St. Petersburg, FL February 16, 2012 – The European travel strike in Belgium and France has travelers questioning whether travel insurance will protect them if their trip is affected by the strike. According to Squaremouth.com, a site for comparing and purchasing travel insurance, travelers should not buy a travel insurance policy to protect them in the event their trip is delayed, interrupted or cancelled because of the Belgium or French strikes.
“Although many travel insurance policies can cover someone in this type of situation, once the strike has been announced, new policies will not cover anything caused by that strike,” says Chris Harvey, CEO of Squaremouth.
Although standard travel insurance coverage is no longer available for these strikes, some travelers may be able to buy a travel insurance policy with the upgrade Cancel for Any Reason benefit. In the event someone wants the option to choose whether to take their trip, Cancel for Any Reason allows someone to cancel their trip without an explanation. However, to qualify for this benefit, travelers must purchase a travel insurance policy within 14-30 days of the initial deposit payment.
“In addition to an increase in premium, travelers should not expect a full refund like standard Trip Cancellation offers,” explains Harvey. “Most travel insurance policies with Cancel for Any Reason will only reimburse up to 75 percent of the trip cost.” Global Alert, a travel insurance providers, is the exception with policies that offer a refund up to 90 percent of the trip cost.
Travelers who purchased travel insurance prior to the announcement should look in their travel insurance policy to see what coverage is available. They should look within the travel insurance certificate under the definition of trip cancellation and trip interruption for the keyword strike. Policies that specifically mention strike will usually reimburse non-refundable trip costs if airline delays last for a significant amount of time.
In addition, most travel insurance policies purchased prior to the strike will offer coverage for Travel Delay and Missed Connection. Travel Delay will reimburse the costs of food, lodging and local transportation during a delay, while Missed Connection will help alleviate the cost to catch up to the trip. Depending on the travel insurance policy, the delay must last for anywhere from 3 to 24 hours before coverage is available.
Squaremouth is America’s fastest growing travel insurance comparison site, helping customers instantly quote, compare and buy policies from every major carrier. Squaremouth has web sites in the US and UK, and an extensive network of partner sites worldwide. The company is headquartered in St. Petersburg, FL., with offices in Fort Wayne, IN. Visit Squaremouth.com or Squaremouth.co.uk.
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