Insurance can help, too. But its usefulness is limited, as many travelers have discovered during the current pandemic.
“All travel insurance policies have a list of exclusions,” says Terry Boynton, president of Yonder Travel Insurance, a travel insurance comparison site. “The reason for these exclusions, like a global pandemic, is that insurance companies must be able to assess the risk for a covered event to determine the pricing of the product. In cases like pandemics, the risk is extremely difficult to calculate because of its unpredictability.”
Travel insurance still covers a cancellation if you get sick and are quarantined. “There is also cancellation coverage for the financial repercussions of the pandemic, such as [a customer’s job layoff] or if a travel supplier goes insolvent,” says Kasara Barto, a spokeswoman for Squaremouth.com, a travel insurance site.
However, most standard travel insurance policies exclude pandemics. For coverage that doesn’t, you’ll need a more expensive “cancel for any reason” policy. They cost 10 to 12 percent of the price of your vacation and refund part of your vacation costs if you decide to cancel.
Read the full Washington Post article online here: https://www.washingtonpost.com/lifestyle/travel/how-to-protect-your-next-trip-against-a-pandemic/2020/04/29/37e0857a-88aa-11ea-8ac1-bfb250876b7a_story.html