UK travel insurance companies are receiving a high volume of customer queries amidst the ongoing conflict in the Middle East.
The prices of aviation fuel have increased, and many travellers are concerned about the possibility of flight cancellations amid fuel shortages. Up to 40 per cent of Europe’s jet fuel is sourced via the Straight of Hormuz, which lies between the Persian Gulf and the Gulf of Oman, and is currently closed.
In some parts of the world, flights have been grounded, and airfares have sharply increased to offset rising fuel costs. So far, British and Irish airlines have said they’re confident they have enough supplies to cover the rest of April.
“While our summer holidays certainly haven’t been cancelled yet, there is currently a worry that we may see widespread flight cancellations if the ongoing crisis in the Middle East has a knock-on effect on the UK travel industry,” says Rhys Jones, travel insurance expert at Go.Compare travel.
“There are a few reasons this could happen: firstly, conflict zones are forcing airlines to reroute or avoid entire regions. Secondly, sanctions and conflict are affecting fuel supply routes – with concerns rising that demand for jet fuel in the UK could outstrip our supply, if issues persist. Additionally, another issue is knock-on delays, resulting in crew timing issues, missed slots, and cancellations elsewhere.
“If you have a holiday booked, we recommend keeping a close eye on the news, as well as looking for any updates from your airline or holiday provider.”
Ryanair CEO Michael O’Leary told Sky News: “The fuel companies are happy there won’t be disruption till early May. But if the war continues, we do run the risk of supply disruptions in Europe in May and June, and obviously, we hope the war will finish sooner than that, and the risk to supply will be eliminated.”
Here’s everything you need to know about travel insurance during the ongoing conflict.
What is travel insurance?
Travel insurance is a type of cover that protects you financially if something goes wrong before or during a trip. It typically includes protection for trip cancellations, medical emergencies abroad, lost or delayed baggage, travel delays, and emergency evacuation. This means you shouldn’t have to pay high unexpected costs while travelling.
However, travel insurance doesn’t provide total immunity. Policies often exclude things like undeclared pre-existing conditions, risky activities, incidents involving restricted travel areas, and acts of war or major conflict.
What are my rights if my flight is cancelled?
“If your flight is cancelled, you are entitled to an alternative flight or a refund from the provider you booked with,” says Rhys.
“We would definitely recommend reaching out to your airline or holiday provider in the first instance, as compensation through your travel insurance is unlikely – this would fall outside of the remit of your insurance.”
Booking UK travel insurance & how to find the best travel insurance quotes
The best place to start when booking holiday insurance is to use comparison websites, such as Go Compare, Compare the Market or Money Supermarket, allowing you to compare multiple insurers in one go to find the best package for you.
Once you’ve shortlisted a few policies – prioritising strong medical cover – double-check directly with the insurance provider, as prices can differ slightly. It’s also a good idea to check reviews from other customers too.
“Make sure to look closely at what is included and excluded in each travel policy, so you can be certain you have the protection you need,” Rhys adds.
What is “Cancel For Any Reason” (CFAR) travel insurance?
“Cancel For Any Reason” (CFAR) travel insurance is a premium add-on or policy that allows you to cancel your trip for reasons not normally covered by standard travel insurance and still receive some reimbursement. It’s designed for travellers who want maximum flexibility, especially when plans might change unexpectedly, such as due to work schedule changes. They must be purchased soon after booking your trip and often come at a premium cost.
