Originally Posted by
raadhey
I am trying to find a coverage which will let me cancel today and get the cancellation fees or loss in fare paid and book with another airline.
Current coverage doesn't seem to cover. You can try calling the chase benefits hotline and asking (and calling Cathay to see if they are willing to waive change/cancel fees)
you can't buy new travel insurance now if you plan to declare a loss immediately on the new insurance (that's insurance fraud)
Check your original ticket, some tickets allow a refund for a fee - if that's the case, buy your new ticket and get to usa. If cathay cancels, you save the fee. If not, you are in USA already, eat that fee yourself and cancel yourself
Regardless, it's about your risk level and how desperate you want to get back to usa. While you are doing this, start pricing out a last minute one way/RT ticket out of Hong Kong. Also, take a look at the change fee on your original ticket, see if you are willing to pay that to change your original ticket to fly out now