What is Financial Default?

Financial Default can reimburse a traveler’s trip costs if they need to cancel because of a complete suspension of operations by their travel supplier due to financial circumstances, whether or not bankruptcy is filed.

Financial Default coverage is included by some policies under the Trip Cancellation and Trip Interruption benefits. Depending on the provider, this benefit may be time-sensitive and will only be available for 10-21 days after the initial trip deposit date. Additionally, there may be a 10 to 21-day wait period after the policy is purchased before this benefit goes into effect.

Please be aware that coverage and eligibility requirements for this benefit differ by policy. The tables below show the providers that offer Financial Default coverage.

Looking for a policy with Financial Default coverage?

Enter your trip information on our custom search form. Once you receive your results, select the Financial Default filter to find the best policy for your trip with the coverage that you need.

Insurance Benefit Quick Links

Search for Travel Insurance

Search, compare, and purchase travel insurance policies from every major provider in the United States.

Start a New Search

Each policy's Financial Default coverage is summarized below. View the full benefit wording for all policies here.

April Travel Protection
April Travel Protection

1
2
3

Arch RoamRight
Arch RoamRight

4
5
6
7

AXA Assistance USA
AXA Assistance USA

8
9
10

Berkshire Hathaway Travel Protection
Berkshire Hathaway Travel Protection

11
12

Cat 70
Cat 70

13

Dogtag
Dogtag

14
15
16
17
18
19
20
21

Generali Global Assistance
Generali Global Assistance

22
23

HTH Travel Insurance
HTH Travel Insurance

24
25
26
27
28

IMG
IMG

29

iTravelInsured
iTravelInsured

30
31
32

John Hancock Insurance Agency, Inc.
John Hancock Insurance Agency, Inc.

33
34
35

Nationwide Mutual Insurance Company
Nationwide Mutual Insurance Company

36
37

Seven Corners Inc
Seven Corners Inc

38
39
40

Tin Leg
Tin Leg

41
42

Travelex Insurance Services
Travelex Insurance Services

43
44
45

TravelSafe
TravelSafe

46

Trawick International
Trawick International

47
48
49
50
51
52
53
54

USA-Assist Worldwide Protection
USA-Assist Worldwide Protection

55
56
57
58

USI Affinity Travel Insurance Services
USI Affinity Travel Insurance Services

59
60

Benefits

Additional Information

Multi-Award Winning Customer Service Team

Squaremouth’s outside-the-box approach to customer service has been recognized nationally and internationally, with 13 awards in 5 years. Customer service is part of everybody’s job at Squaremouth. Every employee spends time on the phone with customers each week.

Read more

$30,000 Contest Encourages Reading Policy Documents

To highlight the importance of reading policy documents from start to finish, Squaremouth awarded one customer $10,000 in a secret contest for being the first to read hers. Then, we gave another $10,000 to a children’s literacy charity and $5,000 each to two schools.

Read more

$1,000 Tips Shine a Light on Service

Squaremouth, a company that puts a focus on customer service, rewards 20 outstanding customer service providers in St. Petersburg, Florida with $1,000 cash tips. Then, one received an additional $10,000 as the Thank You Campaign’s grand prize winner.

Read more

One of America’s Best and Fastest-Growing Companies

Squaremouth is consistently awarded for its unique company culture and steady revenue growth. This includes national recognition from Inc. Magazine, Fortune, and Entrepreneur, and local recognition from the Tampa Bay Business Journal and Florida Trend.

Read more