With so many enquiries on what travel insurance is covering, David gives you an update.
Several viewers have contacted us with queries about travel insurance. They want to know if warnings from the Department of Foreign Affairs and Trade (DFAT) have any impact on policies. A very valid point in the current political climate …
War and war-like activities are excluded from all travel policies and since September 11, most insurers have placed major restrictions on cover in the event of a terrorist act.
Some insurers have excluded all cover related to terrorism while others may provide cover for terrorism only in relation to medical and baggage costs.
Each case is different but basically if you do decide to cancel your trip in the event of terrorism, it is unlikely you'll be covered for cancellation costs.
Do your research check DFAT warnings, read all the fine print of your policy and if you aren't happy with the terms and conditions, shop around.
If you are unsure about any of the wording, ask your travel agent or travel insurer to explain it.
You can contact the Department of Foreign Affairs and Trade on 1300 555 135, or via their website at www.dfat.gov.au/travel