Domestic Travel Insurance That Will Cover for Lost Tuition / Course Fees?

wei13 on 24/05/2024 - 10:20

Hi seasoned travelers,

TLDR: Are there any domestic travel insurance policies that will cover for pre-paid tuition/course fees lost due to unexpectedly unable to travel (ie. illness)?

Long version: I need to travel interstate to do a 4-day course directly related to my work in about 4 months time. It costs about ~$4k in total with materials, to be paid upfront. Are there any domestic travel insurance policies that will cover for un-recoverable tuition fees if something unexpected happens and I couldn't travel to attend (ie COVID / Illness)? It's too much money for me to risk, even if the risk is just small.

Many thanks.

Travel Insurance Travel Insurance

Comments

  • Fayble1212 on 24/05/2024 - 10:37

    Yeah, no, covid essentially demolished this business model, I was in a large insurance company when they were underwriting CFAR-based PDS's, and it wasn't far away from getting flagged as gambling/lotto.

    You're betting against weather, natural disasters, terrorism, COVID like pandemic.

    • jv on 24/05/2024 - 11:47
      +1

      You're betting against weather, natural disasters, terrorism, COVID like pandemic.

      That is literally the definition of insurance.

      • Fayble1212 on 24/05/2024 - 13:06
        -1

        That is what I said, hence why they pulled the teeth on CFAR, there is enough to deal with already, let alone people who may catch a train too late, and not get to the airport on time, then have to refund $4K in fees.

  • JimmyF on 24/05/2024 - 10:39
    +2

    Domestic Travel Insurance That Will Cover for Lost Tuition / Course Fees?

    Not that I'm aware of.

    if something unexpected happens and I couldn't travel to attend (ie COVID / Illness)?

    No covid lockdowns, so you be ok.

  • sumyungguy on 24/05/2024 - 11:25
    +1

    Your scenario is no different to purchasing pre-paid non-refundable entertainment or sporting event tickets. I don't think you can easily purchase insurance cover for those; or if you could the premium would be unacceptably high.

  • payless69 on 24/05/2024 - 12:43

    Do them webinars who claim to indulge knowledge during sleep.

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