Terror cover differences highlighted

Travel insurance

KeyboardIn light of the Nairobi mall attacks, Squaremouth, a US-based insurance comparison website, has looked at the different position statements of its US travel insurance providers. For customers with Travelex insurance, cover would be provided, according to the following statement: “For travellers who purchased Travelex travel protection prior to 21 September 2013, Terrorist Act coverage will be in effect with regards to the recent mall attack occurring in Nairobi. Coverage will apply to travellers who are currently in, or are scheduled to travel to, this destination, provided the Terrorist Act occurs within 30 days of your scheduled departure date.” CSA Travel Protection and Geo Blue both issued this statement: “Customers are strongly encouraged to read their Description of Coverage or Insurance Policy for details regarding their available coverage. For plans that do offer coverage for terrorist acts, please note that there is no coverage for this specific act under any plans purchased on or after Saturday 21 September 2013.” HCC Medical Insurance Services said: ““HCCMIS excludes coverage for terrorism related claims if the US Department of State has issued a travel warning and the member has chosen or refused to depart from that country after the travel warning is issued. The US  Department of State issued a travel warning in the country of Kenya on 5 July 2013.” iTravelInsured’s statement, meanwhile, read: “iTravelInsured plans would not provide coverage against a Terrorist Incident occurring in Nairobi if travel insurance is purchased on 22 September 2013 or later. Nairobi and the area within 120 miles of Nairobi must remain incident free for at least 90 days and no travel warnings issued by the US State Department in order for a Terrorist Incident to be covered for Nairobi in the future.” RoamRight said: “For travellers who are planning trips to the area, RoamRight policies will provide coverage if your effective date of coverage was prior to 21 September 2013, your departure date is within the next 30 days (prior to 21 October 2013) and Nairobi is listed as a destination on your itinerary.”

The above shows the wide range of cover available to travellers worried about terrorism affecting their travel plans, and highlights the importance of  travellers reading their policies to make sure they know what they are (and more importantly, aren’t) covered for. More information about what provisions travel insurers are making in their policies for terror events can be found in ITIJ’s News Analysis on p10.