THE FINE PRINT Everything was canceled. But good luck getting that insurance money. Raise your hand if the sheer force of your anxiety has ever made you pay a little extra to insure your flight. Maybe you thought,You never know, a pandemic could hit. Well, the worst happened -- but all that worrying doesn’t seem to be doing much good. Turns out, canceling your flight because of a global pandemic is not covered in the policies of the 2 major flight insurers, Allianz and Travel Guard. When it comes to insurance, we’re all losers There are some exceptions to that travel insurance rule: If you had COVID-19, you might have gotten an insurance payout -- but only under certain conditions. In flight insurance lingo, you can’t be covered if there is a “foreseen” disaster. But insurers set their own rules about when the risk of catching COVID-19 was “foreseen.” For Allianz, you had to book before January 22. For Travel Guard, you had until March 11. COVID-19 patients who bought insurance after those dates: Tough luck. But flight insurers aren’t the only ones to totally flop during their moment in the spotlight. Small businesses, don’t hold your breath for a payout Back in 2006, small business insurers agreed that they wouldn’t cover any pandemic-related loss of business. Which means: Businesses facing a historic drop in customers are going to have a tough time getting insurance help. One lawyer told Marker there might be a workaround -- blaming a loss of income on the lockdown, not the virus specifically -- but it won’t be easy. Meanwhile, businesses facing looting damage have also struggled to get their money. A case in point: After multiple lootings, the sneaker reseller Rif LA only recouped 20% of its losses. But some insurers are feeling a little more generous. With so few people driving, car insurance companies have been handing out rebates. from Hustle
Well makes sense. All those who still bought tickets to travel after the pandemic is already confirmed, travel advisory has already been sent out were clearly traveling out of selfish reasons of taking advantage of cheap tickets with no regard to the safety and health of themselves or others. It would be too unfair for insurance companies to go out of their way to accommodate these covidiots. This is my first time of siding with insurance companies. If you still needed to travel out of necessity, then sure I will sympathize but if you were traveling out of personal reasons, then yeah you are on your own.
%% Exactly, besides the customer gave his word. NOW Robert R, cdc doc, said 10 times the VIRUS usa numbers; so really a 1% kill rate is O.1% kill rate= if his numbers ARE ACCURATE. EMOTIONAL/KNEE JERK ALMOST ALWAYS LOSES...………......……………………………………………………………………………………….[Progressive Insurance...….did give me a rebate check 2 months in a row]