1、2050 英文单词, 11500 英文字符, 3600 汉字 出处: Hasan A A, Abdullah N C. Compulsory Travel Insurance in Malaysia: Some Regulatory Considerations J. Procedia - Social and Behavioral Sciences, 2015, 172:344-351. Compulsory travel insurance in Malaysia: some regulatory considerations Ahmad Afiq Hasan & Nuraisyah Ch
2、ua Abdullah Abstract In some developed countries, several legal measures were introduced to broaden the types of protection mechanism for outbound travelers on top of reliance on regulated travel insurance. In Malaysia, outbound travelers are protected, to a large extent, through licensing regulatio
3、ns of travel agencies which are insufficient in many aspects. This article provides a cursory review on the importance of travel insurance in Malaysian travel industry, examines the regulatory framework currently in place in the United Kingdom (UK), Hong Kong and the United States (US), and identifi
4、es several legal challenges for implementing compulsory travel insurance in Malaysia. Keywords: travel insurance; compulsory; risk; travel agent; challenges. 1.Introduction The utility of travel insurance as risk reduction scheme in international travel is one useful indicator on how modern socially
5、 sensitive society views their quality of life. Travel insurance covers the financial risk against unforeseen mishap that travelers are exposed to while on their holiday. Depending on the policy coverage, such risks include loss of baggage, loss of travel deposit, trip cancellation, medical repatria
6、tion or evacuation, physical injury, bankruptcy of travel service providers, personal liability against tort committed to citizen of host country, legal expenses cover and may cover almost any unforeseen situations that is not covered by typical policies such as terrorism and denied boarding. Secure in the mind in respect of the risk of those cost being incurred without travel insurance will give travellers a positive experience while travelling and will prove to be invaluable when the risk a