My concern is not over a missed flight or delayed baggage claim. My concern is more about if a serious medical claim occurs or if the claim involves a premium flight ticket.
To give you an example about something that people may not realise, if you are travelling on a premium ticket (i.e. First or business) and you have to delay your return due to a medical situation, the insuracne only covers you for the return of the value of that ticket and an economy flight back. So, if you are travelling on club world ticket, you fall ill, have a non changebale ticket, the insurance policy kicks in and will replace with an economy ticket, UNLESS you can persuade the ariline to change the ticket. Most people, myself included, presumed that if you have a medical issue and miss your flight you will be insured for a ticket for the class originally booked _ NOT the case. This is just one example. Its not explained and when you need the cover, you will finmd its not there.