As the war in Iran grounds flights worldwide, hundreds of thousands of travelers scrambling to get home are discovering a harsh reality: their travel insurance won’t cover replacement flights or extended hotel stays.Insurers, including industry giants Allianz SE and Zurich Insurance Group, don’t cover claims tied to the conflict under standard travel policies, according to advisories. Fighting has shuttered Gulf airports, including the main one in Dubai, severing a critical transit corridor for long-haul tr ...

Travel insurance can reimburse you for certain financial losses incurred while traveling, typically as a result of unforeseen circumstances, such as a flight delay or emergency medical treatment. However, not everything is covered, so it’s essential to know the ins and outs of your travel insurance policy before you leave on your trip. Learn more: Travel insurance: What it covers, costs, and how to choose the right policy How does travel insurance work? In its most basic sense, travel insurance will p ...