Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Travel insurance and the AirNZ strike

Consumers are enquiring about whether they will be covered under travel insurance policies for delays and cancellations caused by the proposed Air NZ engineering and logistics staff strike planned for 21, 22 and 23 December.

Travel insurance is designed to cover unforeseen accidents and disruptions related to and during a period of overseas travel. Because the strike has been announced publicly, it is no longer an unforeseen disruption.

The strike was first announced on the 7th of December. Anyone who bought travel insurance after the 7th may not be covered for issues caused by any of the proposed industrial action but travellers affected by this are urged to contact their insurer to confirm their specific exclusions.

Anyone who purchased travel insurance before the 7th will still have cover in line with their policy documents.

Travellers are also warned that if they cancel or change their travel to avoid the proposed strike before it goes ahead, insurance will not cover their costs. This is because the strike hasn’t actually happened yet. Travel insurance policies will only cover losses occurring as a result of actual disruptions suffered, not costs incurred as a result of pre-emptive avoidance.

"It’s really important people buy travel insurance at the same time they book their trip to ensure they’re covered for the widest possible range of eventualities," said ICNZ Chief Executive, Tim Grafton. "The more well known or certain an event is, the less likely an insurer is to cover it. We saw this issue earlier in the year with the volcano in Bali and more recently with the Indonesian earthquakes. Once an insurer knows or can be reasonably certain an event or disruption will happen, they’re no longer able to offer cover for it."

Travel insurance is most commonly available for international trips. Customers travelling domestically or who do not yet have travel insurance who find themselves affected by the strikes should speak to Air New Zealand or their travel agent to find out what options they have for alternative arrangements or compensation.


© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Grey Power: Is Disappointed To Learn Of More Bank Closures

Many older people are being left without essential services because of cost cutting and the march of modern technology. It is now expected that most banking transactions can occur via the internet or telephone. Jan Pentecost, President of the Grey Power ... More>>

ALSO:

Economy: Supply Chain On Brink Of Overload Says National Road Carriers

The New Zealand supply chain is on the brink of overload and it looks like the upcoming peak imports season may push it over the edge says National Road Carriers Association (NRC) CEO David Aitken. “Worldwide supply chains are in disarray,” says Mr Aitken. ... More>>

Retail: Supermarkets Announced As Government’s Second Market Study

The Government has today launched a market study to ensure New Zealanders are paying a fair price for groceries. More>>

ALSO:

Statistics New Zealand: Retail Sales Recover In The September 2020 Quarter

Retail sales values recorded the largest September quarter rise since the series began in 1995, Stats NZ said today. Spending on major household items, vehicles, and groceries contributed to the strong 7.4 percent ($1.8 billion) rise in total ... More>>

Kea Aerospace: New Zealand Flies Into The Stratosphere

Development has started on a solar-powered, unmanned aircraft that can fly in the stratosphere continuously for months at a time. The zero-emission aircraft will carry a suite of imagery equipment that will be game-changing for many industries, vastly ... More>>

Stats NZ: Births And Deaths: Year Ended September 2020

Births and deaths releases provide statistics on the number of births and deaths registered in New Zealand, and selected fertility and mortality rates. Key facts For the year ended September 2020: 57,753 live births and 32,670 deaths ... More>>

ALSO:


Forest & Bird: Kākāpō Wins Bird Of The Year 2020

The nation has voted and Aotearoa New Zealand has a new Bird of the Year. New Zealand’s moss-colored flightless parrot has climbed to the top-spot for the second time in Forest & Bird’s annual Te Manu Rongonui o Te Tau/Bird of the Year competition. ... More>>