Last updated: 03:19 PM ET, Tue January 19 2016

ExactCare From Berkshire Hathaway Lives Up to Its Name

Impacting Travel | Berkshire Hathaway Travel Protection | Rich Thomaselli | January 19, 2016

ExactCare From Berkshire Hathaway Lives Up to Its Name

They call it ‘ExactCare’, a very precise name for one of the plans available at Berkshire Hathaway Travel Protection (BHTP) insurance.

Why travel insurance? Look at the numbers. According to statistics from the U.S. Travel Association, Americans took 2.1 billion trips in 2014, the last year figures were available.  And according to the U.S. Travel Insurance Association, a little more than 20 percent of those trips were covered by insurance – meaning that almost 80 percent were not.

Those are startling figures, and as with many things it often comes down to economics. But whether you can afford to purchase travel insurance should not be the question here.

The question is, can you afford not to? Can you afford the potential of losing the investment you made in your trip if something goes awry?

This is where Berkshire Hathaway Travel Protection comes in with its ExactCare program.

Nothing is certain in today’s world. From the tragedies of the compromised plane in Egypt – which resulted in the government briefly, but nonetheless, shutting down air travel – to the horrors of the Paris terrorist attacks, we have learned that uncertainty is the only thing that’s certain.

RELATED: Video: Berkshire Hathaway's AirCare Flight Protection Program

Even something simple as losing luggage or a passport can be a problem on a trip.

ExactCare is a comprehensive travel protection service offered by BHTP. Unlike most travel insurance plans, you can purchase ExactCare literally at the last minute — up to 11:59 p.m. on the day before your flight’s scheduled departure.

If you lose your passport, ExactCare comes with travel assistance and concierge services. BHTP’s customer service specialists can help replace missing travel documents and even arrange for assistance from the embassy or consulate near you.

ExactCare is not a trip cancellation waiver; it is full insurance coverage providing true reimbursement.

Berkshire Hathaway Travel Protection is determined to give travelers the coverage they need, and do it simpler, smarter, quicker, and with integrity. BHTP is a subsidiary of Berkshire Hathaway Specialty Insurance (BHSI), a leader in specialized casualty and liability insurance. BHSI is one of the fastest-growing companies under the Berkshire Hathaway umbrella – the same Berkshire Hathaway run by innovative financier Warren Buffett.

Berkshire Hathaway Travel Protection’s proactive claim processing is paying people faster and helping them in more ways than ever.

And it can be done by text, tweet, phone call, WebChat, or a simple email. Whatever the best and most preferred method of contact is, ExactCare will utilize that channel.

And the company’s electronic autopay is your promise that the funds for your travel insurance get to you as quickly as possible.


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