Since the issue in the Strait there's been several comments among multiple threads regarding concerns about flight cancellations, delays, changes and insurance coverage. I got around to looking at my travel coverage this weekend and was in for quite the surprise/shock. My private health insurance which also has a non-medical travel rider has been dramatically altered since I last looked at it about 18 months ago. While I'm still covered for the all-important emergency medical coverage, my insurance has completely eliminated non-medical travel coverage such as trip interruption, lost luggage etc.
Then I moved on to what my credit card covers, and while it still has non-medical coverage it has severely cut that back. For example, if I were to get stranded away from home due to a flight cancellation or delay my coverage has dropped from $250/day up to a maximum of $2500, to $150/day with a 2 day maximum.
Both plans keep the coverage in a grey area of what is considered an act of war and if fuel shortages would be covered. To be honest, I'm not that concerned about the lack of non-medical coverage for myself, but if were to happen to someone like my kids who are just getting started in the adult world, it could be financially devastating. It's a good wake up call to keep on top of your coverage before every trip because you may not be in a good state of mind to understand it when you're in a stressful situation.