ST. PETERSBURG, Fla., Jan. 9, 2015 /PRNewswire/ -- Following the recent shootings in Paris, France, travelers with plans to visit the popular destination may be concerned with their safety. Squaremouth, America's fastest growing travel insurance comparison site, answers the three most popular questions about travel insurance coverage for the Paris attacks.
Does travel insurance cover a terrorist attack?
Most Trip Cancellation policies include "terrorism" as a covered reason to cancel a trip. In order to be covered under this benefit, the attack must meet a policy's definition of "terrorism". Common requirements include: the event being deemed a terrorist attack by the United States Government or reasonable governing bodies, the event occurring in a city listed on the Insured's itinerary, and occurring within 30 days of the Insured's scheduled arrival date.
If a traveler already has a policy, and the recent attack meets their policy's definition of "terrorism", they may have coverage to cancel their trip and be refunded for any prepaid and non-refundable trip costs they insured.
Can I get terrorism coverage if I purchase a policy after the attack?
Unfortunately for travelers who are concerned about the Paris attacks, but have not purchased a policy, it is too late to purchase one for coverage related to these events. Travel insurance is designed to cover "unforeseen events". Because the attacks occurred on January 7th, any travel plans purchased after that date will not cover any events related to the original attacks.
What if I am too scared to travel?
Fear of traveling due to terrorist activity is never a covered reason to cancel. Travelers who want this option should consider purchasing a policy with the Cancel For Any Reason upgrade. This benefit allows travelers to cancel a trip for any reason, including fear, and be reimbursed up to 75% of their trip cost. To be eligible for this benefit, travelers must purchase the policy within 21 days of their first booking date, insure 100% of their trip cost, and cancel their trip at least 48 hours before their departure if they choose to use it.
To keep travelers informed about travel insurance coverage for terrorist activity, Squaremouth launched the Terrorism and Travel Insurance Information Center. This webpage is updated as official travel insurance provider position statements, FAQs and travel warnings become available.
Squaremouth.com compares travel insurance products from every major insurance provider in the US. Using Squaremouth's comparison engine and customer reviews, travelers can research, compare and purchase insurance. More information: www.squaremouth.com.
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