Covered
If employed for 3 continuous years
Employment Layoff can reimburse prepaid and non-refundable trip costs if a traveler cancels their trip due to involuntary layoff or termination of employment.
TRIP CANCELLATION
We will pay a benefit, up to the maximum shown on the Schedule of Benefits, if You are prevented from taking Your Covered Trip due to any of the Unforeseen Events listed below occurring on or after the Effective Date of the Policy.
Maximum trip length is also shown on the Schedule of Benefits.
We will pay You for the following:
a) The amount of forfeited, non-refundable, and unused Payments or Deposits; or
b) Additional cost incurred if the Travel Supplier cancels Your Covered Trip due to an Unforeseen Event and You elect to utilize the service of a replacement Travel Supplier.
TRIP INTERRUPTION
We will pay a benefit, up to the maximum shown on the Schedule of Benefits, if You are prevented from continuing or resuming Your Covered Trip due to any of the Unforeseen Events listed below occurring on or after the Effective Date of the Policy.
We will pay You:
a) for the unused, non-refundable travel arrangements prepaid to the Travel Supplier(s);
b) additional transportation expenses incurred by You; or
c) return air travel up to the lesser of the cost of an economy flight or the amount shown on the Schedule of Benefits.
The Following are the Unforeseen Events for Trip Cancellation and Trip Interruption:
s) After at least three (3) years of full time continuous employment at the same company, You are terminated or laid-off from full time employment at such company within thirty (30) days of the date of Your Covered Trip.
t) After at least three (3) years of full time continuous employment at the same company, Your Traveling Companion is terminated or laid-off from full time employment at such company within thirty (30) days of the date of Your Covered Trip.