July 13, 2009
Markets in Everything: Sunshine Insurance Edition
Sun-seekers whose holidays are spoiled by bad weather could be reimbursed after French travel agencies launched insurance cover for unwanted interruptions to the sunshine.
The insurance policy, launched by holiday groups Pierre et Vacances and FranceLoc, will allow holiday-makers to claim back part of the cost of their trip if they suffer at least four days of rain in any one week.
Source. Thanks to Dan Alban for the pointer and to MR for the MIE concept.
Posted by E. Frank Stephenson at 09:10 PM in
Economics