Most travel insurance plans provide coverage for trip cancellation and trip interruption. Normally, the amount of these two coverage benefits is based on the amount of trip cost listed in the quote.
Trip cost should include all pre-paid and non-refundable expenses of the trip. This can include the costs of transportation, lodging, or entertainment so long as these are paid for before the departure and would be forfeited by the traveler if the arrangements were canceled.
When getting a travel insurance quote, the entire trip cost, a portion of the trip cost or even no trip cost can be entered. This will limit or eliminate the amount of trip cancellation and trip interruption coverage. Also, some travel insurance plans require that the entire trip cost be entered in order to have certain coverage benefits. These can include coverage for pre-existing conditions, cancel for any reason and cancel for work reasons, to name a few.
Always refer to the certificate of insurance for details.