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HKFI Says S Korea's Martial Law on Tue Not Under Insurance Coverage
The Hong Kong Federation of Insurers (HKFI) issued a notice in response to the South Korean government's issuance of an emergency martial law order in the evening of Tuesday (3...
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HKFI Says S Korea's Martial Law on Tue Not Under Insurance Coverage
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The Hong Kong Federation of Insurers (HKFI) issued a notice in response to the South Korean government's issuance of an emergency martial law order in the evening of Tuesday (3rd) this week, which was lifted in the early hours of the following day.

According to HKFI, the trip cancellation coverage provided by travel insurers is subject to specified reasons, including natural disasters or inclement weather at the destination, strikes, etc. As for martial law, it is not a specified risk factor and therefore not covered.

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In addition, as martial law is a government decree or regulation, it is not a risk that can be borne by commercially operated travel insurance, and therefore losses arising from martial law are not covered.

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