Travel insurance experts offer advice amid fears over the outbreaks of COVID-19.
Passengers wear masks as a precautionary measure against the new coronavirus as they travel Wednesday through Guarulhos International Airport in Sao Paulo, Brazil.around the world, travelers are reconsidering their 2020 vacation plans. For many, that means canceling trips. For others, it means looking into travel insurance.
HuffPost spoke to industry experts to find out the good and not-so-good news about travel insurance and trip cancellation coverage amid the coronavirus outbreak.or quarantine interruptions, standard plans generally don’t cover preemptive trip cancellations based on concerns about an epidemic. If your January trip was affected by the coronavirus outbreak, you may still be eligible for some reimbursement. As an
If you do choose to cancel the trip, you may have to do so at least 48 hours before the departure date in order to qualify for reimbursement. Most versions of CFAR plans also reimburse travelers for only 50% to 75% of their prepaid nonrefundable trip cost. Several credit cards offer trip cancellation and interruption insurance as a benefit when you charge travel expenses to your card or account’s rewards program. Examples include select American Express and Chase cards, including Amex Platinum, Delta SkyMiles Reserve, Chase Sapphire Preferred and Chase Sapphire Reserve.
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