Coronavirus is no longer concentrated in China, it is fast spreading all over the world. There are now hundred cases reported in Italy, Austria, the Netherlands, Switzerland, Croatia, and South Korea. So if you still can cancel your holiday or business trip you should just stay at home instead just to be safe.
According to a study done by travel insurance comparison site InsureMyTrip there is a 60% increase in policies sold since the first travel-related case of coronavirus was detected in the U.S. in January 2020.
So can you cancel your trip and claim from your travel insurance? The answer is it depends on your coverage. If it's not typically covered by the standard policy you're out of luck. You would need a “cancel for any reason” rider, for you to be able to cancel up to 48 hours before departure. The “cancel for any reason” rider will also bump the price of the travel insurance policy by 50%, and you’ll get about 75% of your trip reimbursed.
However if your trip is to mainland China or affected towns in Italy and South Korea or to any country with a confirmed outbreak you should get a full refund from your airline or travel company.
Airlines around the world including the major three US airlines: American, Delta, and United have suspended routes to China. JetBlue has waive fees for canceling or changing flights for all routes because of the coronavirus. They are the first US airline to waive cancelation and flight-change fees on all of its routes because of the rapidly spreading coronavirus.
Prevention is the best policy so just stay at home and avoid air travel specially with this kind of news, Korean Air flight attendant tested positive for COVID-19.
