Flight Insurance Can Take the Sting Out of Mishaps

Thursday, 29 May 2014 | by Pat's Picks

The next time your flight is delayed or you miss a connection, you might be able to cash in. The Wall Street Journal says Warren Buffett’s Berkshire Hathaway Inc. has launched a new travel insurance product called AirCare. It costs $25 and pays out $50 if your flight is two hours late, $500 if your baggage is lost, $500 for a missed connection and $1000 for a two-hour tarmac delay.

SOURCE: Wall Street Journal