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.

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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
4

Arch RoamRight
Arch RoamRight

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

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

29
30
31

Nationwide Mutual Insurance Company
Nationwide Mutual Insurance Company

32
33
34
35
36

Seven Corners Inc
Seven Corners Inc

37
38
39

Tin Leg
Tin Leg

40
41
42
43

Travelex Insurance Services
Travelex Insurance Services

44
45
46

TravelSafe
TravelSafe

47

Trawick International
Trawick International

48
49
50
51
52
53
54
55

USA-Assist Worldwide Protection
USA-Assist Worldwide Protection

56
57

USI Affinity Travel Insurance Services
USI Affinity Travel Insurance Services

58
59

Benefits

Additional Information

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