Nowadays, it’s harder to plan a trip than ever before and there’s a good chance that you might need to cancel your flight. You don’t want an emergency to cause you to lose a lot of money on your flight.
The best way to protect yourself financially is to purchase travel insurance. Travel insurance will cover you for certain risks that commonly occur during travelling.
Some travelling risks that are typically insured include lost luggage, medical emergencies, and other circumstances depending on the policy you purchase. You can also purchase additional coverage to protect yourself from losing money on a cancelled flight in the form of trip cancellation insurance.
Typically, flight cancellation insurance plans will reimburse the cost of your ticket in the following circumstances:
- An illness causes you to be unable to travel.
- Inclement weather leads to a flight cancellation.
- You are summoned to jury duty on the date of your flight.
The best coverage can be found in trip insurance plans that come with “cancel for any reason” protection. With this type of trip insurance, you will be able to receive reimbursement on your trip for any reason, even if you decide that you no longer want to go for any reason.
Note: You should always read the fine print and terms and conditions of a trip insurance plan before you agree to anything.