Trip cancellation and interruption insurance is a type of insurance that provides coverage for the financial losses incurred due to unexpected events that cause the cancellation, interruption, or delay of a planned trip. It is designed to protect travelers against non-refundable expenses and offer reimbursement for missed or interrupted travel plans.
Trip cancellation insurance typically covers expenses such as flight or hotel bookings, tour packages, and other pre-paid or non-refundable travel arrangements. If a covered event occurs, such as a sudden illness, injury, or death of the insured or a travel companion, trip cancellation insurance can provide reimbursement for the non-refundable expenses.
Trip interruption insurance covers expenses incurred if a trip is interrupted or cut short due to covered events. This may include reimbursing the unused portion of prepaid travel arrangements, additional transportation costs, or emergency accommodation expenses.
Covered events for trip cancellation and interruption insurance may include unforeseen circumstances such as a medical emergency, natural disasters, terrorist incidents, job loss, or other specified events defined in the insurance policy. It's important to carefully review the policy terms and conditions to understand the coverage limits, exclusions, and any required documentation in the event of a claim.
Travelers should consider purchasing trip cancellation and interruption insurance when booking a trip, especially if it involves non-refundable or high-cost arrangements. This insurance provides peace of mind and financial protection in case unforeseen circumstances force the cancellation or interruption of travel plans.
It's recommended to compare different insurance policies, prices, and coverage options to find the most suitable plan for specific travel needs. Purchasing trip cancellation and interruption insurance can help travelers recover some or all of their prepaid expenses in the event of unexpected trip changes.