5 Things to Look for in a Travel Insurance Provider

Published on Wednesday, July 29, 2015

If you’re like most organizations, you’ve used the same travel insurance provider for years simply because it works for you. Plus, who has the time to research other options? And what should you look for in those options? To save you time, we’ve simplified the process for you.

  • 1. Does its technology keep up with your needs?

  • Do you have online tools to help you sell travel insurance more efficiently? RoamRight's clients do! RoamRight’s Partner Portal provides quotes, marketing materials, access to claims and more. A co-branded website with your logo lets travelers purchase insurance directly from RoamRight while tracking your commissions.

  • 2. Does its technology keep up with your travelers?

  • Travelers rely on the internet and their mobile devices. A good travel insurance company lets clients submit claims online and access policy information on a mobile device. RoamRight does this and gives travelers safety and security tools through the RoamRight app, available on the App StoreSM and Google PlayTM.

  • 3. Are you losing money to administrative fees?

  • Many travel insurance companies charge extra administrative fees that are non-refundable and non-commissionable. RoamRight does not charge these fees, resulting in lower costs and savings you can pass on to your customers.

  • 4. Do strict time requirements limit your travelers’ extra benefits?

  • Early purchase benefits such as Cancel for Any Reason coverage or a waiver for pre-existing conditions are available only if purchased within a certain time frame from the initial trip deposit. For many providers, this window is within 14 or 15 days. RoamRight's generous 21-day policy gives travelers the time they may need to make important travel insurance decisions.

  • 5. Is the insurance underwriter financially sound?

  • RoamRight’s underwriter and parent company, Arch Insurance Company, has an “A+” (Superior) financial strength rating from A.M. Best Company. This means your travel insurance is backed by one of the strongest companies in the industry.

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The RoamRight mark is used by Arch Insurance Company and owned by its parent company, Arch Capital Group (U.S.). All insurance products are offered and underwritten by Arch Insurance Company. The term "Partner", as used on this website refers to any unaffiliated third party entity that may offer or disseminate Arch RoamRight travel insurance. The term has no legal meaning whatsoever and Arch RoamRight hereby disclaims any such legal meaning that may be ascribed to it. Click here for privacy notice.
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