“Cancellation insurance usually includes postponement as standard,” said Tim Thornhill, sales director, entertainment and sport, at Lloyd’s of London broker Tysers, who also said this might not always be the case.

In the United States, lenders including United Bank, Citizens Bank, and Fifth Third Bank are alerting customers to fraud-related schemes and encouraging them to protect their personal information. Northwest Bank is also providing customers with information and tools to help spot tactics aimed at obtaining customer financial information.

The unprecedented economic rescue package would give direct payments to most Americans, expand unemployment benefits and provide a USD 367 billion program for small businesses to keep making payroll while workers are forced to stay home.

The president said the country did not take drastic measures to fight car crashes and flu deaths similar to those it is taking for the coronavirus. He said Americans could continue practicing social-distancing measures, which health experts say are crucial to prevent infection, while also going back to work.

“We lose thousands and thousands of people a year to the flu. We don’t turn the country off,” Trump said. “You can destroy a country this way by closing it down.”

Larry Klayman, his advocacy group Freedom Watch and Buzz Photos, a Texas company, filed the lawsuit in the US District Court for the Northern District of Texas, alleging that the novel coronavirus was “designed by China to be a biological weapon of war”, and that whether or not the country intended to release it, China violated “US law, international laws, treaties, and norms.”