Examples of possible travel insurance compensation. Provided by the Financial Supervisory Service Mr. A, who recently completed an overseas trip, waited at the airport for about 5 hours longer than scheduled because his return flight was delayed. Mr. A, who had subscribed to ‘traveler insurance’ that included a special contract for compensation for flight delays, filed a claim with the insurance company after returning to Korea, but it was rejected. The insurance company is not an ‘index type’ that guarantees a fixed amount for the time Mr. A was delayed, but an ‘actual loss type’ that compensates for the actual amount of damage...