Ukraine War Sanctions Raise Questions for Travel Insurance Firms


Skift Take

“Do not travel” warnings protect travel insurance firms in countries directly involved. The war in Ukraine might also increase consumer awareness and demand for extensive coverage.

Ukraine Coverage

Skift’s reporters and editors are working to explain how the war on Ukraine is impacting travel. All of our stories about the subject are free for all readers.

Learn More

Russia's invasion of Ukraine is leading to a surge of activity for travel insurance companies as flight cancellations and tour operators shutting down trips to Russia have led many travelers to inquire if insurance policies will cover the disruptions to their travel plans.

“We have seen an increase in the number of travelers who are calling with questions about how travel insurance would help them if their trip is affected by the war. People are understandably concerned,” said Angela Borden, product marketing strategist with Seven Corners Travel Insurance.

While several travel insurance executives believe the sector industry has not taken any direct hit from the conflict or the unprecedented financial sanctions levied on Russia, the storm is far from over.