dankeshoen, it depends on what type of travel insurance you have, from what company, and which policy and options you chose, but GENERALLY if you don't want to go to Thailand anymore that's not "cancellation" that's "change of mind" and is not covered. You can get that type of cover in some places, such as US, but World Nomads policies do not have it. Cancellation in our policies means if parts of your trip - flights, hotels, pre-paid tours etc - are cancelled on you, i.e. because of unforeseen circumstances the operator is unable to provide that service anymore. If that operator didn't give you a full refund, you'd be eligible to make a claim for the difference.
But can I add, I don't feel there's any need to cancel your trip given the current situation. The Thai junta is making it clear tourists are still welcome, and has lifted the curfew in lots of places popular with tourists (check out the list here: http://safety.worldnomads.com/thailand). But of course the decision abut what level of risk you're prepared to accept is up to you. about 5 years ago
We’re delighted to have you as a Nomad and contribute to this forum and the travel community. You’re a valued member. But I thought I’d add some balance to the discussion by putting our side to your comments here.
That’s correct things like war, terrorism and coups are General Exclusions. Without getting too "insurance-ey" let's just say there are some things that if they happened would leave the insurers open to (literally) incalculable costs and could send all the insurers in the world broke. There are two options to prevent that: charge an astronomically higher price for a policy, or exclude the event from the policy and keep the cost low - and still cover 99% of things that might happen to a traveller. That’s the brutal reality of doing business.
As to medical expenses - true, basic medical stuff is pretty cheap and probably below the “excess” (deductible) you’d pay on a claim, but to be frank, when you’re really hurt is when travel insurance pays off.
Even in Thailand intensive care/trauma treatment can cost thousands of dollars a day. If you need medical evacuation back to your home country it can cost at least $50,000 and probably more like $100,000.
Lots of people travel with laptops and other digital equipment, all of which is covered if your luggage is lost or stolen - that’s money to go travel rather than replacing equipment.
90% of Nomads have a trouble-free trip, and we’re trying to make that a larger number by giving safety tips etc. The problem is, there’s no way of telling if you’re going to be in the 90% or the 10%.
Does that make coverage ‘expensive” or unnecessary? That’s up to the individual, the level of risk they’re willing to accept and the value they place on that peace of mind.
It looks like you’ve made up your mind on it - and that’s great if you’re comfortable with that. As I said at the beginning, we’re delighted to have you as a Nomad and contributor to the travel community. Others may feel differently.
Cheers Jazzmanblues. Keep on travelling. about 5 years ago