NEW YORK, NY–(Marketwire – April 23, 2010) – The US Travel Insurance Association reports that most of its member companies are providing coverage to travelers affected by trip cancellations and delays arising from the volcanic eruption in Iceland. To qualify for coverage, the travel insurance policy must have been purchased prior to the volcano eruption.
“Travel insurance covers travelers in any number of situations. Under the current circumstances, where ash has grounded thousands of flights, travelers are covered because their flights have been cancelled or delayed due to weather; a destination is made uninhabitable; an airport closed for 24 hours or more, and/or airline service has ceased because of natural disaster,” explains UStiA president Jim Grace.
Travel insurance coverage in such situations generally falls into two main categories:
- trip cancellation and interruption provides reimbursement for nonrefundable travel expenses such as airline tickets, prepaid tours, cruises, etc.
- trip delay reimburses expenses incurred, such as hotel accommodations, meals, etc. up to set limits.
In addition, all companies are providing assistance services for travelers who are stranded abroad. Such services include help in rebooking flight arrangements, finding hotel accommodations, facilitating money transfers, notifying work/family, etc.”
Popularity: 15% [?]
