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Are insurers going to ruin air travel's recovery?

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Are insurers going to ruin air travel's recovery?

Old 14th Apr 2020, 16:56
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Are insurers going to ruin air travel's recovery?

I have just had my travel insurance renewal invitation come through, for an annual policy with a sailing specialist insurer. Quite a pricey policy but high qualify and with generally lots of cover worldwide.

Just one snag. Covid-19 is excluded, together with all its aspects like cancellation. If this is the new normal, just who who is going to risk travelling abroad and particularly outside the EHIC area?
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Old 14th Apr 2020, 17:32
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Someone who’s already had it?
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Old 14th Apr 2020, 18:32
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Bob - today’s UK Daily Telegraph reported this below.

Quote.

”Air fares could double when lockdown is lifted, making foreign holidays temporarily unaffordable for many British families.

The Telegraph understands ticket prices are set to surge because once non-essential foreign travel is once again allowed, aircraft carriers are likely to be barred from fully filling planes.

This is in order to ensure passengers keep a safe distance from each other while onboard. Last night an industry source said it is expected that aircraft carriers will be given social distancing guidance, which they will be asked to enforce for passengers”.

Unquote.

I guess that the insurers are already contemplating packed economy flights and bustling airports and wondering “Hmmmmm”.
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Old 14th Apr 2020, 18:59
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Airbus better donít stop the 380 production then.....
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Old 14th Apr 2020, 19:48
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Air fares could double when lockdown is lifted, making foreign holidays temporarily unaffordable
This is not the case at the moment , you can now book tickets on line with most majors in Oct/Nov for about same prices as before Covid...sometimes even cheaper .
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Old 14th Apr 2020, 19:55
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Are insurers going to ruin air travel's recovery?
What recovery?
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Old 14th Apr 2020, 21:29
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Most travel insurance already excludes costs related to a Pandemic, so really nothing has changed except we have a name for this pandemic.
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Old 14th Apr 2020, 21:36
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it is expected that aircraft carriers will be given social distancing guidance, which they will be asked to enforce for passengersĒ.
They are taking passengers now? Donít think Iíd like to travel on the USS Roosevelt!
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Old 14th Apr 2020, 23:30
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The air filtering while being a sardine is almost irrelevant.

Countries that require medical cover for tourists won't take kindly to Covid-19 exemptions.
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Old 15th Apr 2020, 07:08
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I think that insurance and COVID spacing will be the least of our problems when only the very rich will be travelling. The requirement for high density operations have all but disappeared. Fly/Cruise will only be the domain of the well heeled client. Scarborough, Bournemouth and Brighton will become the new norm for the masses as it was in the 50's. Taxation penalties on second homes will render them unsustainable and unsaleable for most. I do not expect aviation to return to any more than 25% of pre-COVID volume in my lifetime. The new world order is already here.

IG

Last edited by Imagegear; 15th Apr 2020 at 09:28.
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Old 15th Apr 2020, 12:07
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Would you really expect any insurer to cover a high risk except at a high premium?
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Old 15th Apr 2020, 12:47
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Very true, but that isn't really my point, which is that it had never previously occurred to me that insurance might be the make or break. Obvious, but only in handsight!
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Old 15th Apr 2020, 19:09
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Is it not about time we stopped panicking about every "report," "expert's warning" and "spokesperson's prediction" that comes up in the media.
First, most of them know no more than the man on the Clapham omnibus who has proved to be just an average idiot. For every "study" that is reported I guarantee you will see another reporting almost exactly the opposite. The cycle used to be about two to three years but lately it is down to about a month!
I have seen prognostication from travel experts that between Norovirus and Covid Virus the cruise industry is doomed, yet the cruise companies are reporting a 40% increase in bookings for 2021. (Soon to be reported as a 25% decrease I am sure.)

I would not care a damn but unfortunately Mrs VJ comes up with wonderful recipes for Irish Stew or Belly Pork which turn out not so well. On further examination the fine 'expert" who puts them on line appears to be a housewife from Ethiopia! Madam's latest, just thrown out from her position on the settee, is a chocolate avocado pudding. I think it comes from a "Well known chef" hunkered down in an Icelandic communal sauna. Are chocolate avocados a thing in Iceland?
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Old 15th Apr 2020, 20:16
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aaah that Clapham omnibus again...

Reminds me of that lady standing shoulder to shoulder with me in the bus across the expanse of (airside) LHR, taking us to board the Tristar, destino Trinidad.

"does this bus stop at Clapham" ? she asked me. Seriously......
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Old 15th Apr 2020, 21:30
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Originally Posted by ChrisVJ View Post
Is it not about time we stopped panicking about every "report," "expert's warning" and "spokesperson's prediction" that comes up in the media.
...I have seen prognostication from travel experts that between Norovirus and Covid Virus the cruise industry is doomed, yet the cruise companies are reporting a 40% increase in bookings for 2021. (Soon to be reported as a 25% decrease I am sure.)
?
I wonder if that 40% spike in forward cruise bookings is because the cruise companies are not giving refunds for cancelled 2020 sailings but instead offering changed dates? I mean, who in their right mind would book and pay for a cruise now on a charnel house afloat with a company whose continued existence is itself in doubt?
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Old 16th Apr 2020, 02:55
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Very possibly, hence the %25 decrease when government mandates return of money (as some have done to airlines,) Then there will be an increase when cruise companies have to offer 25% fares to get things going again and then another decrease after they have another Norovirus and the media make hay.
And so it goes!

Still my opinion of "experts" and "reports" and "studies."
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Old 16th Apr 2020, 04:08
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Still my opinion of "experts" ............[/QUOTE]
[QUOTE]

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Old 16th Apr 2020, 04:26
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War Risk is generally excluded as well. It might be worth actually reading the policy you ticked the box on to see what's covered when you book your next holiday. High risk activities such as skydiving and skiing are normally not covered either. SCUBA diving is often highly conditional regarding depth and degree of risk.
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Old 16th Apr 2020, 04:47
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Originally Posted by krismiler View Post
War Risk is generally excluded as well. It might be worth actually reading the policy you ticked the box on to see what's covered when you book your next holiday. High risk activities such as skydiving and skiing are normally not covered either. SCUBA diving is often highly conditional regarding depth and degree of risk.
But renting a motorcycle in Bali might be OK provided you have an international drivers license?
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Old 16th Apr 2020, 06:03
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X is the unknown quantity, and a spurt is a drip under pressure !
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