Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Record Travel Insurance Sales After Cyclone Evan

News release
21st December 2012

Record Travel Insurance Sales After Cyclone Evan Hits Pacific Destinations

Online travel insurer Southern Cross Travel Insurance (SCTI) logged a record day of policy sales on Monday following the widespread devastation caused by Cyclone Evan in Samoa last week.

The cyclone, which then moved to Fiji, caused extensive flooding and damage, resulting in many stranded tourists. Both countries are popular destinations for Kiwis visiting family or taking a break at Christmas time.

SCTI CEO Craig Morrison said it was vital that travellers purchased their travel insurance policy as soon as they booked and paid for their holiday.

“This is because travel insurance only provides cover for events that are unexpected. What this means is that if an event that might cause your trip to be cancelled or disrupted, such as a cyclone, has already begun when you purchase your travel insurance, it won’t be considered unexpected and your policy won’t cover you for any expenses related to that particular event.”

Morrison said if a SCTI customer travelling in Samoa or Fiji had purchased their policy prior to 6am on 13th December, there was provision to claim for reasonable additional costs related to travel interruptions or travel delays caused by Cyclone Evan. For SCTI customers travelling to Samoa or Fiji who had not yet departed New Zealand, but had purchased their policy prior to 6am on 13th December, there was provision to claim for unrecoverable cancellation or alteration costs caused by Cyclone Evan.

Although people travelling to Fiji or Samoa who purchase a policy after 6am on 13th December can no longer be covered for events related to Cyclone Evan, buying travel cover is still extremely worthwhile, said Morrison.

“Your policy will still provide cover for events unrelated to the cyclone – such as if the traveller fell ill or had an accident. Every year we receive individual claims for medical and related medical evacuation costs from these islands that reach into the tens of thousands of dollars.”

ends

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Scoop Business: NZ Dollar Catches Breath After "Goldilocks" Slump

The New Zealand dollar edged up following its dramatic slump yesterday after the Reserve Bank confirmed speculation it intervened in the currency market last month and PM John Key suggested a “Goldilocks” level far lower than at present. More>>

ALSO:

Biosecurity: Kiwifruit Claim To Hold Officials Accountable For Psa

Kiwifruit growers have joined forces to hold Biosecurity NZ accountable in the courts for its negligence in allowing 2010’s Psa outbreak that devastated New Zealand’s kiwifruit industry and exports. Foundation claimants representing well ... More>>

ALSO:

Poison: Anglers Advised Not To Eat Trout In 1080 Areas

With the fishing season opening in just a few days (1 October 2014), anglers are being warned by the Department of Conservation(DOC) not to eat trout from pristine backcountry waters and their downstream catchments, where the department is conducting 1080 poisoning operations. More>>.

ALSO:

Quotas: MPI Swoop On Suspected Fraudulent Fishing Activity

Ministry for Primary Industries (MPI) compliance officers swooped on a Hawkes Bay fishing enterprise today to secure evidence in an investigation into suspected fraudulent activity... “The investigation involves activity throughout the commercial supply chain – catching, landing, processing and exporting.” More>>

ALSO:

Scoop Business: Fonterra Slashes 2015 Milk Payout, Earnings Tumble 76%

Fonterra Cooperative Group cut its forecast 2015 milk price payout by about 12 percent, citing weaker global dairy prices and said there is a risk of further declines given strong global milk production. More>>

ALSO:

Scoop Business: RBNZ Keeps OCR At 3.5%, Signals Slower Pace Of Future Hikes

Reserve Bank governor Graeme Wheeler kept the official cash rate at 3.5 percent and signalled he won’t be as aggressive with future rate hikes as previously thought as inflation remains tamer than expected. The kiwi dollar fell to a seven-month low. More>>

ALSO:

Weather: Dry Spells Take Hold In South Island

Many areas in the South Island are tracking towards record dry spells as relatively warm, dry weather that began in mid-August continues... for some South Island places, the current period of fine weather is quite rare. More>>

ALSO:

Get More From Scoop

 
 
Computer Power Plus

Standards New Zealand

Standards New Zealand

Mosh Social Media
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news