What does curtailment mean in travel insurance?
This is one of the most common questions we receive about travel insurance. " curtailment is a term used in the airline industry, where it refers to the reduction of flight services due to limited availability of seats. It can apply to cancellations or flight delays, among other things.
What is curtailment clause travel insurance?
cancellation due to curtailment is a limited cancellation that only applies when your trip is due to mandatory or advisable travel restrictions related to coronavirus. The cancellation will be made for the full cost of the trip and any additional expenses, such as accommodations.
What do curtailment mean in travel insurance?
Some insurers have policies where they pay a percentage of costs when you have to make a claim. The percentage is known as the curtailment percentage. For example, if your flight is canceled, your airline might pay you a 75% refund on your ticket price. The remaining 25% would be deducted from the insurance provider's payment.
What is curtailment clause in travel insurance?
If you are unable to return home for any valid reason, your cancellation fees will be waived and you will be reimbursed for all the expenses you had to incur. However, if you cancel your trip because you did not get a refund for your travel insurance, you will need to pay a cancellation fee. This is a common clause and is usually stipulated in the fine print of your travel insurance policy.
What does curtailment mean in travel insurance quote?
If you're a frequent traveler, you probably know how stressful it can be to book and pay for travel weeks in advance. If you need to cancel your trip, you don't want your cancellation fees to exceed the cost of the trip itself. Fortunately, many insurers offer a curtailment benefit that can help you avoid having to pay cancellation fees.