Travel Insurance Options are Limited
If someone cancels a trip because they’re worried about being exposed to an illness, standard trip cancellation policies rarely will cover those losses.
Travelers can upgrade to policies that let them cancel a trip for any reason, but premiums can be 40% greater than those on standard packages, and they often only cover about 75% of the person’s losses.
Cancel-for-any-reason policies must be purchased at the time of booking or shortly thereafter. Some travel insurance providers have stopped offering those policies, but that doesn’t mean travelers are out of luck. One insurance company reported there weren’t many claims because travelers affected by the outbreak were being reimbursed by airlines and other travel suppliers, said Kasara Barto, spokeswoman for travel insurance website Squaremouth.
Read the full MSN article online here: https://www.msn.com/en-us/travel/news/changing-that-flight-heres-what-you-need-to-know-about-traveling-during-the-coronavirus-outbreak/ar-BB1emul2