US travellers opt for high Covid risk countries for holidays
Travel insurer Squaremouth reports that 44 per cent of trips being booked in the US are now to countries listed as a Level 4 risk, the highest risk of contracting Covid-19
Most travel insurance policies do not provide cancellation coverage for Department of State travel alerts. Only four of the 94 policies currently available on Squaremouth include cancellation benefits for government-issued travel advisories. However, in order to have coverage, the policy must be purchased prior to the date the advisory is issued. This means it is too late to purchase a policy for any country with a current Level 4 travel advisory.
Some benefits are still available
Travel insurance policies typically provide coverage worldwide, and most insurance companies are still providing cancellation and medical benefits for contracting Covid-19. This means, even if there is a travel advisory at the insured’s destination, benefits are still available.
“Most issues our travellers have experienced throughout the pandemic weren’t directly caused by contracting Covid-19, but other related circumstances,” commented Squaremouth Spokesperson, Megan Moncrief. “These new advisories may make travellers concerned about their health and safety at their destination. Likewise, they could cause a domino effect of border closures or other travel requirements. For these reasons, Cancel For Any Reason is the best option.”