Most Americans Unprepared for Travel Catastrophes

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    For

    Immediate

    Release

    April24,2012

    MOSTAMERICANSUNPREPAREDFORTRAVELCATASTROPHES

    SurveyFindslessthan30%ofthosewhosetravelplanswereimpactedhadtravelinsurance

    OneineightU.S.adults(12%)eitherhadtheirtravelimpacted,orconsideredchangingtheirtravelplans,dueto

    naturaldisastersorworldeventssincesummer2010,accordingtorecentlyreleasedfindingsofasurvey

    conductedfortheUSTravelInsuranceAssociation.

    Yet,oftravelersimpacted,only29%hadtravelinsurance,thesurveyrevealed. Ofthose,96%reported

    satisfactionwith

    their

    travel

    insurance,

    and

    nearly

    half

    49%

    said

    they

    were

    very

    satisfied.

    Surprisinggroupmostimpactedbynaturalandworldevents

    Accordingtothesurvey,1834yearoldswerethemostlikelytohavetheirtravelplanschangedorimpactedby

    naturalorotherevents(20%),followedbycollegegraduates(17%),andparentsofachildunder18(16%).

    Understandably,thesegroupswerealsomorelikelytosaytheywouldpurchasetravelinsuranceforanupcoming

    trip(34%of1834yearolds,28%ofcollegegraduates,and26%ofthosewithachildathome). Additionally,

    morethanaquarter(27%)ofthosewhosehouseholdincomeexceeded$50,000saidtheywouldlikelypurchase

    travelinsurance. Slightlymorethanoneinfive(22%)aged55oroldersaidtheyplannedtopurchasetravel

    insurance.

    Who

    is

    traveling

    in

    2012

    Fouroutoffiveadults(82%)withhouseholdincomeofover$50,000saidtheyplannedtotakealeisuretripof100

    milesormorein2012,comparedto54%ofhouseholdswithlowerincome,whilemarriedadultswereslightly

    morelikelytotakeavacationthanthosewhowereunmarried(75%vs.64%).

    Travelatyourownrisk

    MostAmericansrecognizetheimportanceofinsuringtheirhomes,autos,andtheirhealth. Likewise,its

    importanttoconsiderinsuringyourtravels,suggestsUStiA. Alteringtravelplansduetounforeseeneventssuchas

    storms,andothernaturaldisastersliketheIcelandVolcanoin2010,andtheJapantsunamiin2011cancost

    travelersmoneyforextrahotelstays,meals,andtransportation.

    Travelinsurancecanreimbursetravelersforexpenseswhentheirtripisdelayedorinterruptedbyunforeseen

    disasterssuchasstorms,floods,or earthquakes.Duringacrisis,travelinsuranceandassistanceservicescanalso

    playanimportantroleinhelpingwithevacuationplansandotherarrangementstokeeptravelersoutofharms

    way.

    http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/http://www.ustia.org/
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    UStiAadvisesthattravelinsuranceoffersotherimportantpeace of mindbenefits.Ifatravelerbecomesinjured

    orill,travelinsurancearrangesneededmedicaltreatment,reimbursescostsnotcoveredbytraditionalhealth

    insurance,and,whenneeded,providesmedicalevacuation. Whenatravelerorfamilymemberbecomesilland

    hastocancelatrip,travelinsurancewillreimbursenonrefundableexpenses. Travelinsurancealsohelpsprotect

    personalbelongings

    and

    baggage

    while

    traveling,

    helps

    in

    providing

    legal

    assistance

    when

    things

    go

    wrong

    overseas,andoffersavarietyofotherbenefitstotravelers.

    Assistanceservicesincludedinmanytravelinsurancepoliciesoravailableseparatelyaidtravelerscaughtin

    emergencysituations,suchasthe2011uprisinginEgypt,orthe2012CostaConcordiatragedyoffthecoastof

    Italy. Servicescanincludeprovidingimportantsafetyintelligence,assistinginreplacementoflostdocumentssuch

    aspassports,andevenhelpingarrangetransportationoutofadestinationdeemedunsafe.

    TRIPfortravelsafetyandsecurityinformationTofindhelpfulinformationonhowtostaysafe,andtipsontravelsecurity,visitwww.TRIP.ustia.org.Anacronym

    forTravelResponsibly,Informed,andProtected,thisconsumeradvocacywebsite,sponsoredbyUStiA,contains

    articlesand

    timely

    tips

    on

    travel

    health,

    safety,

    and

    security,

    including

    links

    to

    resources

    such

    as

    the

    U.S.

    State

    Department,andeverythingfromcurrencyconversiontoweatherandflightinformation.

    Aboutthesurvey

    SurveyfindingsarebasedonanIpsospollconductedforUStiAinFebruary,2012. Anationalsampleof1,037

    adultsaged18andolderfromIpsosU.S.onlinepanelwereinterviewedonline,andasked:Duringthepast1218

    months,haveanyofyourtravelplansbeenimpacted(orhaveyouconsideredchangingtravelplans)asaresultof

    storms(HurricaneIrene,wintersnoworotherstorms),naturaldisasters(earthquakes,volcaniceruptions,

    tsunamis)orotherdisastersorworldevents(oilspill,nuclearmeltdowns,civilunrest)?

    AboutUStiA

    UStiApromotesfairness,integrity,andacommitmenttoexcellenceinthetravelinsuranceindustry.Witha

    missiontoeducatethepublicontravelinsurancewhilemaintaininghighindustrystandards,UStiAisanonprofit

    associationofinsurancecarriersandalliedbusinessesinvolvedinthedevelopment,administrationandmarketing

    oftravelinsuranceandassistance.

    Travelinsuranceandassistanceplansareavailablefromtravelagencies,airlines,touroperators,hotelsand

    resorts,andinsurancebrokers,aswellasthroughtheInternet.Formoreinformation,consumeradviceonhowto

    shopfortravelinsurance,andalistingofUStiAmembercompanies,visittheUStiAwebsite,www.ustia.org.

    ###

    Contact:

    LindaKundell

    KundellCommunications

    2128772798

    [email protected] or

    [email protected]

    @kundellpr

    http://www.trip.ustia.org/http://../Linda/My%20Documents/Dropbox/UStiA/www.TRIP.ustia.orghttp://www.ustia.org/http://www.ustia.org/mailto:[email protected]:[email protected]:[email protected]:[email protected]://www.ustia.org/http://../Linda/My%20Documents/Dropbox/UStiA/www.TRIP.ustia.orghttp://www.trip.ustia.org/