Acts of Terrorism - Does your travel insurance cover for you?
The recent Paris shooting threw me into an overwhelming emotional space. My four adorable nieces, with my cousin and aunt were in the midst of their Europe tour and Paris was on the agenda. When the news broke, I scurried for my phone.
My cousin posted an update on Facebook that they had decided on a re-route at the last minute and not visit Paris and for all not to worry.
I broke down in tears, crying with joy that all were safe.
We live in uncertain times and, sadly in a world that 'does not pause to differentiate between the attacker and the person running from the very same thing that you are': terrorist attacks are not absent.
It is every tourist’s nightmare to be caught in a terrorist incident while overseas on holiday or at work.
When the worst happens, we trust that our travel insurance will provide us with the peace of mind and the security blanket needed in emergency -- 24 hour travel assistance services and financial help to arrange and pay for alternative accommodation or flights home, and medical assistance including paying for medical bills or medical evacuation/repatriation.
The golden question to consider: Does it?
Travel insurance: the price to pay ... it is all in the fine print
Does your travel insurance provide the comprehensive protection including terrorism while you travel?
One could be surprised, shocked even, that most travel insurance do not cover acts of terrorism.
Insurers’ definition of terrorism
“Any act committed by a person or group of persons for political, religious, ideological or similar purposes with the intention to influence any government and/or puts the public in fear, risk of injury or death.”
Unfortunately, the exclusions for terrorism are not usually highlighted upfront but buried in the fine print of policy documents. Such exclusions effectively give the insurer the right to turn down any terrorist related claims.
Some insurers do offer partial cover while others offer more comprehensive covers without any exclusions to terrorist activity.
It could be useful to know what you can claim for, following a terrorist attack:
- Damaged belongings (clothes, watches, cameras, etc.)
- Trip cancellation or interruption eg. alternative accommodation and delayed flights including flights home
- Medical costs, evacuation and repatriation (treatment at country of attack or for more serious injury to be flown home for treatment)
Additional coverage may include:
- Food poisoning
- Sickness or disease
We at GoBear are deeply saddened by the loss of so many innocent lives in Paris on 13 November 2015.
Our thoughts and prayers are with the families of the victims and the French people during this difficult time.