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When the Coronavirus hit, travelers mid-trip and with upcoming plans were scrambling to figure out if their travel insurance would cover unanticipated delays and cancellations during a global pandemic. Answers were a mixed bag. Today, there are new answers as travel insurance policies adapt to a new, much different world of travel. If you’re thinking of traveling this during the COVID-19 pandemic, packing a travel insurance policy is highly recommended.
Travel insurance helps cover unexpected events, like a weather event, theft, lost baggage, and depending on your policy, much more. Once an event becomes a "known" event, it may not be a covered reason for cancellation if a traveler purchased the policy after the “known” date. On January 21, 2020, the Coronavirus disease 2019 (COVID-19) became a named/known event, and on March 11, 2020, the World Health Organization declared the Coronavirus outbreak a pandemic, which affects travel insurance coverage available for new policies purchased.
But in an always unpredictable world, purchasing travel insurance today is still a smart decision to help cover the gamut of unforeseen scenarios and potential concerns about traveling during the pandemic. Comprehensive travel insurance is your surest bet and includes these coverages (some of these coverages can be purchased as stand-alone policies as well):
IMPORTANT NOTE: These benefits are very common for comprehensive travel insurance policies, but they can vary per plan. Benefits may also be time sensitive. Be sure to read the policy details carefully before purchasing. Policy exceptions may apply if you are traveling to a country with a Travel Health Notice issued by the CDC. Trip Interruption and Cancel For Any Reason coverages are not available to non-U.S. citizens/permanent residents.
If you are planning vacation rental getaway with services such as Airbnb, Vrbo and HomeAway, vacation rental coverage is a separate policy you may want to consider. Coverage is intended to help cover expenses related to accidental damage that may occur to the rental property, which may include broken items like lamps, windows, doors and electronics.
This content is for informational purposes only. Consult your actual insurance policy for details regarding terms, conditions, coverage, and exclusions.