Nuclear risks not covered by travel insurance
TRAVEL-INSURANCE policies do not cover exposure to nuclear risks, a body representing insurers said yesterday in the wake of the earthquake and nuclear crisis in Japan.
"All travel-insurance policies carry a total exclusion on nuclear risks and the cover excludes any loss, damage, and illness directly or indirectly arising from the existence or escape of nuclear, ionising-radiation contamination by radioactivity from nuclear fuel," said the General Insurance Association of Singapore (GIA).
In a statement, it added that travellers should also check if their policy covers losses, injuries and trip cancellations caused by natural disasters.
The GIA, which has received enquiries from consumers, is advising them to contact their insurers to clear their doubts, as benefits vary from one company to another.
THE STRAITS TIMES
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