In our current economy, with continued recession and high unemployment, employees may feel reluctant to take time off due to staggering workloads (all those workforce reductions) and job security fears. So much so, that employers are sometimes forced to push employees out the door on vacation in a â€˜use-it-or-lose-itâ€™ scenario.
Luckily or not, itâ€™s boundary between work time and personal time is now more porous than ever, a situation that is not likely to change and one that works in both directions. For example, while an employee may now check e-mail on their vacation time, they may also order their kidsâ€™ school supplies and clothing online at work. In the past, leaving on vacation was like turning off a light switch because there simply was no alternative; now, itâ€™s more like dimming the lights because employees will slow their work efforts, but not entirely stop.
Trip Cancellations for Work Reasons
Of course, a travelerâ€™s employment can also cause trip cancellations and itâ€™s important for travelers to understand the covered reasons for trip cancellation in their travel insurance policy. Those reasons define when you can and cannot get your pre-paid trip costs back.
While the covered reasons in many travel insurance package plans varies, travelers can also add â€˜Cancel for work reasonsâ€™ coverage to some plans to expand the base planâ€™s covered reasons for trip cancellation and covers situations when you are required to work for some business reason, including mergers, product recalls, bankruptcy, burglary, and more.
Let’s be very clear here: this coverage upgrade is not always necessary. Depending on the your travel insurance plan, the covered reasons for trip cancellation may provide coverage for some work reasons, including required to work, revoked leave, and military duty.
Protecting your trip dollars
If you are in a tight spot at work and want to protect your trip investment, take a minute to read through the covered reasons for trip cancellation in your travel insurance policy. If the reason you may have to cancel isnâ€™t there, this may not be the policy for you.
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