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``Travel Protection'' Makes Sense as Costs Escalate for Both Business and Leisure Travel.


Business Editors & Travel/Lifestyle Writers

LOS ANGELES--(BUSINESS WIRE)--Oct. 11, 2000

-- Online financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 leader answercenter.com adds new

plans and benefits to soften the impact of unexpected travel woes --

Travel insurance has made a generational shift from the days when flight insurance came with any credit card purchase or people picked up extra accident insurance at the airport.

The plans just launched by Answer Financial(R) online and through its integrated 24-7 call center are far more comprehensive and flexible, reach around the globe and recognize that potential losses from disrupted travel can be as devastating dev·as·tate  
tr.v. dev·as·tat·ed, dev·as·tat·ing, dev·as·tates
1. To lay waste; destroy.

2. To overwhelm; confound; stun: was devastated by the rude remark.
 as losses on any kind of investment.

"Any trip, whether it's for business or pleasure, involves the potential for unexpected and sometimes costly surprises, such as flight cancellations, a family member's illness, a roadside breakdown, or lost or delayed baggage," said Alan Snyder, president and founder of Answer Financial Inc., the parent of answercenter.com(SM), the leading financial services portal.

"That's why our travel plans encompass a variety of situations, such as reimbursing nonrefundable tickets, emergency medical services An Emergency medical service (abbreviated to initialism "EMS" in many countries) is a service providing out-of-hospital acute care and transport to definitive care, to patients with illnesses and injuries which the patient believes constitutes a medical emergency. , or the cost of buying new clothes when lost baggage never quite catches up with an owner on the go."

Answer Financial's Travel Protection plans, available to its more than 13 million affinity- and employee-group members, are of two types: competitively priced roadside assistance from leading auto clubs for personal vehicle travel, and comprehensive trip insurance.

The featured roadside assistance plans typically include emergency dispatch services for motorists with disabled vehicles, towing, battery jumps, fuel delivery and flat-tire assistance. Unlike some auto club plans, Answer Financial-sponsored benefits are uniform throughout the nation, not different from state to state. Trip routing and mapping, rewards for the return of stolen items and travel discount benefits are included, along with legal defense expenses related to a motor vehicle incident.

Offering a choice of seven plans that can be customized to enhance a traveler's peace of mind, coverage may include the following and more:

    -- Reimbursement for nonrefundable tickets or travel deposits if
       a trip must be cancelled or delayed
    -- Additional costs of food and lodging when a trip is
       interrupted by illness, airline scheduling glitches
       or other such circumstances
    -- Necessary medical and dental care while traveling abroad and
       even visitation by a loved one if the traveler is hospitalized
       away from home
    -- Translation assistance via a 24-hour hotline when plans fall
       through and lack of foreign-language skill contributes to the
       problem
    -- Allowances to replace lost or stolen baggage
    -- Emergency evacuation regardless of the location


"With the booming economy, increased demand has pushed travel costs higher, which means the dollars put at risk due to a cancellation or disruption disruption /dis·rup·tion/ (dis-rup´shun) a morphologic defect resulting from the extrinsic breakdown of, or interference with, a developmental process.  are greater than ever. So multifaceted mul·ti·fac·et·ed  
adj.
Having many facets or aspects. See Synonyms at versatile.

Adj. 1. multifaceted - having many aspects; "a many-sided subject"; "a multifaceted undertaking"; "multifarious interests"; "the multifarious
 travel protection makes more sense than ever," Snyder concluded.

About Answer Financial Inc.

Answering the tough financial questions facing today's working families and individuals, Answer Financial Inc. is dedicated to helping members reduce risk and improve peace of mind, while maintaining current lifestyles and making informed financial decisions tailored to individual needs and preferences. Through its wholly owned subsidiaries Wholly Owned Subsidiary

A subsidiary whose parent company owns 100% of its common stock.

Notes:
In other words, the parent company owns the company outright and there are no minority owners.
, Answer features auto, home, life, health, dental, long-term care long-term care (LTC),
n the provision of medical, social, and personal care services on a recurring or continuing basis to persons with chronic physical or mental disorders.
 and personal accident insurance, as well as annuity annuity: see insurance.
annuity

Payment made at a fixed interval. A common example is the payment received by retirees from their pension plan. There are two main classes of annuities: annuities certain and contingent annuities.
 products; prepaid pre·pay  
tr.v. pre·paid, pre·pay·ing, pre·pays
To pay or pay for beforehand.



pre·payment n.
 legal services legal services n. the work performed by a lawyer for a client. , home warranty A Home warranty is an insurance contract that covers the repair and replacement costs of home appliances. The warranty generally covers equipment and appliances such as dishwashers, plumbing systems, electrical systems etc. , vision and prescription discount plans; online banking; pet health insurance and A Good Deal More(SM), a unique program that offers substantial savings on dining, hotels and leisure activities. Answer Financial features products from more than 160 top rated national providers, which can be accessed over the Internet or by toll-free phone 24-hours a day.

Answer Financial has attracted America's leading companies, including global consulting and investment firms, credit unions, banks, technology companies, manufacturers, retailers and law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
  1. Clifford Chance, £1,030.2m – International law firm (headquartered in the UK);
  2. Linklaters, £935.
. Product providers do not pay to participate on the platform, and Answer Financial does not accept incentives to advertise or promote any given product or carrier over another.
COPYRIGHT 2000 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2000, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Geographic Code:1USA
Date:Oct 11, 2000
Words:635
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