As global tourism increases, so does the demand for trip cancellation insurance. Trip cancellation insurance covers nonrefundable financial penalties or losses incurred as a result of cancelling a trip for unforeseen reasons, including reimbursement for nonrefundable expenses such as flight tickets and tours. Trip cancellation insurance protects both business and leisure trips, organized or independent.

Trip insurance covers costs associated with airline bankruptcies, flight delays, airline cancellations, tour cancellations, lost luggage, and lost hotel reservations. Most trip cancellation insurance plans cover these trip related costs.

Limited medical and health coverage is available with trip cancellation plans. Most people will purchase two separate travel insurance policies: one travel medical insurance and one trip cancellation insurance. In addition, most trip cancellation policies are only available to US residents traveling inside and outside of the US. Few plans are available to non-US residents traveling outside of their home country that offer decent medical coverage

The below plans, both administered by Trawick International, offer trip cancellation coverage as well as medical coverage for both US and non-US residents traveling internationally.