cheryl
Administrator
Staff member
More Americans Traveling Abroad Won’t Leave Home Without Insurance - Insurance Journal
In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt.
U.S. travel insurers are seeing a surge in demand for highly priced “cancel for any reason” policies as holidaymakers planning to venture out in the months ahead seek the kind of comprehensive cover that was seldom seen pre-pandemic.
With the prospect of countries moving in and out of lockdown restrictions to weather waves of the new coronavirus, travelers are taking few chances with their cover. Thousands were burned earlier this year when policies provided by websites, airlines and agents did not pay out when governments imposed travel bans.
In the new reality of COVID-19, some Americans may still be willing to travel abroad – but they’re going to make sure they’re insured up to the hilt.
U.S. travel insurers are seeing a surge in demand for highly priced “cancel for any reason” policies as holidaymakers planning to venture out in the months ahead seek the kind of comprehensive cover that was seldom seen pre-pandemic.
With the prospect of countries moving in and out of lockdown restrictions to weather waves of the new coronavirus, travelers are taking few chances with their cover. Thousands were burned earlier this year when policies provided by websites, airlines and agents did not pay out when governments imposed travel bans.