It's just as important
to check the Underwriters of a travel insurance
policy as you would an insurance provider.
You're paying the insurance company and the underwriters a fee to cover your risk.
- The reason why it's important to know you've got a good Underwriter is because at the end of the day, they'll be the ones footing the bill. If there's not enough money in the bank and they have a poor credit history, then your policy has little worth - and you could be footing the bill.
Check who the underwriter for your chosen policy is and what rating they've been accredited.
- If the site you're visiting is backed by a top quality underwriter, more likely than not, the insurance company you've chosen will promote the company's brand and rating on their site.
Here's a list of well respected underwriters and their accredited ratings:
The order of these underwriters has been placed according to their financial strength rating accredited by Standard & Poors.
Standard & Poor’s
is the world’s top provider of independent
credit ratings.
For more information on each underwriters ratings,
log onto www.standardandpoors.com
|
