Seven Corners Terrorism Report: London Bridge Attack

Jun 04, 2017

INDIANAPOLIS (June 3, 2017) — On Saturday, June 3 at approximately 10 p.m. a van struck pedestrians on London Bridge. Moments later, three men got out of the van and attacked several people in Borough Market, stabbing them. The men were wearing what looked like explosive vets, but these were later found to be fake. Police shot and killed the suspects at Borough Market. Seven people were killed and 48 were injured in the attack. The Islamic State has claimed responsibility for the incident.

Because of this event, many travelers have questions about ways to protect themselves from a similar situation that could arise when they travel abroad. International travel insurance company Seven Corners recommends consumers educate themselves about the value of travel insurance. Seven Corners members who are traveling now or who have already purchased a travel insurance plan for a future trip should contact Seven Corners Assist if they have questions about coverage or need travel assistance.

“Safety is often identified as the number one priority for international travelers, and one in eight U.S. adults’ travel will be impacted by unforeseen and dangerous world events,” said Justin Tysdal, CEO of Seven Corners. “Seven Corners recognizes the need for an added layer of travel protection whenever an unplanned incident occurs abroad, and we hope to educate travelers on the best ways to ensure trip protection no matter what.”

International travelers can protect themselves and their travel plans from any future incidents or emergencies abroad by following these tips:

Add a Cancel for Any Reason benefit to your trip protection insurance plan

  • Cancel for Any Reason (CFAR) is a benefit you add to your plan to cover any unforeseen events and unique issues that are not already covered by your existing trip protection plan, should you need to cancel your trip. 
  • For example, travel insurance packages do not always cover terrorist attacks if you want to cancel your trip, or if covered, it is within specific parameters only. CFAR guards you against these unique situations, allowing you to cancel your trip up to 48 hours prior to departure and receive at least 75% of your nonrefundable trip cost back. 
  • A CFAR benefit can typically be added to your existing trip cancellation policy if you buy your insurance within 10-20 days of your initial trip deposit.

Note that trip protection plans will cover illnesses or injuries caused by terrorist events that occur when consumers are on a covered trip.

Purchase travel medical insurance for any emergencies abroad

  • Travel medical insurance pricing is based on a daily rate that depends on the traveler’s age, chosen medical max level and deductible. The specific benefits vary, but typically include medical coverage for any injury or illness that occurs during your trip (including any unexpected injuries due to terror abroad) and emergency medical evacuation. 
  • In addition, injuries or illness caused by terrorist events are covered by Seven Corners’ travel medical plans; this is not the case with all travel medical plans.

Consider kidnap and ransom travel insurance 

  • Each year there are at least 15,000 to 20,000 kidnappings across the globe – not including unreported incidents. And in 2012, the average demand for ransom rose to over $2 million. 
  • A kidnap and ransom travel insurance policy offers an added layer of security and protection when traveling abroad. Most policies, such as Seven Corners’ Captum Kidnap & Ransom, provide financial and crisis support for insured events or security situations – such as kidnap, extortion, detention, threat, hijack or disappearance.  
  • Plans are typically priced according to length of trip and destination country, but only Captum Kidnap & Ransom is guaranteed issue and sold online.



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Angela Borden
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317.575.2652 x 3304

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