When catastrophic events impact travel plans, travel insurance carriers release position statements identifying how coverage is affected. Policies purchased after an event is considered foreseeable will not cover situations related to that event. The following is a statement from Travel Insured. This statement is unchanged from the previous blog post Updated Statement from Travel Insured on the Volcanic Ash on 5/6/10.
May 5, 2010 – Airports around Europe have been recovering from the initial events of the Iceland volcano Eyjafjallajokull with commercial air traffic returning to normal on April 22, 2010. Travel Insured policies provide Trip Cancellation and Trip Interruption coverage for unforeseen events as defined in our policies to mean “not anticipated or expected and occurring after the effective date of coverage”.
Travel Insured customers who purchased policies between April 15 and April 22, 2010 are not eligible for coverage for events due to the eruption of Eyjafjallajokull and resulting ash cloud which grounded flights throughout much of Europe.
However, coverage continues to be available for Travel Insured policy holders for any new events that may be caused by future eruptions of the Eyjafjallajokull volcano, provided the policy is purchased prior to such future event.