What is a “moral hazard”?  It is a term used in insurance circles that describes the subjective choices a person makes or could make because they have insurance.  Wikipedia describes it as: In economic theory, moral hazard is a situation in which a party insulated from risk behaves differently from how it would behave if [...]

You probably have been reading about the guy being held in Aruba on the suspicion of murder because of  the presumed death of his girlfriend several weeks ago.  One of the things that came to light early in the investigation is that he was the sole beneficiary on a $1,500,000 Accidental Death and Dismemberment policy.  [...]

Flight insurance has been around for a long time. As a matter of fact the first person to be insured by one was President Woodrow Wilson when he insured a flight on May 6, 1919 with The Travelers Insurance Company. It’s been the basis for some critical studies in the 1950’s on pricing and expenses [...]

From time to time the question comes up about flight delays that cause a traveler to miss a cruise departure. Many travelers that I’ve spoken to have indicated to me that if they book their flight through the cruise line that the cruise line will take care of them. Unfortunately, that appears to be wrong. [...]

A question that has come up is if a person can get Cancel for Any Reason coverage for a trip that has the travelers flying standby. The main concern was that the travelers would not be able to get a standby flight in time for their scheduled cruise, therefore they were seeing if Cancel for [...]