Those That Wander. — travel insurance RSS

Travelling is soooo safe, that COVID-19 insurance is free?

That’s right you heard it right. Insurance companies are willing to fork over hundreds of thousands of dollars if you get COVID-19 while on vacation and the airlines are paying for your premiums too. Now if anyone knows how an insurance company works, they know the most basic thing. Payments vs liability, simply put, can they get more money out of insurance premiums then they can out of paying medical bills for COVID-19. They clearly see the low risk to them as payouts for losses claimed will be less then the money paid to them in insurance premiums. Look at it this way. If the insurance had to pay out just one air ambulance to the max out of $100,000,...

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