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PERSONAL FINANCE: Volcanic Ash and travel insurance

01.05.10

No one could have imagined the chaos that the eruption of faraway Iceland’s Eyjafjallajokull volcano could cause to air travel to and from Europe, as the ash cloud drifted across the continent and beyond. Were you one of the hundreds of thousands of people whose vacation, business trip, or return to school, was disrupted?

This unprecedented event left many travellers wondering if their travel insurance would cover the additional costs they incurred from unexpected hotel stays, meals and taxi fares from long delays and cancellations; costs that they had never anticipated.

Most insurance companies view volcanic eruptions as “Acts of God” and as such do not consider them to be “insurable events”. However, the way in which European insurers have handled such claims vary widely, and some policies do have more generous terms and conditions than others.

Source: NEXT

travel insurance for people with medical condition - News

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