Squaremouth in the News

Chicago Tribune, Dec 22, 2020 – Once coronavirus travel restrictions end, vaccine hope has folks eager to hit the road. Will 2021 trips be to Europe — or just Michigan?

Chicago Tribune, Dec 22, 2020 – Once coronavirus travel restrictions end, vaccine hope has folks eager to hit the road. Will 2021 trips be to Europe — or just Michigan?

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Even with some added flexibility, sales of travel insurance policies that let people cancel a trip for any reason have grown 524% since before the pandemic, according to travel insurance website Squaremouth.

The upgraded “cancel for any reason” policy is more expensive and only reimburses travelers for 75% of lost funds, but will help travelers who cancel due to border closures or who simply get cold feet, said Squaremouth Chief Marketing Officer Megan Moncrief. Standard cancellation policies typically only cover losses if the buyer gets COVID-19 or is quarantined.

Read the full Chicago Tribune article online here: https://www.chicagotribune.com/business/ct-biz-2021-travel-outlook-covid-19-vaccine-20201222-mw5op7ci7ngcxnksjnnx5o56lm-story.html