![]() ![]() ![]() Many of these actions have resulted in businesses cancelling or postponing events and closing or limiting business operations indefinitely. In response to the COVID-19 pandemic, federal, state and local governments and health authorities have issued declarations of emergency, proclamations and orders intended to slow the spread of the virus. Consider the following questions: Is a vehicle rental and airline tickets included in your package? Do they provide coverage for unforeseen circumstances such as delays or cancellations? What about weather-related cancellations, natural calamities, or political unrest? How far in advance do you need to purchase travel insurance to be covered for a trip? Decide whether it makes sense for you when you’ve learned what’s covered and what isn’t.Written By: Steve Lawrence & Miranda Preston You’ll need to look up your travel insurance coverage to see if you’re protected. ![]() However, each has its own set of advantages and disadvantages. ![]() Both are intended to protect your financial investment in the event that something goes wrong with your trip-in other words, they can assist you in recouping some of your money if your travel plans go awry. What Are Your Alternatives? Most individuals aren’t aware that there are two forms of travel insurance to choose from: trip cancellation and trip interruption insurance. If such an occurrence causes your cancellation to be covered by your policy, it will only be partially reimbursed depending on how much notice you provided when booking. Keep in mind that no insurance coverage will cover natural disasters such as volcanic eruptions or floods. If you’re concerned about weather, travel conditions, or other acts of God, Cancel For Any Reason coverage provides you with peace of mind so you can keep your plans on schedule. The Affordable Alternative – Cancel For Any Reason Coverage But what if that doesn’t happen, and you’re left with no other options? What if the only thing you could do was forget about it and try again later? Most people wouldn’t let that stop them-and they shouldn’t-but if you need a little additional aid with piece of mind, cancellation insurance might be worth looking into. In these instances, your airline ticket contract entitles you to refund. Alternatively, you may have an unexpected injury that prevents you from traveling. Trips are occasionally canceled through no fault of your own: your airline cancels your flight due to an act of God or another unforeseen circumstance. Let’s get this party started! Is Cancellation Insurance Worth it? Today, we’ll discuss what to look for when purchasing Trip Cancellation Insurance, as well as why you need it if you’re traveling outside the nation (or even in it). If something goes wrong, and you don’t have Trip Cancellation Insurance, your money is at danger. Traveling can be fantastic, but there’s always the possibility that you’ll be delayed or canceled, ruining your trip. ![]()
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February 2023
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