Sabers are being rattled on the Korean peninsula and travelers are calling about coverage in case they have to cancel due to a war or an act or threat of war. Does travel insurance provide coverage. Probably not unless the traveler buys “cancel for any reason” coverage(CFAR).
Rudy Maxa’s World with guest John Cook
The bottom line is that travel insurance probably doesn’t cover a delay or missed flight due to long TSA lines. Why? Because coverage designed to insure your trip, such as trip cancellation/interruption, travel delays and missed connections, is named “peril coverage,” and long lines are not considered perilous.
You know what events you want to be covered for, but what about the rest of your traveling companions? What events are they concerned with? Would you travel without them if they had to cancel? Would they travel without you if you had to cancel?
It’s no mystery that travel policies have limitations and exclusions. A good policy is one that covers a lot of ground. While there are several really good plans out there, it would be nice if insurance companies would changed a few things to make them even better, the following is a small list of things I’d love to see changed.