Travelers with a big trip coming up usually follow the news carefully, nervous about unforeseen events, like a terrorist attack, that might cause a postponement. That is probably the case in recent days for European-bound travelers after a shooting on Paris’ Champs-Elysees.
In the case of increased terrorist threats, what coverage is available for those who bought travel insurance should they decide to postpone their vacation?
Squaremouth, a travel insurance comparison website, said in a news release that most companies include terrorist attacks in their policies, but that specific conditions must be met to cover a cancellation.
• The U.S. State Department must declare the attack as terrorism.
• Most companies require the attack to occur within 50 to 100 miles of the traveler’s destination.
• Most policies require the attack to occur within seven to 30 days of the traveler’s departure date.
• Travelers insurance is meant to cover unforeseen events, meaning that once an event occurs, it is too late to purchase a policy or any type of travel insurance coverage related to it.
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