subject: Logistics-related Travel Insurance Claims: What Is Paid? [print this page] Logistics problems are (fortunately!), more common than the serious medical events that induce many people to take out travel insurance. What is not fortunate is that many people don't realize that insurance cover even exists for these sorts of problems, and will simply chalk these events up to bad luck. Even the most basic travel insurance policies cover a wide range of logistics-related events, usually circumstances like cancellation and curtailment, missed connections, travel delays, and the additional cost of getting to non-delayable events. Here we take an in-depth look at the monetary levels of cover you can expect if you need to make a logistics travel insurance claim.
Cancellation and curtailment
If you've ever read the fine print on a hotel booking form or the terms of service for a flight, you might have had second, third and fourth thoughts about actually going! The cancellation fees can run into the thousands on long and extended trips, and you may be liable for quite a lot of money, through no fault of your own. You can make a logistics travel insurance claim under cancellation and curtailment if you have expenses incurred from cutting short or completely cancelling your trip due to illness, injury, death, jury duty, pregnancy, witness service or employment redundancy. You'll find standard levels of cover range up to:
$5,000 at the basic level of cover
$7,500 at the intermediate level
$10,000 at the highest level of cover
Missed departure or connection
Any additional accommodation you have to pay for and incidental travel expenses that result from you not being able to get to your scheduled transport on time are usually covered by logistics travel insurance claims. Note that if you cause yourself to be late your claim won't be paid this is an industry wide practice, naturally! The missed departure usually has to be due to another public transport failure to qualify. There are just a few policies that also cover delay caused by a traffic accident or vehicle breakdown. You'll need documentation to prove that it occurred, and you may be able to claim up to:
$750 at the basic level of cover
$1,000 at the intermediate level
$2,000 at the highest level of cover
Travel delay and abandonment
If your transport is delayed by 12 hours or more, your travel insurance will often pay incidental expenses associated with that; or alternatively covers the entire irrecoverable cost of the trip under the cancellation and curtailment cover. Maximum paid amounts for a delay on standard policies are:
$250 at the basic level of cover
$500 at the intermediate level
$750 at the highest level of cover
And maximum paid amounts for abandonment on standard travel insurance policies range up to:
$5, 000 at the basic level of cover
$7,500 at the intermediate level
$10, 000 at the highest level of cover
Resumption of trip
Good travel insurance,online companies will cover the cost of you purchasing flights to resume your trip, if you have an emergency that requires going back home. These are high-order emergencies like the death or disablement of a travelling companion, and being medically repatriated to your home country not your dogs having puppies or the like! Standard amounts paid by travel insurance policies are around:
$2,000 at the intermediate level
$3,000 at the highest level of cover
Travel carrier insolvency
This should be a watch point in your travel insurance comparisons. Many policies choose not to cover it (due to the mass nature of claims that may concurrently arise). The travellers that had flights booked with Ansett several years ago would have certainly appreciated this cover, though. It often applies to tour operators, travel agents etc, as well as airlines. Cover on standard policies is up to $5,000 when you buy the highest level of cover, and is not usually included in basic or intermediate policies.
by: Mark James
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