What is a covered reason for trip cancellation? | Allianz Global Assistance (2024)

FAQs

What is considered a covered reason for trip cancellation? ›

The most common covered reason is unforeseen illness, injury, or death of the traveler, a traveling companion, or a non-traveling family member. Other common covered reasons include terrorism, inclement weather, or a natural disaster, among others. Not being able to travel as planned is a major concern among travelers.

Allianz Travel Insurance plans can reimburse you for lost trip expenses if you must cancel your trip for one of the covered reasons named in your plan.

Some examples of covered reasons could be: Sickness, injury, death, or quarantine of a member of your travel party. A delay that causes you to miss or interrupt any part of your covered trip due to weather, mechanical reasons, or travel advisory.

It covers unavoidable trip cancellations due to sudden and unpredictable events, including terrorism, natural calamities, and serious injury or sudden sickness requiring minimum three days' hospitalisation of the insured person, his spouse, parent or child, who are also booked to travel with the insured person.

Policies differ between providers, but cancellation cover usually includes: An injury or illness that prevents you from travelling. A fire or flood at your home.

The details vary from provider to provider and with each plan. If you do need to cancel, you will be reimbursed 100% of the prepaid, non-refundable trip cost for which you are insured and can provide documentation. All of this coverage, is only if the trip is cancelled due to a specific, unforeseen covered reason.

That's why cancel for any reason coverage, or CFAR, can be a valuable add-on. With this type of policy, you can cancel your trip for any reason at all and still get a percentage of your prepaid travel expenses back (typically around 50% to 80% of what you've already paid; percentages vary by provider).

What is a good reason to cancel insurance? ›

Reasons to consider canceling your insurance policy:

You believe you're paying too much for insurance. Your business has changed, and you need different coverage. You're moving out of state, and your current insurer doesn't offer policies in your new location. You're unhappy with the service your insurer provides.

Give your customers at least 24 hours notice before your cancellation policy cut off by sending out an appointment reminder. For example, if your cancellation policy expects customers to cancel or reschedule within 24 hours of their appointment, send out the reminder email 48-72 hours prior to their appointment.

The unexpected death, illness, or injury of you and/or a traveling companion that deems you unfit to travel, by order of a licensed physician. The hospitalization or death of a non-traveling family member.

CFAR coverage typically reimburses up to 75% of your nonrefundable trip costs when you cancel a trip.

When you buy travel insurance, comprehensive plans typically reimburse you the costs of canceled and delayed flights through travel delay coverage and trip cancellation insurance. Depending on the plan you choose, you can get reimbursed full refunds or prepaid costs once you qualify during the claims process.

Trip interruption coverage offers travelers reimbursem*nt for their unused, prepaid, nonrefundable expenses if they unexpectedly need to cut their trip short.