HOW DOES TRAVEL INSURANCE PLAY INTO THIS?
Standard travel insurance policies, which are notorious for loopholes and exceptions, likely will not cover much if the coronavirus outbreak affects your trip threatening non-refundable deposits on big ticket items like cruises, all-inclusive resort stays or prepaid hotel and rental cars. Here’s what travel insurance website Squaremouth says: “Virus outbreaks do not fall under the standard cancellation reasons on most travel insurance policies. While travelers are advised not to visit affected destinations, they are not prevented from doing so. In simple terms, travel insurance cancellation benefits are designed to reimburse travelers who are prevented from traveling due to a specific list of reasons, like weather or an illness.”
However, more expensive “cancel for any reason” policies will likely pay up (at least partially) if you decide not to take a trip due to your fears.
Read the full San Francisco Gate article online here: https://www.sfgate.com/travel/article/Coronavirus-outbreak-travelers-FAQ-tips-15017865.php