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What To Do When Not Just Any Travel Insurance Will Do - Forbes
To celebrate her 60th birthday, Andrea Shelly booked a trip to Tanzania and Rwanda through Butterfield & Robinson, a luxury tour operator. She planned to bring her adult children on the two-week adventure. But with a $130,000 price tag, Shelly knew that ordinary travel insurance wouldn't do -- and she was right.
A few months before her planned departure, one of Shelly's sons got a promotion and the family decided to postpone their African safari.
"It didn’t feel like it was appropriate to take so much time off as a newly-minted associate," explains Shelly, a real estate investor from Irvine, Calif.
Had Shelly bought a garden-variety travel insurance policy with named perils, she'd be out of luck. A work promotion isn't covered by most travel insurance policies. She'd be on the hook for tens of thousands of dollars in nonrefundable charges.
To celebrate her 60th birthday, Andrea Shelly booked a trip to Tanzania and Rwanda through Butterfield & Robinson, a luxury tour operator. She planned to bring her adult children on the two-week adventure. But with a $130,000 price tag, Shelly knew that ordinary travel insurance wouldn't do -- and she was right.
A few months before her planned departure, one of Shelly's sons got a promotion and the family decided to postpone their African safari.
"It didn’t feel like it was appropriate to take so much time off as a newly-minted associate," explains Shelly, a real estate investor from Irvine, Calif.
Had Shelly bought a garden-variety travel insurance policy with named perils, she'd be out of luck. A work promotion isn't covered by most travel insurance policies. She'd be on the hook for tens of thousands of dollars in nonrefundable charges.