There is a huge difference in urgency of State Department announcements. Some are mere advisories but the one on Egypt today is serious. Do not go to Egypt on non essential travel says State. And the UK Foreign Office concurs.
A further hint of danger is that the US has ordered the evacuation of non essential government workers from Egypt. This is a giant red flag.
Does your insurance allow you to cancel and get refunded in cases like this? That is debatable and the grey areas are the definition of terrorism, and the exact incidents that seem dangerous to the traveler. The way to make sure you are always covered is to buy the Cancel for Any Reason insurance.
You may always call our insurance company and ask as many questions as you wish. We suggest you get any answers in a written form to file away. Ask us or their number.