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Comprehensive travel insurance policies include cover for any cancellation fees or lost deposits relating to cancellation of the insured's person's trip for a range of unforeseen and unexpected circumstances. These include illness or injury, natural disasters and bad weather, [6] strikes and riots, [7] hijacking, and family emergencies. [8]
Cancellation of an insurance policy before the end of the policy period has the effect of ending the insurance coverage on the date of the cancellation. This can result in a partial return premium which can be calculated in different ways depending on the method specified in the policy.
Following the COVID-19 outbreak, airlines including American, Delta, JetBlue and United are taking measures to help slow the spread of the coronavirus.
Some of the causes of flight delays or cancellation include: Airline glitches. The top cause of flight delays, according to a USA Today analysis. [7] Congestion in air traffic [7] Earthquakes and tsunamis (e.g., in the event of 2004 Indian Ocean earthquake and tsunami, 2010 Chile earthquake, and the 2011 Tōhoku earthquake and tsunami) Fueling [8]
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Check for any cancellation fees or penalties you can expect if you decide to change carriers. If you’re too early in your current policy, your insurer may charge a fee of up to $50 to cancel.
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