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I share an office with a travel agent, and I can tell you a lot of people with "cancel for any reason" travel insurance are getting screwed by force majeure clauses. Unsurprisingly, insurance companies have no interest in paying out policies that threaten the existence of their company.


That sounds like a great way to kill the travel insurance industry. Not paying out means that the same people won't buy it again next time.


Oh there's more than enough suckers out there to make travel insurance profitable forever.




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