How Does Trip Cancellation Travel Insurance Cover Terrorist Incidents?
Like much of the world, I am angry at the recent terrorist attacks in Beirut, the downing of the Russian airplane over Sinai and the Paris attacks.
And, as you can imagine, we are getting calls from our clients who want to know how their Trip Cancellation Travel Insurance plan will cover them. And, also from people we’ve never worked with who want to know how a Trip Cancellation Travel Insurance plan will cover them for a future trip.
Like everything insurance, it comes down to the event being either unforeseen or already known.
Trip Cancellation Travel Insurance only covers losses resulting from sudden and unforeseen perils. Trip Cancellation Travel Insurance does not cover events that, on the date you buy the insurance, are known to You.
Here’s typical policy wording: “A Terrorist Act which occurs in your Scheduled Trip Departure City or in a city to which you are scheduled to travel while on your Trip, and which occurs within 30 days of your Scheduled Departure Date, provided the city has not experienced a Terrorist Act in the past 30 days prior to the effective date of your coverage. The Terrorist Incident must occur after the Effective Date of Your Trip Cancellation Coverage.”
Some policies don’t include this wording: “provided the city has not experienced a Terrorist Act in the past 30 days prior to the effective date of your coverage”.
For example, if you are going to Beirut or Paris soon and you did not already buy a Trip Cancellation Travel Insurance policy before Nov 12th, there will be no coverage for trip cancellation, trip interruption or medical treatment due to a Terrorist Act at your destination.
On the other hand, if you are going to Beirut or Paris soon and you bought a Trip Cancellation Travel Insurance policy that includes Terrorist Incident coverage before Nov 12th, you are covered according to the terms of your policy.
Go to this page if you want to see more about Terrorist Incident coverage: https://tripinsurancestore.com/travel-insurance-terrorist-incident-coverages/ from the few companies I have pre-screened and I trust.
What If I Don’t Feel Safe Going Somewhere?
Not feeling safe at your destination is one good reason to have a policy with Cancel For Any Reason coverage. Cancel For Any Reason adds about 50% to the price, it has to be purchased by the same deadline as the Pre-existing Conditions coverage (14 – 30 days after your initial trip deposit date) and you have to insure 100% of your Prepaid, Non-refundable Trip Costs.