then divided by two, as with family travel insurance policies, dependents are included for free.

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Insurance Law & Risk Management

For visitors looking for insurance coverage laws, litigation, risk management, or compliance issues, the National Law Review has up-to-date content on insurance and reinsurance-related matters.

Insurance Coverage in a Variety of Situations

Coverage includes different types of insurance policies companies require when doing business with clients, or professionals in the medical/legal field require, to protect themselves (licenses) against lawsuits. Malpractice insurance for legal and medical professionals, professional liability insurance for a store-owner, environmental liability, business interruption insurance coverage for companies, and commercial general liability (CGL) insurance, for large corporations, are among the different cases and stories visitors to the National Law Review will find, when visiting the site. Additionally, following major catastrophic events, such as flooding, hurricanes, or other loss of income, which causes a business to shut its doors, property loss, and business interruption insurance coverage is available to businesses. Cyber insurance is another major area of insurance law today, given cyber-attacks, fraud, data breaches, and security issues online. The National Law Review covers the basics as it relates to these, and other forms of insurance, requirements for businesses, and how it will protect them from lawsuits in their niche industry.  We also report on coverage/lack of coverage as it relates to insurance agreements involved in construction defects. This can be a major issue, especially in dealing with government contracts, and we provide detailed information about procedures, risks, and what companies should do, in the event they don’t have a policy (lapse), when working on certain contracts.

Insurance Litigation

Visitors to NLR can also read about insurance disputes as they relate to bad-faith claims, extra-contractual liability, or fiduciary arrangements between companies/clients. Insurance fraud, toxic torts, class actions, and other premium situations are frequently covered online. Additionally, insurance litigation at the district court and state court level is analyzed by

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Washington Insurance Commissioner Will Not Seek Reelection

OLYMPIA, Wash. (AP) — Longtime Washington state Insurance Commissioner Mike Kreidler said Monday he would not seek reelection.

Kreidler’s announcement comes about a year after Gov. Jay Inslee and bipartisan legislative leaders called for his resignation over accusations from former employees that he used racist slurs and was demeaning or rude toward staff members, The Seattle Times kreidler-will-not-seek-reelection/”reported.

“Serving alongside you as Insurance Commissioner for Washington state has been, and continues to be, the greatest honor of my life,” Kreidler, 79, said in an email to the staff Monday. “I’ve always said it was the best job I’ve ever had, and I still feel that way today.”

Kreidler, a Democrat, was elected in 2000 and previously served one term in Congress.

Last year, a half-dozen potential and former employees washington-a49a2d526ffb8590461edafc44eb84ab”disclosed instances from 2017 to 2022 when Kreidler was demeaning or rude, was overly focused on race, and used derogatory terms for transgender people and people of Mexican, Chinese, Italian or Spanish descent, as well as asking some employees of color for unusual favors.

Political Cartoons

Inslee had said the events demonstrated Kreidler is “unable to fulfill his leadership responsibility” and should resign.

“Commissioner Kreidler assured his employees and the public he would work to improve his relationship with staff, but instead he terminated an employee who spoke out about these issues,” Inslee said at the time.

Republican and Democratic leaders in the state Legislature made similar calls.

Kreidler, however, chose to remain in office.

“I take full responsibility for my past behavior and recognize the impact it has had on those around me and the people I serve,” he said last year. “I have pledged to do better and stand by that commitment.”

The insurance commissioner is the top state regulator of Washington’s insurance industry,

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Star Health and Allied Insurance Company stocks: Buy Star Health and Allied Insurance Company, target price Rs 650: ICICI Direct

ICICI Direct has buy call on Star Health and Allied Insurance Company with a target price of Rs 650. The current market price of Star Health and Allied Insurance Company is Rs 586.55.

Star Health and Allied Insurance Company, incorporated in the year 2005, is a Large Cap company (having a market cap of Rs 34124.10 Crore) operating in Financial Services sector.

Star Health and Allied Insurance Company key Products/Revenue Segments include Premiums Earned, Interest & Dividend and Income From Sale Of Share & Securities for the year ending 31-Mar-2022.

Financials

For the quarter ended 31-12-2022, the company has reported a Standalone Total Income of Rs 3074.37 Crore, up 2.39 % from last quarter Total Income of Rs 3002.62 Crore and up 13.40 % from last year same quarter Total Income of Rs 2711.01 Crore. Company has reported net profit after tax of Rs 210.47 Crore in latest quarter.

The company’s top management includes Mr.Venkatasamy Jagannathan, Mr.Utpal Hemendra Sheth, Mr.Deepak Ramineedi, Mr.Berjis Minoo Desai, Mr.Rajeev Krishnamuralilal Agarwal, Mr.Rajni Sekhri Sibal, PadmashriKaarthikeyan Devarayapuram Ramasamy, Ms.Anisha Motwani, Mr.Rohit Bhasin, Mr.Anand Shankar Roy, Dr.Subbarayan Prakash, Mr.Sumir Chadha. Company has V Sankar Aiyar & Co. as its auditors. As on 31-03-2023, the company has a total of 58 Crore shares outstanding.

Investment Rationale

Market leader in retail health insurance segment (~33% market share) with potential for sustained business growth and, thus, earnings trajectory.

Promoter/FII Holdings
Promoters held 58.28 per cent stake in the company as of 31-Mar-2023, while FIIs owned 35.24 per cent, DIIs 1.44 per cent.

(Disclaimer: Recommendations given in this section or any reports attached herein are authored by an external party. Views expressed are that of the respective authors/entities. These do not represent the views of Economic Times (ET). ET does not guarantee, vouch for, endorse any of its contents and … Read the rest

When private health insurance is no assurance at all

May I sound a note of caution to the growing numbers considering private health insurance?

My mother, who is 93, has held her policy with a major UK provider for 60 years. At her age the premium is astronomical — even more than her utility bills — but she retains this luxury so she has the reassurance of having care if she needs it — and she did.

Four months ago she fractured her thighbone in a fall. Paramedics attended swiftly and the subsequent operation and NHS hospital care was superb.

On about the seventh day post-op the hospital was anxious to send her home, so great was the wintertime pressure on beds. She was still unable to stand, so had the idea to transfer to the private ward of the hospital for a few days of rehabilitation.

But her insurance refused to cover this, as she had failed to advise them, as laid down in the small print, that if she was admitted as an emergency on the NHS, she would let them know within five days.

Is it fair that a frail lady, in the throes of a catastrophe, should be expected to gather her wits and contact her insurer?

It makes me wonder if saving a small sum each month, rather than handing over money for an insurance policy tied up in small print, may be a safer option should you ever want to go down the private healthcare route.

© Solo dmg media

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Importance of health insurance in today’s uncertain times


KARACHI:

Our health is undoubtedly our greatest asset! However, at times access to the things that contribute to a better quality of life can be challenging for most of us. Moreover, access to even basic healthcare is an issue for particular segments of society.

Pakistan is a developing nation economically but its population is growing at an average annual rate of 1.9% which is almost double the average global population growth rate.

On top of that, over 7% of the population is over the age of 60, which gives rise to an increasing need for medical care for age-related health issues. Also, given that the average woman in the country gives birth to nearly 3.6 children, there is also a significant demand for healthcare services related to pregnancy and childbirth.

Pakistan’s diverse demographic profile offers immense potential for insurance products due to the significant size of its Gen Z segment, comprising 60-65% of its populace, where the majority of individuals are under the age of 30.

This younger lot focuses on maintaining a healthy and secure lifestyle. As such, this segment requires wider access to modern infrastructure like fitness centres to sustain this lifestyle till they get to 60.

Similarly, they need awareness for accepting life insurance products as integral parts of their lives so that when the time comes, they have a support system that eases their worries.

Since a significant chunk of Pakistan’s population is young, therefore it is essential to understand how health insurance works and why it has become a crucial aspect from the early stages of life.

Insurance generally works on the principle of risk sharing, where individuals pay premiums to a service provider in return for providing them financial coverage in case of medical emergencies including hospitalisation, surgical, and outpatient coverage, alleviating the burden

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Health insurance quotes – NerdWallet

About this tool

This tool provides an easy way to compare health insurance quotes for individual health plans. Individual health insurance plans are policies you buy on your own, rather than through work. This tool shows plans that are offered through state and federal health insurance marketplaces. If you qualify for tax subsidies to lower your monthly payments, you must buy one of these plans to receive a subsidy.

What to look for in a health insurance plan

There’s more to comparing health insurance quotes than looking at premiums. Deductibles, copays and coinsurance might all be different, so you’ll want to take a close look at those out-of-pocket costs while you compare.

Look at the plan’s deductible — how much you must pay out of pocket before the plan starts to pay a portion of the costs. This will appear next to the premium of any plan you look at. If someone on the plan goes to the emergency room or needs a lot of health care services, you’ll likely have to pay that amount toward care in the next year. For an emergency room visit or expensive treatment, you could be charged the deductible all at once, so there is a risk if you choose a plan with a high deductible.

Pay special attention to prescription coverage if someone in your family depends on a prescription medication. If that drug is an expensive one, you may have to pay full cost for it until the deductible is met, and a coinsurance percentage after that. Ask yourself: Would it be a better deal to pay a higher monthly premium in exchange for a flat copay each time you need to refill at the pharmacy?

Check the plan’s provider network to make sure there are doctors and hospitals near you who

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Morgan & Morgan tells its lawyers to offer insurance carriers no courtesies

Insurance companies may be celebrating a change in Florida law intended to limit aggressive litigation. But the state’s largest personal injury law firm will give carriers no quarter.

A Morgan & Morgan the company-wide memo suggests the firm’s only adjustment in legal strategy will be to push defendants harder.

“As we enter this new era, I want to make it unequivocally clear that we will not be giving an inch to carriers ever again,” wrote Matt Morganthe firm’s morgan/”managing partnerand Reuven Moskowitzthe firm’s Chief Operating Officer. “Not one inch.”

The memo says lawyers are not authorized to grant extensions to attorneys representing insurers.

“They can figure it out or file a motion,” the executives wrote. “Under no circumstances will we be agreeing to any continuity, discovery extensions, or request to extend (the) deadline to answer complaints.”

Describing “red line rules” for the new legal environment, Morgan and Moskowitz said it would be a “serious internal offense if we find any courtesies being extended to the insurance industry.”

That posture goes across the board, including for any litigation that predates the March and the Legislative Session.

The Legislature approved a massive tort package (HB 837) that became the first bill passed in Session to be signed by Gov. Ron DeSantis.

The bill eliminates the requirement that policyholders cover attorneys’ fees for any party prevailing in a lawsuit against an insurance company.

While lawmakers stressed that Florida statute still allows avenues for plaintiffs to recover court costs, trial lawyers stressed that it’s less likely in cases where parties settle, the outcome of a vast majority of lawsuits against carriers.

It’s clear from the memo that lawyers take the change personally.

“We may want to help the human being defense attorney because we know them

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