The changing world of travel insurance in uncertain times
The calendar has finally turned to 2021, and we’re all hopeful of a year that’s very different to the last. Never-the-less, we’re still deep in the midst of the global health crisis and its many economic repercussions. With the times unclear, borders closing and opening at the whim of their governments, and confusion as to whether ‘green list’ travel is safe, what can a person do? Hencilla Canworth and Performing Arts Travel Insurance take a look at how the COVID-19 pandemic has changed the face of travel insurance- possibly for the better.
Exposing weaknesses in the travel insurance industry
For many travellers who didn’t take much care when shopping for their travel insurance, the sudden onset of travel bans relating to the coronavirus pandemic brought a short, sharp lesson in why you should always read the fine print. They found themselves uncovered for hospitalisation costs resulting from the illness and many other costs they assumed would be covered.
Of course, we cannot place blame solely on their shoulders. It definitely exposed some holes in how travel insurance works (especially mass/cheap travel insurance), and one good thing sure to come from the knock-on effects of the pandemic will be a revision in how travel insurance does business.
Here at Performing Arts Travel Insurance, we’ve always believed in taking a more structured approach to travel coverage. That’s why we offer insurance specifically tailored for such a specialist niche, after all! When you have a more intimate connection with the company covering your insurance needs- and have more leeway to tailor and structure a policy around your precise needs- it’s easier to ensure that the client fully understands their coverage. This, of course, makes it easier to deliver the policy you need each and every time you travel- with no hidden costs or hidden exclusions.
Start-and-stop coverage
Perhaps the most important aspect of business travel at the moment is just how chancy it can be. Borders are opening and closing almost daily, and it’s not always predictable. You may even get hit with a situation where part of your band or crew can travel and part cannot, simply due to conflicting travel advisories from separate areas. It’s no longer the best of ideas (although sometimes unavoidable) to have members of your team travel from different global locales.
Finding a travel insurance partner that cares is key
With many aspects of the COVID-19 health crisis still unfolding around us, there is no roadmap as to best economic practices. The last time the world saw a pandemic of similar proportions, it was 1918- before mankind’s first powered flight! So we’re all in this together, and in many ways, we’re all still trying to find that infamous ‘new normal’ in which to operate confidently.
So, sadly, no one is getting everything right 100% of the time, and that goes for the travel insurance industry too. With that said, however, finding a firm that’s on your side and willing to work together to make things as smooth as possible under this globally unique circumstance is the best way forward for a smoother, safer and better travel insurance experience.
That’s why we have our skilled and experienced team on hand ready to help you no matter what. If you have cares and concerns about your policy, you are welcome to reach out and connect! We’ll do our very best to walk you through what we can and can’t help with at this disjointed time, how your coverage will be impacted by the coronavirus crisis, and any other concerns you may have.
We understand that this is a globally trying time, especially for people trying to earn a living. Travel is essential to your work, not a luxury you can postpone at whim. While Performing Arts Travel Insurance can’t cure all the worries you may have about travel at this uncertain junction in world history, we can help you harness the power of our travel insurance expertise to give you some peace of mind. Why not reach out to us today, and find out how we can make a difference in your world?