Although are many covered reasons for the Trip Cancellation Benefit, not every possible reason is covered. Travel insurance policies do not cover fear of traveling or a change of mind or other similar discretionary reasons. Cancel For Any Reason gives the traveler 100% freedom to cancel a trip for a non-covered reason, generally 2 days or more before the scheduled departure date, and be reimbursed for a percentage of the cancellation penalty amount (such as 75% or 80%). Of course, if a trip is cancelled for a covered reason, then reimbursement would be at 100% of the cancellation penalty amount under the Trip Cancellation Benefit.
Important Tip! Like some other coverages and benefits, Cancel For Any Reason is time sensitive and must be purchased within a specified period (such as 15 days of the date of the initial deposit for the trip). Remember unlike covered reasons such as sickness or injury, you do not receive reimbursement for your entire cancellation penalty amount.