Best ‘Cancel For Any Reason’ Travel Insurance in 2025
Written By James Clark Author
Reviewed By Steven Benna Editor
Reviewed By Arielle Turriff Product Specialist
Last Updated: December 2, 2025
Key Takeaways
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After analyzing over 100 policies, we found that the best CFAR plans are offered by: Travel Insured International, Seven Corners, & Tin Leg.
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Cancel For Any Reason is an optional travel insurance add-on that reimburses 50-75% of your insured travel expenses if you cancel for an uncovered reason.
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Not all travel insurance plans include the CFAR add-on.
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This coverage typically has to be purchased within a certain time frame after your first trip deposit (usually 14-21 days), and you must cancel your trip 48 hours before your scheduled departure.
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Travel insurance with CFAR coverage costs $56/day on average, which is 40-50% greater than a typical comprehensive plan
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Try our online travel insurance comparison tool to compare plans & prices from multiple providers at once. For personal assistance, call our award-winning agents at 1-800-240-0369.
The Most Popular CFAR Travel Insurance Plans
After evaluating all 20+ providers and 100+ plans available in the Squaremouth marketplace, we have selected Travel Insured International as the top company for CFAR travel insurance in 2025. Below are our best Cancel for Any Reason trip insurance plan recommendations to cater to more specific coverage options:
- Best Overall CFAR Insurance, Travel Insured International – FlexiPAX
- Best Value CFAR Insurance, Seven Corners – Trip Protection Basic
- Best CFAR Insurance For Medical Coverage, Tin Leg – Gold
- Best CFAR Insurance for Seniors, Travel Insured International – FlexiPAX
To ensure transparency and independence in selecting our travel insurance award winners, we base our decisions solely on Squaremouth marketplace sales data from the previous month, without any influence from insurance companies, business relationships, affiliates, or other external parties. Each award is given to the top-selling plans that meet the specific criteria outlined below.
- Best Overall CFAR Insurance: Given to the top selling comprehensive plan that offers the CFAR add-on with at least 100 sales, $100,000 in Emergency Medical coverage, and $250,000 in Medical Evacuation coverage.
- Best Value CFAR Insurance: Given to the comprehensive plan with the most favorable trip cost to premium ratio that offers the CFAR add-on with at least 100 sales, $100,000 in Emergency Medical coverage, and $250,000 in Medical Evacuation coverage.
- Best CFAR Insurance For Medical Coverage: Given to the comprehensive plan that offers the CFAR add-on with at least 100 sales and the highest base Emergency Medical coverage.
- Best CFAR Insurance for Seniors: Given to the top selling comprehensive plan among travelers 60+ that offers the CFAR add-on with at least 100 sales, $100,000 in Emergency Medical coverage, and $250,000 in Medical Evacuation coverage
The Best CFAR Travel Insurance Plans in Detail
Best Overall CFAR Insurance
Medical / Med Evac Coverage
$100,000 / $500,000Cancellation / Interruption Limits
100% / 150% of trip cost
The most popular travel insurance plan with CFAR coverage, accounting for roughly 45% of all CFAR sales
Provides the longest Time-Sensitive Window of any CFAR plan, allowing travelers to qualify for the benefit up to 21 days after their initial trip deposit
Covers up to $100,000 in travel expenses per person, making it one of the best trip cancellation insurance policies available on Squaremouth
Travel Insured International gets our pick for the best CFAR travel insurance policy with their FlexiPAX plan due to its generous eligibility requirements, high reimbursement percentage, and overall popularity among travelers. It features an industry-leading 21-day Time-Sensitive Window, making it easier for CFAR shoppers to qualify for coverage. It also reimburses up to 75% of prepaid travel expenses in the event of an uncovered cancellation, which is the highest offered by any policy on Squaremouth.
In addition to CFAR, FlexiPAX offers a multitude of different ways for customers to enhance their coverage. This includes other add-ons, like Interruption for Any Reason and Rental Car Damage Protection, to unique policy upgrade bundles that can increase coverage limits for select benefits.
Best Value CFAR Insurance
Medical / Med Evac Coverage
$100,000 / $250,000Cancellation / Interruption Limits
100% / 100% of trip cost
The most cost-effective Cancel for Any Reason policy, with premiums averaging just 7.5% of a customer’s prepaid trip expenses
Generous Time-Sensitive Window, giving travelers 20 days to qualify for coverage after making their initial trip deposit
One of eight policies on Squaremouth to offer the Interruption for Any Reason add-on, which is automatically applied alongside CFAR
While Cancel for Any Reason coverage has a reputation for being expensive, it isn’t always the case. The Trip Protection Basic plan from Seven Corners is currently the best value plan available with CFAR coverage, with the premium averaging roughly 7.5% of customers’ prepaid, non-refundable travel expenses. In addition to being budget-friendly, the policy also features a 20-day Time-Sensitive Window and offers 75% reimbursement for uncovered cancellations.
Trip Protection Basic also offers great flexibility, allowing customers to add a wide range of add-ons to their coverage to bolster their protection while away from home.
Best CFAR Insurance For Medical Coverage
Medical / Med Evac Coverage
$500,000 / $500,000Cancellation / Interruption Limits
100% / 150% of trip cost
Comes standard with up to $500,000 in Emergency Medical coverage, the highest of any comprehensive plan found on Squaremouth
Provides medical coverage for over 250 unique sports and activities, making a great option for thrill-seekers planning a bucket list trip
One of the most popular policies with the Cancel for Any Reason benefit, chosen by 15% of customers looking for CFAR protection
Tin Leg Gold is consistently among the most popular travel insurance policies on Squaremouth, especially among travelers who want strong protection against unexpected cancellations and medical emergencies. In addition to reliable CFAR coverage, the plan also includes up to $500,000 in reimbursement for unexpected medical expenses, the most offered by any comprehensive plan on the market. Like other Tin Leg plans, Gold also offers protection for injuries that occur while participating in a wide range of adventure sports and activities.
While Tin Leg Gold does not offer the most generous CFAR coverage when it comes to eligibility or reimbursement, it does provide some of the most well-rounded protection found on Squaremouth.
Best CFAR Insurance for Seniors
Medical / Med Evac Coverage
$100,000 / $500,000Cancellation / Interruption Limits
100% / 150% of trip cost
Does not include age restrictions, which is great for older travelers looking for a policy with the CFAR benefit
Features the most generous ‘Free Coverage for Kids’ pricing, allowing up to 9 children to be covered at no additional cost for an insured adult
Includes up to $100,000 in coverage for medical emergencies, as well as coverage for pre-existing conditions for qualifying travelers
As well as being our top overall CFAR policy, FlexiPAX is also our pick for the best Cancel for Any Reason plan for senior travelers. Not only is it overwhelmingly popular among travelers aged 60+, but it also comes with benefits and coverage limits suitable for those traveling later in life. The policy has no age limits and comes with up to $100,000 in Emergency Medical coverage, which can be increased to $500,000 through policy upgrade bundles. This medical coverage can also cover pre-existing medical condition flare-ups if the traveler meets certain eligibility requirements.
The ‘Free Coverage for Kids’ pricing can be a great, money-saving perk for those travelers with children 17 and under.
How Much Does Cancel For Any Reason Trip Insurance Cost?
On average, travel insurance with Cancel for Any Reason coverage costs roughly $57/day.
This is based off of Squaremouth sales data of 19,000+ travelers that purchased CFAR coverage in the past 12 months. The average policy with this benefit cost $678 with a trip length of 12 days.
Adding the CFAR benefit to a travel insurance plan typically adds 40-50% to the overall premium. This additional cost is in exchange for greater flexibility in the event you choose to cancel your trip before your scheduled departure date.
Comprehensive travel insurance premiums are typically calculated as a percentage of your insured trip costs. For context, the average CFAR plan costs 9.3% of a traveler’s prepaid, non-refundable travel expenses.
Here’s what you can expect to pay for the top CFAR plans listed above, in order of least to most affordable:
- Seven Corners, Trip Protection Basic: 7.5% of your prepaid, non-refundable trip costs
- Travel Insured, FlexiPAX: 8.25% of your prepaid, non-refundable trip costs
- Tin Leg, Gold: 10.16% of your prepaid, non-refundable trip costs
How Long Do I Have to Buy the Top CFAR Plans?
Cancel For Any Reason is a time-sensitive benefit. In order to qualify for coverage, plans that offer this add-on must be purchased soon after you make your initial trip deposit, usually within 14 to 21 days.
This benefit is not automatically applied, and must be added to your coverage during the checkout process.
Each plan has its own specific deadline, which can be found in the policy’s Certificate of Insurance. Below are the Time-Sensitive Windows for the plans featured in this article:
- Seven Corners, Trip Protection Basic: 20 days after initial trip deposit
- Travel Insured, FlexiPAX: 21 days after initial trip deposit
- Tin Leg, Gold: 14 days after initial trip deposit
How Much Reimbursement Does CFAR Provide?
Cancel For Any Reason coverage typically reimburses 50% to 75% of your prepaid, non-refundable trip costs. The exact percentage depends on the policy you choose.
Unlike standard Trip Cancellation, which can reimburse 100% for covered reasons, CFAR provides partial reimbursement when you cancel for any reason not listed in the standard policy.
Here are the reimbursement rates for some of our favorite CFAR plans:
- Travel Insured, FlexiPAX: Reimburses up to 75% of trip costs
- Seven Corners, Trip Protection Basic: Reimburses up to 75% of trip costs
- Tin Leg, Gold: Reimburses up to 50% of trip costs
What to Consider When Buying Travel Insurance with Cancel For Any Reason
Cancel For Any Reason coverage offers the highest level of flexibility available in travel insurance, providing reimbursement for any kind of cancellation. With that said, this add-on may not be suitable for everyone.
Here are a few key factors to weigh before adding CFAR to your travel insurance plan:
- Existing Trip Cancellation Insurance: Standard Trip Cancellation may already cover common risks, such as an unexpected illness or family emergency. CFAR is only necessary if you want protection for reasons outside the standard list.
- Purchase Date: CFAR must usually be purchased within 14 to 21 days of your initial trip deposit. Missing the window means you’re ineligible for coverage.
- Budget: CFAR increases your premium by about 40–50%. Consider whether the added flexibility is worth the higher cost based on your trip investment.
- Personal Risk Tolerance: If you’re worried about unexpected cancellations, CFAR can provide peace of mind beyond what Trip Cancellation coverage offers.
- Prepaid Travel Expenses: If you’re planning an expensive trip, CFAR can provide extra financial protection in the event you’re forced to cancel your travel plans for any reason.
Is Cancel For Any Reason Coverage Worth It?
Cancel For Any Reason travel insurance can be a smart investment, but its value depends on your trip details, risk tolerance, and budget. If you’re concerned about canceling, have significant prepaid expenses, or simply want maximum flexibility, CFAR coverage may be worth the added cost.
When shopping for a travel insurance plan with CFAR, be sure to compare options from multiple providers. Pay close attention to eligibility deadlines, reimbursement percentages, and premium costs to find the best fit for your trip.