Trip cancellation insurance provides coverage for financial losses due to unexpected travel related incidents. In the case that you have to cancel a trip or end your trip early, trip cancellation insurance reimburses you for such non-refundable travel expenses. Trip cancellation insurance will even reimburse expenses such as last minute hotel accommodations in the event of trip delay or personal necessities in the event of baggage loss or delay. In short, these insurances take the stress out of traveling when mishaps occur.
Coverages such as trip cancellation, trip interruption, trip delay, and baggage loss are included in most trip insurance policies. Trip cancellation insurance usually only reimburses expenses incurred from unforeseen events such as illness or death of the insured or a family member and financial default of the airline or cruise, among many other reasons depending on the policy.
Unlike travel medical insurance, only provides limited medical protection such as emergency medical evacuation and repatriation, but some policies may offer a medical coverage upgrade for an additional cost.
iTravelInsured Travel LX
Administrator: IMG- Available only for US residents up to age 99
- Available for a maximum of 90 days
- Up to $100,000 in coverage for trip cancellation
- Covers 150% of trip costs for trip interruption
- Covers up to $1,000 for trip delay
- Up to $500,000 for sickness and accident coverage
- Covers up to $1,000,000 for medical emergency evacuation
Round Trip Elite
Underwriters: Nationwide Mutual Insurance Company- A US resident under the age 80, traveling from his/her home and is scheduled to spend at least 24 hours away from his/her home
- Initial purchase must be made in home country prior to departing on trip
- Coverage up to 90 days
- Covers 100% of trip costs for trip cancellation up to $30,000
- Covers 150% of trip costs for trip interruption
- Covers up to $1,500 for trip delay
- Covers up to $250,000 for medical expense
- Covers up to $1,000,000 for emergency evacuation and repatriation
- Covers up to $1,500 for missed connection
- Covers up to $2,500 for baggage loss or stolen
- Flight Coverage
- Optional Collision Damage Waiver
Travel Guard Platinum
Underwriters: National Union Fire Insurance Company- For US residents 100 mile away from home
- Coverage up to 364 days
- Covers 100% of trip costs for trip cancellation
- Covers 150% of trip costs for trip interruption
- Covers up to $1,000 for trip delay
- Covers up to $50,000 for medical expenses
- Covers up to $1,000,000 for emergency evacuation and repatriation
- Covers up to $2,500 for baggage loss
- Cancel for Any Reason
- Rental Car Collision
- Medical Coverage Upgrade
Trip Protector
Underwriters: Nationwide Mutual Insurance Company- US residents under the age 70, traveling from their home country and scheduled to spend at least 24 hours away. Children under age 6 must be enrolled with a parent. Initial purchase must be made in home country prior to departing on trip
- Covers 100% of trip costs for trip cancellation up to $5,000
- Covers 125% of trip costs for trip interruption
- Covers up to $500 for trip delay
- Covers up to $75,000 for emergency medical/dental expense
- Covers up to $500,000 for emergency evacuation
- Covers up to $15,000 for repatriation
- Covers up to $750 for baggage loss or stolen
- Cancel for Any Reason
- Rental Car Collision
- Medical Coverage Upgrade
