Calls about travel insurance are also rising. Some people who bought insurance and now want to cancel their trip because of anxiety are finding out that the insurance won’t help, said Megan Moncrief, marketing manager for SquareMouth.com, a travel-insurance-comparison website.
“That really is canceling out of fear, and it’s not covered by most standard policies,” she said.
Moncrief said consumers can buy a policy that lets them cancel for any reason, but it will cost 40 to 50 percent more than standard policies that run about 6 to 11 percent of the trip’s cost.
Read the full article online here: http://www.foxbusiness.com/markets/2014/10/17/travel-agents-say-most-people-are-sticking-with-their-bookings-but-few-cancel/