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SecuriGlobe is proud to introduce a travel insurance industry first — The Vanishing Deductible

SecuriGlobe is the first and only company in the travel insurance industry to offer travelers the Vanishing Deductible. This revolutionary new program, exclusive to SecuriGlobe will allow travelers to save on their deductible and premium for every year they travel without making a claim.

SecuriGlobe has partnered with TIC Travel Insurance Coordinators Ltd. trough their MedGuard program to offer these exclusive savings that travelers won't find anywhere else on the market. With this new program, travelers will be able to have their deductible reduced by 20% for every year they travel claim-free. As an added bonus for enrolling in the program, travelers will receive 20% OFF their premium. After five consecutive years, a traveler's deductible could vanish completely and they will still have the 20% premium discount.

“We think this is a great reward for loyal customers who travel year after year incident free," says Craig Spencer, Director of Product and Underwriting for Travel Insurance Coordinators Ltd. “We think people most certainly will see the value in it, they will literally see their deductible disappear."

How does the Vanishing Deductible work? For a customer who has a policy with a $1000 deductible, after one claim free year they would get 20% OFF their deductible, making it $800, plus the 20% premium discount. The following year the customer's deductible would be only $600, and $400 the year after that, and so on, while maintaining the 20% premium discount. After five claim-free years, the customer would have no deductible.

This Vanishing Deductible program brings the biggest long-term savings in the industry," said Patrick Lavoie, Vice President of Sales for SecuriGlobe “Travelers will take advantage of this program because they won't find any other travel insurance company that offers it. Travelers could see their deductible go all the way down to zero but still maintain the savings of 20% on their premium."

Travel Insurance Gone Wild

Just when you think you've heard it all, Travel Insurance came to the rescue of travelers in some of the most bizarre circumstances. It's SecuriGlobe's job to tell you all the possible things that could happen to you on your vacation, which should encourage you to purchase well-needed Travel Insurance. But sometimes, not even we can predict what “could” happen to you while traveling.

Here's an example from one of our competitors: While traveling for business in Asia, a man required an emergency appendectomy. After the operation, he was waiting for a ride when a tree limb fell over and struck him, causing him to be readmitted. When he was discharged again, he ended up in a taxi accident. Good thing he had travel insurance!

Most times claims aren't that extreme, but at any rate Travel Insurance is key to planning a trip, especially overseas.

Travel Insurance Becoming More Attractive

Travel insurance is becoming more of an attractive idea because the cost of travel is increasing and the risks are becoming greater. Having to cancel a nonrefundable trip to attend a funeral or needing to be airlifted due to an accident could be a very expensive nightmare.

If you're traveling outside the country, emergency medical and evacuation coverage is probably a good idea. It could be a $2,000 ambulance trip or it could be a $150,000 (medical) flight from China to the United States. The industry has become more competitive in recent years as more companies join and create alliances to add more benefits to policies.

Trust Us - You Need Medical Travel Insurance

Medical Travel Insurance is just as important to pack on your summer get away as your outfits and beach gear. There are a number of unexpected emergencies that can occur and they can become a serious financial consideration due to transportation and medical costs.

Medical Travel Insurance is designed to protect travelers from the costs of unforeseen illnesses and accidents, medical translation help, long-term hospitalization if you're unable to fly home, out-of-pocket costs and emergency family transportation. Airlines, hotels or cruise lines sell policies, but if you're looking for the most efficient protection, buy your Medical Travel Insurance from a reputable source such as