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Insure2Travel Travel Insurance News |
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NEWS ARCHIVE
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| Click here to read this newsletter in your web browser and view our Travel News Archive |
Dear [[agentName]]
Are you missing out on valuable commission?
Insure2travel to travel provides you the most flexible solution to earning extra commission from your insurance sales without compromising on cover and price. |
Sell 100 single trip family policies
to both Europe and the USA
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Your client saves money
- You earn £4643.00 more commission
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Rate Comparison
Single Trip
Family 2 Adults & 2 Children |
|
Insure2Travel
Gold |
Commission |
|
Holiday Extras
Premier |
Commission |
| 15 days Europe |
|
£69.96 |
£35.72 |
|
£72.00 |
£18.89 |
| 15 days USA |
|
£137.73 |
£64.47 |
|
£150.00 |
£34.87 |
commission and rates based on I2T flexible commission and Holiday Extras commission of 20%
Key Cover Comparison
| Product Features |
|
Insure2Travel
Gold |
|
Holiday Extras
Premier |
| Medical Expenses |
|
£5,000,000 |
|
£5,000,000 |
| Baggage - total |
|
£1,500 |
|
£1,500 |
| Cancellation & Curtailment |
|
£5,000 |
|
£5,000 |
| Delay |
|
£200 |
|
£100 |
| Personal Liability |
|
£2,000,000 |
|
£2,000,000 |
| Medical Expenses Excess |
|
£50 |
|
£75 |
| Baggage Excess |
|
£50 |
|
£75 |
source: Defaqto
The i2t product is insured through Europ Assistance/Generali, one of the UKs largest Travel Insurers. |
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 Flexible Technology Solutions
Retail Trade Account
Usage: for agents able to 'sell' travel insurance
This online facility allows agents to quote, purchase and print fully compliant documents for their clients in 30 seconds. Our unique fully flexible net rates allow you to choose any commission level for each transaction.
Introducer Account - online transactions
Usage: for agents unable to 'sell' travel insurance
As more and more people are going the direct route to purchase travel insurance, i2t travel agents have successfully gained a foothold in the direct market simply by arranging an affiliate link; (the link can be used on your website or independently). Your clients can purchase 24/7 and you retain the same profit margin for less work! For an example of a branded affiliate link and more information click on www.thevillapeople.co.uk and follow the links. |
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 Agents can make the Best Use of Technology
Following a report from global communications software provider Thunderhead on TTGlive.com, that travel insurers are not providing digital access to policy documents that 23-35-year olds need. Insure2travel MD Simon Parsons said, “We have been providing precisely those facilities suggested by Thunderhead for almost 3 years.
All our 700 Agents can issue online in less than 1 minute and generate document delivery by auto email and SMS text simply by adding their client's email address (if they have one) and mobile number. Either way they receive a password to view their documents and important assistance phone numbers from any web connection worldwide.
Our Agents and their clients love it when the text message is received, often before they have left the shop." |
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It's quick and easy to Register for an Account:
1. Go to www.insure2travel.co.uk and complete the on-line registration
or
2. Email to request further information: info@insure2travel.co.uk
or
3. Call now on 02920 783010 or 07866 765436. |
Yours sincerely
Jon Elias
Operations Manager
insure2travel
email: info@insure2travel.co.uk
web: www.insure2travel.co.uk
02920 783010 : Phone
02920 666686 : Fax
07866 765436 : 24 Hour Sales Support |
| Authorised and regulated by the Financial Services Authority. Registration Number 309466. |
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22nd August 2007 - Combined Liability and Professional Indemonity for Tour Operators and Travel Agents
Insure2 travel now able to offer:
Combined Liability and Professional Indemnity
for Tour Operators and Travel Agents
Travel Agent or Tour Organiser?
The Package Travel and Holiday Regulation 1992, defines a Tour Operator (or Organiser) as one who combines two or more elements of travel.
As Travel Agents find their feet in the evolving dynamic packaging field, they are increasingly becoming exposed to the realisation that they themselves are potentially tour organisers!
If they are shrewd, the travel agent has had the foresight to buy the right insurance for their company to provide for their changing circumstances, because few agents these days only advise clients on tour operators out of the brochure products. To retain their client, agents have had to go that step further and make their own packages from specialist consolidators.
The moment a travel agent makes this transition, in the eyes of the regulations, he has leapt from the status of “agent” to “principal”. In doing so, he has become the “tour organiser” and opened both himself and his company up to all liabilities arising not only from his own errors and omissions, but the acts of all of the suppliers to the package.
Suddenly the travel agent is responsible for the slip by the pool, the food poisoning in resort, the safety of the coach transfer; everything that is included in the package becomes his legal liability.
Buying the right insurance for the travel agent has never been more important. If you ever make a package, ensure that your liability insurances include the definition of Tour Operator, to prevent facing a very hefty legal bill and even bigger compensation awards.
To request more information either:
email: info@insure2travel.co.uk
or call Jon Elias on 02920 668686 x110
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16th August 2007 - Newsletter for Travel Agents
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Dear [[TradingName]]
Newsletter Summer 2007 for Travel Agents |
 FSA to regulate sale of travel insurance
“Travel agents need not fear travel insurance regulation and no way should it reduce earning potential”
Simon Parsons
Managing Director
insure2travel
Following the Treasury’s review of travel agents sale of travel insurance the FSA will be responsible for regulation of policies sold alongside a holiday.
For travel agents aligned to travel insurance specialist insure2travel this will not be a problem.
Currently insure2travel have over 1000 Agents or Introducers transacting on several types of facilities, all of which will still be suitable for travel agents or tour ops from 2009. As we also provide services to Brokers all our facilities are built to deliver FSA documents as required, travel agents will just need to print the additional documents supplied.
Transaction methods:-
1. Retail trade account: Acting as ‘Agent’ selling from insure2travel.co.uk system Appointed representative.
2. Fulfilment: Sale made over the phone to i2t call centre
3. Introducer account: Affiliate online transaction with card payment
As more and more people are going the direct route to purchase travel insurance i2t travel agents have successfully gained a foothold in the direct market simply by arranging an Affiliate link (the link can be to the website or used independently) clients can purchase 24/7 and agents retain the same profit margin for less work!
Unlike less flexible web solutions the i2t Affiliate & Trade facility has flexi commission so the Agent remains in control.
For an example of the Affiliate rates provided net to Agents: Family of 6, 17 days USA £43.92
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 Insure2travel best for medical conditions
In a survey carried out in June by the Charity BCA (British Colostomy Association) insure2travel came out top for rates and cover for medical conditions. The article appeared in the charity publication ‘Tidings’ for summer 2007 issue 6. The survey was for Annual cover for a couple in aged 50 with medical conditions, the results are shown below.
| 1st |
Insure2Travel |
£127.72 |
| 2nd |
Direct Line |
£145.00 |
| 3rd |
Age Concern |
£188.00 |
| 4th |
All Clear |
£199.94 |
| 5th |
Free Spirit |
£204.80 |
| 7th |
Worldwide |
£219.00 |
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 Terrorism Cover now included
All insure2travel policies now provide cover for terrorism in respect of Medical Expenses and Personal Accident.
The exclusion for terrorism was removed from the policy from 01 July. The online wordings have been updated, hard copy wordings in circulation remain valid and will be updated at reprint.
Only 15% of travellers in the UK have any terrorism cover so this is a welcome extension to cover. |
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 Foreign Office Warning
Short haul travellers are neglecting to take travel insurance. The UK Foreign Office has warned British consumers that, half of all people going on short breaks this year are not taking out travel insurance. The government has issued a warning to consumers, citing all the possible reasons why they might need travel insurance. Recent figures showed that an air ambulance from the US East coast could cost £30,000 back to the UK and up to £16,000 back from Spain. Medical expenses in North America for heart surgery can cost $500,000 and more. |
| TIPS |
 Credit Card Cover
Many people are travelling without adequate travel insurance in the mistaken belief they have cover. Credit card travel insurance cover in particular often only provides cover for Personal Accident, and that is not much good without Medical Expenses cover. If your client says they have cover on their card ask them to check the cover and conditions very carefully as many of them have conditions and exclusions beyond what we believe to be reasonable. |
 Gap/Long-stay
Budget long stay cover is often unsuitable for the type of trips undertaken. The insure2travel Long Stay policy is the same quality coverage as the Single Trip and Annual policies and remember the cover is available up to age 65! If you are competing for Long Stay insurance remember the insure2travel cover is comprehensive and covers a wide range of activities. |
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 Insurance essential for luggage-laden Brits
Insurers have urged British holidaymakers to buy travel insurance following research that found one in eight people have misplaced a possession while overseas in the last 12 months. According to the Insurers, items such as digital cameras, designer sunglasses wallets, mobile phones and luggage are the most common objects that go missing, due to either theft or accidental loss.
As a result Britons are urged to ensure their policies fully cover their personal belongings and that they read the small print to understand the terms and conditions. Insure2travel covers items many policies exclude MP3 players, video equipment, mobile phones, televisions, DVD’s CDs mini-disc, computers etc |
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 Beware the cheap deal
Independent financial research company Defaqto has warned holidaymakers in the UK that some travel insurance policies are too cheap to be able to pay out in the event of a serious claim being made. The company found 30 single trip policies that charge £10 or less for a week’s travel to Europe, with one insurer quoting just £5.49 per person. In its report, entitled Travel Insurance in the UK – cheaper is rarely better, which is based on analysis of 968 travel insurance policies, it urged travellers to be wary of buying insurance based on price alone.
Brian Brown, author of the report and Defaqto’s head of insight, said: “The insurance industry and the government must do more to ensure that all consumers are aware that when it comes to travel insurance, cheapest is not always best.”
At Insure2travel we are able to offer both high value cover and comparatively low rates because of the efficiency of our website and of course because of our select agents, thank you for your support! Jon Elias, Operations Manager.
COVER COMPARISON |
Product Features |
Insure2travel |
Holiday Extras |
|
Gold Multi Trip |
Gold Multi Trip |
|
£ |
£ |
Medical Expenses |
5000000 |
2000000 |
Money - cash |
250 |
200 |
Baggage - total |
1500 |
1500 |
Baggage - single article |
200 |
200 |
Baggage - valuables |
250 |
200 |
Cancellation/Curtailment |
5000 |
3000 |
Delay - 1st 12 hours |
20 |
30 |
Personal Liability |
2000000 |
2000000 |
Medical Expenses excess |
50 |
75 |
Baggage Excess |
50 |
75 |
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 The Funny side of insurance
Only in America
A. Charlotte, NC, lawyer purchased a box of very rare and expensive cigars, then insured them against fire among other things. Within a month having smoked his entire stockpile of these great cigars and without yet having made even his first premium payment on the policy, the lawyer filed a claim against the insurance company. In his claim, the lawyer stated the cigars were lost "in a series of small fires." The insurance company refused to pay, citing the obvious reason: that the man had consumed the cigars in the normal fashion. The lawyer sued and won. In delivering the ruling the judge agreed with the insurance company that the claim was frivolous. The Judge stated nevertheless, that the lawyer held a policy from the company in which it had warranted that the cigars were insurable and also guaranteed that it would insure them against fire, without defining what is considered to be "unacceptable fire," and was obligated to pay the claim. Rather than endure a lengthy and costly appeal process, the insurance company accepted the ruling and paid $15,000.00 to the lawyer for his loss of the rare cigars lost in the "fires." After the lawyer cashed the check, the insurance company had him arrested on 24 counts of ARSON. With his own insurance claim and testimony from the previous case being used against him, the lawyer was convicted of intentionally burning his insured property and was sentenced to 24 months in jail and a $24,000.00 fine.
If you have a funny stories you wish to be included in our next newsletter please email me on jone@mfgl.com |
Yours sincerely
Jon Elias
Operations Manager
insure2travel
email: info@insure2travel.co.uk
web: www.insure2travel.co.uk
02920 668686 : Phone
02920 666686 : Fax
07866 765436 : 24 Hour Sales Support |
| Authorised and regulated by the Financial Services Authority. Registration Number 309466. |
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5th July 2007 - Travel Insurance for Insurance Brokers: Now Includes Terrorism Cover
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21 June 2007 - Travel Insurance Designed by Tour Operators for Tour Operators
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08 May 2007
Jon Elias has joined insure2travel as Operations Manager
Heading up the agent support team Jon has over 25 years travel management experience and is at hand to provide sales support and advice on how we can help agents maximise profits via several transaction options including Trade, Affiliate and Fulfilment.
Contact him on 02920 668686 Ex. 110
Email: jone@mfgl.com |
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