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Tuesday, June 9, 2020

Will Americans Still Travel Abroad?

Above, the stage of Kiyomizu-dera in Kyoto. Photo by Armand Vaquer.

Will Americans still travel abroad? Right now, the is the 20 million dollar question.

Sure, some will and some will not. If there's strong indications that the coronavirus pandemic is over and if Americans can get travel insurance coverage that will cover cancellations for any reason, they'll go.

This is the topic of an article in Japan Today.

They begin it with:
NEW YORK - In the new reality of COVID-19, some Americans may still be willing to travel abroad - but they're going to make sure they're insured up to the hilt. 
U.S. travel insurers are seeing a surge in demand for highly priced "cancel for any reason" policies as holidaymakers planning to venture out in the months ahead seek the kind of comprehensive cover that was seldom seen pre-pandemic. 
With the prospect of countries moving in and out of lockdown restrictions to weather waves of the new coronavirus, travelers are taking few chances with their cover. 
Thousands were burned earlier this year when policies provided by websites, airlines and agents did not pay out when governments imposed travel bans. 
As destinations in Europe and Asia ease lockdowns, several U.S. industry figures told Reuters this week that holidaymakers booking for later in the year were paying around 40% more for insurance as a result.
To read more, go here

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