Travel Insurance - Officials probe sale of unlicensed travel insurance - 13/03/2009

Following complaints state officials are investigating the sale of unlicensed travel insurance in Florida.

A report said chief financial officer, Alex Sink, yesterday instructed the three travel agencies involved to stop selling travel cover from Prime Travel Protection Services Inc.

It quoted officials as saying that the firm, Prime Travel, had been out of business for a couple of months and was not licensed to sell insurance in Florida or Colorado.

Two of the agencies, however, responded that they had stopped selling policies from the firm months ago, adding that their decision followed complaints about unpaid claims.

The third agency’s response was not known to the press.

According to one of the two responses, they stopped selling Prime Travel policies after Florida officials warned about the travel insurer.

They added that they spent more than $50,000 (nearly £36,000) on new coverage for customers that were yet to travel.

Meanwhile, several complaints were reportedly filed against the firm for unpaid claims including for a man who suffered heart attack and needed to be airlifted off a cruise ship.

Bookmark with:
  print Print Preview   email E-mail to a friend
 
Comments
Not comments have been posted yet.
 
Do you have something to say? (maximum comment length of 250 characters)

Post your comment
 
 
 
Related News
  18/01/2010 - Travel insurance could be crucial on millions of trips. Travel insurance industry experts have said that UK holidaymakers can no longer ignore travel...
11/01/2010 - Travel insurance a must during snow. Heavy snow in the UK has led to air and rail services being cancelled....
04/01/2010 - UK travelers find Las Vegas an exciting draw. The UK has been revealed as the number one source of overseas travellers to...
 
Related Guides
  Taking out single trip cover. Taking out single trip cover Types of travel insurance available Top 10 travel insurance...
Top 10 travel insurance tips. Top 10 travel insurance tips Types of travel insurance available Top 10 travel insurance...
Finding cheap travel insurance. Finding cheap travel insurance Types of travel insurance available Top 10 travel insurance tips...
 
Related Articles
  Important things to know about travel insurance. People usually do not want to buy travel insurance, but if you buy holiday...
Travel insurance vital for Christmas getaways. A travel insurance firm has urged individuals to get properly vaccinated this holiday period,...
Travel insurance a must. If you are a regular traveller and also occasionally go on trips with your...

Travel Insurance News
18/01/2010 - Travel insurance could be crucial on millions of trips. Travel insurance industry experts have said that UK holidaymakers...
Read More
11/01/2010 - Travel insurance a must during snow. Heavy snow in the UK has led to air...
Read More
04/01/2010 - UK travelers find Las Vegas an exciting draw. The UK has been revealed as the number one...
Read More
29/12/2009 - Gap year travellers urged to purchase insurance. It has been revealed that Gap year travellers have...
Read More
More News >>