A recent Squaremouth report shows the percentage of customers purchasing travel insurance using the site's "Terrorism" filter — which allows travelers to narrow their search results to show only policies that include Terrorism coverage — has nearly tripled. As interest in Terrorism coverage continues to surge, it's important for travelers to understand the requirements.
Understanding Terrorism Coverage
"Fear of terrorism, or the speculation of a potential attack, is not enough to trigger cancellation coverage," said Squaremouth spokesperson
Before any specific requirements come into play, the incident must first be deemed an act of terrorism by the
- The attack must occur within 7-30 days of your departure date
- The attack must occur in or near a city on your itinerary
- Your travel insurance policy must be in place before the attack occurs
What about Cancel For Any Reason? Travelers who upgraded their policy to include this benefit can cancel their trip if they're afraid to travel due to the increased risk of terrorism, but there are some limitations. With this coverage, you must cancel at least 2-3 days before you're scheduled to leave, and you will only be reimbursed a portion of your trip cost, typically 50-75%.
Alternative Destinations Gain Traction
The Squaremouth trend report also showed significant growth in travel insurance sales for alternative European destinations following recent terrorist attacks in
One month following the attack in
"There is a common misconception that if an attack happens, then you can't get travel insurance for a future trip to that destination," Taft said. "While you can't buy coverage for an attack that already occurred, most policies will still provide coverage if another attack happens in the future."
Navigating the Fine Print
However, there are some policies that exclude coverage for a terrorist attack if previous attack has occurred in the same destination within a certain period, usually the past 30-90 days. Travelers who are concerned about terrorism affecting their trip can use a travel insurance aggregator like Squaremouth to compare policies and find the right coverage.
"Customers often call us to talk through the different options and to make sure they understand the coverage they're getting," said Squaremouth Director of Customer Service
Squaremouth is an online company that compares travel insurance products from virtually every major travel insurance provider in
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