What is Cancel For Any Reason coverage?
Short Answer
Cancel For Any Reason is an optional upgrade offered by some policies that provides reimbursement for prepaid and nonrefundable trip costs if a trip is cancelled for a reason not otherwise specified as covered on the policy.
More Detail
In order to be eligible for Cancel For Any Reason upgrade, you must purchase the policy within 14-30 days of your initial booking date, and insure 100% of your prepaid and non-refundable trip costs.
Cancel For Any Reason provides up to 75% reimbursement of your trip costs, and requires the trip be cancelled in its entirety at least 2-3 days before your departure, depending on the policy. This benefit can provide coverage to cancel for a reason not otherwise specified as covered on the policy. Cancel For Any Reason typically increases the premium by about 40-50%.
Please be aware that this benefit coverage and eligibility requirements differ per policy. Always check the policy certificate to verify what the specific Cancel For Any Reason coverage is within the plan you are interested in.
Squaremouth will highlight if there are any additional limitations outside the usual requirements for this benefit by stating “Limitations Apply” on the Policy Detail which can be accessed on the Quote Results page.
If you have questions about a specific policy, please contact us directly at 800-240-0369. Our customer service representatives are available from 8am to 10pm ET seven days a week and are delighted to help!