For those traveling to the World Cup, insurance should be the goal
(page 1 of 4)
The World Cup soccer tournament – the biggest sporting event in the world – kicks off next week in Brazil, just a few months after the 2014 Winter Olympics in Sochi, Russia, where headlines were occupied with a grave tone for potential “Black Widow” terror events. The question is: will spectators, corporate sponsors and the media yet again find themselves in an unsettling environment when on site at the next global stage?
Furthermore, have insurance advisors learned from Sochi where to turn to keep their clients safe, provide them with a proper local education, and in the instance a threatening event does occur, the instructions on what to do, where to go, and how to behave?
Brazil and the World Cup will certainly be a test, and many of the newer types of protection in place may provide a blueprint for future high-risk travel by corporate executives and VIPs.
President Dilma Rousseff of Brazil promises, “We will guarantee the security of fans, tourists, teams and the chiefs-of-state that will visit us. I am certain we will host the Cup of Cups.” On the other hand, Brazil’s most dangerous drug cartel has promised a “World Cup of Terror,” vowing that the mass violence that has ignited in the Brazilian streets of late will not subside when visitors from all over the world flock to Brazil for the World Cup.
So why the ominous mixed-message and what does it mean to the 600,000 people traveling to Brazil to watch 32 countries battle it out in stadiums across the country? To answer that question it’s important to first understand the host country. There is no denying that Brazil has a crime problem. Robberies and “quicknappings” outside of banks and ATMs occur regularly. In a “quicknapping,” criminals abduct victims in order to receive a quick payoff from the family, business, or the victim’s ATM card. The victims then go free. Most of the time.
- Political reaction: Republicans propose The American Health Care Act
- State Farm reports $1.2 billion pre-tax operating loss in 2016
- DOL aims for initial 60-day delay in fiduciary rule effective date
- Report aims to put a stop to ‘Use It and Lose It’ homeowner policies
- Most LTCI claims begin and end at home; insurers pay out $8.65 billion in 2016 claims, new data confirms
- Record-setting fixed, FIA sales in 2016 can’t keep overall annuity sales from 6% decline
- 2nd annual ‘Insurance Careers Month’ trumpets fact 93% are proud to work in the industry; rallies recruiting efforts
- MetLife annuity and life products officially rebranded under Brighthouse Financial name