Common travel insurance misconceptions
Interview with CNBC, Street Signs, on how terrorism is effecting travel insurance.
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?