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CFAR Travel Insurance offers the option to cancel the trip for any reason, such as a change of mind, personal reasons, work commitments, or relationship change with a travel partner.
It covers unforeseen trip cancellations caused by sudden and unpredictable events such as natural calamities or sudden sickness requiring a minimum of three days’ hospitalization of the insured person or his family who are also scheduled to travel together.
The reason for cancellation should not be publicly known before the policy issuance date and should be before the policy commencement.
Flight cancellation coverage included in travel insurance shields one from financial losses when in need to cancel your trip due to a specific reason.
If the person or travel companion becomes ill or if there is a death in the family, s/he is eligible for reimbursement of the non-refundable portion of the flight and accommodation expenses. This coverage prevents from bearing substantial financial losses due to unforeseen circumstances.
The travel insurance policy covers the unused and non-refundable portion of flight and accommodation expenses. This means that the funds one spends on booking flights and accommodation gets covered up to the specified limit in the policy schedule.
Compiled By Syed Muskan