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TMCNet:  RoamRight, Provider of Global Travel Insurance, Launches in the United States

[February 07, 2013]

RoamRight, Provider of Global Travel Insurance, Launches in the United States

TOWSON, Md. --(Business Wire)--

RoamRight travel insurance is pleased to announce the launch of its trip cancellation insurance and travel medical insurance products. RoamRight offers U.S. consumers a suite of products to fit the needs of both domestic and international travelers. RoamRight travel insurance is underwritten by Arch Insurance Company, which has an A.M. Best rating of A+ (Superior).

The U.S. Travel Insurance Association reports that sales of travel insurance continue to grow steadily as increasing numbers of Americans recognize the benefits of this type of insurance. "RoamRight meets the growing demand for travel insurance with plans that fit every type of traveler and trip purpose, combined with superior customer service. With RoamRight, consumers can protect their travel investment," said Linda Fallon, Senior Vice President of RoamRight.

RoamRight offers coverage for emergency medical expenses, evacuation, trip cancellation expenses, interruption, delay, and more for leisure, business, student, and group travelers.

RoamRight's "Elite," "Preferred" and "Essential" plans are family-friendly travel insurance products which allow one child under the age of 18 to be included at no extra cost for each paid adult. RoamRight also offers unique sports and activity coverage through its "Active Sports Vacation" and "Adventure Sports Vacation" plans, providing the key benefits of reimbursement of expensive rentals, lessons and facility fees. For travelers planning multiple trips a year, the "Multi-Trip" plan provides annual coverage for an unlimited number of trips giving the traveler convenience and peace of mind.

Further characterizing RoamRight as a premier travel insurance provider is a diversified portfolio of services that can be activated by calling a single number, free of charge, from any location the world. Services include:




 

     

• Trip Cancellation

• Baggage and Personal Effects

• Trip Interruption

• Baggage Delay Coverage

• Missed Connection and Itinerary Change

• Accidental Death Dismemberment

• Trip Delay

• AD&D (Air Common Carrier Only)

• Emergency Accident Sickness Medical Expense

• Cancel for Work Reasons

• Emergency Evacuation, Medically Necessary Repatriation, and Repatriation of Remains

• Cancel for Any Reason

 

RoamRight leisure, active, business, education and missionary policies are available for direct retail purchase online. Policies include Essential, Preferred, Elite, Adventure, Active, Multi-trip, Medical, Multi-Trip Medical and Evacuation. Coverage extends to everyone from couples, families and single business travelers to cruise passengers and students studying abroad. RoamRight professionals share a strong commitment to high quality coverage, competitively priced products and excellent customer service.

For more information, a complete listing of services and policies or to obtain a quote, visit www.RoamRight.com or call 1-877-687-7170.

About RoamRight

RoamRight, based in Towson, Maryland, is a provider of global travel insurance established by a group of travel insurance professionals with more than 60 years of combined experience helping travelers around the world. RoamRight offers travel insurance plans for leisure, business, student and group travelers, taking trips both domestic and abroad.

About Arch Insurance Company

Coverage is underwritten by Arch Insurance Company. Not all insurance products or coverage is available in all jurisdictions. Coverage is subject to actual policy language. Arch Insurance Company (a Missouri corporation, NAIC # 11150) had admitted assets of $2.5 billion, total liabilities of $1.9 billion and surplus to policyholders of $576.6 million, as shown in the Quarterly Statement for the quarter ended September 30, 2012. Arch Insurance Company is licensed to transact business in all U.S. states and the District of Columbia. Executive offices are located at One Liberty Plaza in New York City 10006. Insurance products may be distributed by unaffiliated entities.

Arch Insurance Company is a subsidiary of Arch Capital Group Ltd., a Bermuda-based company that provides insurance and reinsurance on a worldwide basis through its wholly owned subsidiaries.


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