If you were planning to travel to China for Chinese New Year on January 25, 2020, and no longer want to go because out the coronavirus outbreak, unfortunately standard travel insurance policies will not reimburse you to cancel your trip.
Fear of traveling, or simply not wanting to travel because your trip may not go exactly as planned, is not covered by standard travel insurance policies. The only way travel insurance can cover you to cancel an upcoming trip to China just because you no longer want to go due to the virus outbreak is through the Cancel For Any Reason benefit. This is an optional upgrade that can be added to some policies, and typically increases the premium by about 40%.
In order to be eligible for this benefit, most policies require that you buy your policy within 14-21 days of making your first trip payment, and you must insure your entire trip cost. In order to cancel under this benefit, you must cancel your trip in its entirety at least 2 days before your scheduled departure date. This benefit can reimburse up to 75% of your trip cost.
This information may vary based on the travel insurance policy. If you have questions about a specific policy, please contact us directly at 800-240-0369. Our customer service representatives are available from 8am to 10pm ET, seven days a week, and are delighted to help!