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It has become even more important to purchase travel insurance for your upcoming trips. On May 31st, Airbnb will end its COVID-19 refund policy.
Many other travel companies have also changed or eliminated their COVID-19 policies on cancellations, despite travelers reporting concerns about COVID-19 impacting their vacations. In fact, according to travel insurance aggregator Squaremouth.com, 42% of travelers searching for policies were specifically looking for coverage that would protect their insurance if they contracted COVID-19. increase.
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Just as international vacations are reaching post-pandemic highs, international travel may have the biggest impact on travelers. International travelers are required to present her negative COVID-19 test at some destinations, and a negative test is required before re-entry in the United States.
Squaremouth said that while travel companies such as hotels and airlines have ruled out COVID-19 as a reason for canceling refunds, the majority of travel insurers are still dealing with the issue of COVID-19 infection, It points out that it offers a policy to provide compensation in case of one. Need for quarantine.
Depending on the plan, the traveler may be refunded 100% of the prepaid costs if the trip is cancelled. It also covers medical expenses while traveling and any additional costs incurred if the traveler catches her COVID and is stranded at the destination.
Squaremouth.com experts suggest insuring otherwise non-refundable expenses, such as vacation rentals and airline tickets, and you can expect to pay about 10% of your total travel expenses.
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