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When taking a trip internationally, get protection from one of the top travel insurance carriers. You can get a 5% discounton Heymondo, the sole insurer that pays doctor bills up front for you,HERE!

Investing in travel coverage that permits reimbursement for any reason of cancellation should be one of your primary considerations if you’re planning a trip presently. While most travel insurance will only refund you if you cancel a journey for a purpose stated in the policy, cancel for any explanation travel insurance allows you to cancel your trip for any cause whatsoever, even if it’s not noted in your plan, and still obtain repayment.

Having travel insurance that covers cancellation for any reason, as well as robust COVID-19 specific travel insurance, is particularly crucial during the ongoing COVID-19 pandemic given the many uncertainties still associated with travel. Cancellation insurance that covers any reason is also helpful for any travel situation where one is unsure if the trip will indeed take place or if protection is desired in case unexpected events arise.

I will note that when we travel, we don’t normally pay extra for cancel for any reason travel insurance because Heymondo’s regular trip cancellation insurancecovers everything we need, including death, illness, accidents, COVID-19, and work reasons.

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5% OFF your travel protection

.with all medical bills paid upfront!
.ONLY UNTIL MARCH 24TH
.GET IT HERE!

However, purchasing travel insurance that permits canceling for any rationale is ideal if one wants the flexibility to withdraw from travel plans due to unexpected illness or simply a change of heart about the journey.

As you’ll see, the best cancel for any reason travel insurance offers not only a substantial amount of CFAR insurance coverage but also a high amount of emergency medical coverage. This is offered by , as they provide CFAR insurance as well as high emergency medical coverage.

Ready to learn all about travel insurance with cancel for any reason? Let’s get started!

What is Cancel For Any Reason Travel Insurance?

Travel protection with cancel for any reason is not identical to general travel coverage. CFAR travel insurance cannot be obtained independently, since it’s an discretionary upgrade one can obtain simultaneously when purchasing a travel insurance plan.

Travel insurance permitting reimbursement regardless of reason for cancellation is the sole type of travel coverage permitting reimbursement for canceling a trip for any rationale and still recovering most expenses. Ordinary travel insurance restricts reimbursement for cancellation to covered causes in policies like sickness, demise, or disasters of nature.

Moreover, not all travel coverage schemes offer an option to cancel for any reasoning upgrade, but the top-rated travel protection providers do offer CFAR journey insurance.

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There are numerous things that you need to take into account when purchasing travel insurance with cancellation for any reason. Initially, you must obtain cancellation for any reason coverage at the identical time that you obtain your travel protection. You will not have the ability to buy travel insurance cancel for any reason provisions after you have procured your general policy.

Second, coverage allowing cancellation for any reason is usually only available if more than 10 but less than 21 days have passed since making the initial trip payment, but be sure to check your policy details.

Thirdly, in order to qualify for coverage that cancels a trip for any reason, you generally need to terminate your journey within 48 to 72 hours of your planned departure date. This implies that you won’t be able to call off your trip if it has already started or if it is the day before you leave.

Finally, ensure you review your insurance policy for canceling travel plans. Most plans merely reimburse 50% to 75% of the insured trip cost, so though you can cancel for any motive, you won’t retrieve all the money you expended. Conventional travel cancellation insurance policies, akin to the one Heymondo presents, reimburse you for 100% of the insured trip cost (up to a specific restriction), but you will only get reimbursed if your cause is addressed by the insurance policy.

What does cancel for any reason travel insurance cover?

As I’ve already mentioned, insurance coverage for trip cancellation for any reason covers various cancellation motives rather than general travel insurance.

Standard travel insurance only covers cancellation reasons that are covered in the insurance policy, such as major illness, the unexpected demise of a family member, or natural disasters. Some general travel insurance policies also protect cancellation due to work reasons, although not all do.

a large body of water with a beach next to it

Standard travel insurance will not refund cancellations due to voluntarily deciding against travel out of health fears or dissatisfaction with traveling. Comprehensive travel protection insurance is very beneficial as it allows cancellations for these or any other causes while still receiving reimbursement, regardless if the policy lists the cancellation reason.

Below is a chart that allows a comparison of cancellation coverage provided by travel insurance versus coverage from travel insurance that includes the option to cancel for any reason, clearly showing the differences between the two policies.

Travel Insurance

Cancel for any reason travel insurance

Natural Disasters

✔️

✔️

Serious Illness/Unexpected Death

✔️

✔️

Foreign or Domestic Terrorism

✔️

✔️

Workplace Issue

✔️

✔️

Fear of Falling Ill

✔️

No Longer Desiring to Travel

✔️

Any Other Reason That’s Not Covered by Your Policy

✔️

WHAT DOES CANCEL FOR ANY REASON TRAVEL INSURANCE COVER?

Travel Insurance Cancel for Any Reason Cost

Since cancel for any reason travel insurance is an optional upgrade for your general travel insurance plan, your CFAR travel insurance cost will be the initial price of the general travel insurance plan plus the CFAR insurance upgrade.

The expense of general travel insurance is decided by factors for instance age, home country, destination, length of trip, and cost of trip.

Generally, the older an individual is, the more pricey your travel insurance will be, just as the longer your trip is, the more costly travel insurance will be. Additionally, the higher the expense of the trip that you are insuring, the more pricey your travel insurance will be to cover that higher expense.

The particular fee for travel insurance that can be cancelled at any time will rely on what providers of travel insurance allowing cancellation for any reason demand as the upgrade cost. Some corporations have a fixed price for their cancel for any cause travel insurance, while others adjust the price depending on choices or other factors.

Compare Travel Insurance Cancel for Any Reason

In order to contrast travel insurance cancel for any reason, I am using the example of a 30-year-old male American citizen residing in Pennsylvania embarking on a two week trip to Mexico costing $2,500.

As can be seen on the chart, the total cancel for any reason travel insurance cost is broken down into the cost of general travel insurance plus the additional cost for CFAR travel insurance.

IMG iTravelinsured Travel LX

World Trips Atlas Journey Premier

Trawick International Safe Travels Voyager

AIG TravelGuard Preferred

Travelex Travel Select

Cost

$130.00 + $52 CFAR = $182.00

$102.00 + $53.89 CFAR = $155.89

$106.62 + $96.33 CFAR = $202.95

$148.55 + $56.19 CFAR = $204.74

$105.00 +$42 CFAR = $147.00

COVID Coverage

✔️

✔️

✔️

✔️

✔️

Cancel for Any Reason

75% of $2,500*

75% of $2,500**

75% of $2,500*

50% of $2,500*

50% of $2,500*

Urgent Medical

$500,000

$150,000

$250,000

$50,000

$50,000

Trip Cancellation

100% of $2,500*

100% of $2,500*

100% of $2,500*

100% of $2,500*

100% of $2,500*

Trip Interruption

One hundred fifty percent of two thousand five hundred dollars*

One hundred fifty percent of two thousand five hundred dollars*

One hundred fifty percent of two thousand five hundred dollars*

One hundred fifty percent of two thousand five hundred dollars*

One hundred fifty percent of two thousand five hundred dollars*

Baggage Loss

$2,500

$2,000

$2,500

$1,000

$1,000

*Cost utilized for example.

**World Trips allows you to select 50% or 75% of total trip cost as the insured cancellation amount.

Best Travel Insurance with Cancel for Any Reason

As evidenced by the comparison chart above, the best travel insurance with cancel for any reason is IMG. Their plan provides the highest level of emergency medical coverage and a generous amount of travel insurance cancel for any reason coverage, plus all of their other travel insurance protection matches or surpasses that of other providers.

Of course, all of these cancel for any reason travel insurance providers have their own merits, so keep reading to find out more about each insurance company and their cancel for any reason travel insurance plans.

1. IMG, the best travel insurance with cancel for any reason

IMG undoubtedly provides the best travel coverage allowing cancellation for any motive. Not only does it have the maximum limit for travel insurance permitting cancellation for any motive, since it covers trips costing up to $1,000,000, but it also has the highest amount of emergency medical protection, so travelers can feel secure that they’ll be covered if they do end up journeying.

a blue and white street sign next to a blue sky

Even better, IMG’s iTravelInsured Travel LX plan already involves Cancel for Work Reasons coverage, so if that’s completely the coverage you necessity, you won’t actually necessity to trouble with CFAR journey insurance policies.

IMG’s cancel for any reason travel insurance must be acquired jointly with their iTravelInsured Travel LX plan. Travel insurance that allows cancellation for any cause covers trips ended within 48 hours of planned departure and can be bought within 20 days of initial payment. If cancellation does occur, up to 75% of insured trip costs may be recouped.

Advantages Disadvantages
  • CFAR coverage is for 75% of trip expense
  • CFAR insurance can be purchased within 20 days of initial trip payment
  • The trip can be canceled up to 48 hours before the planned departure date
  • Canceling for work reasons is already included without CFAR upgrade
  • Covers trips that cost up to $1,000,000
  • Highest amount of coverage for Emergency Medical Expenses
  • Not the most cost effective plan.

2. World Trips, comprehensive trip insurance cancel for any reason

World Trips is an ideal choice if you want adaptability from your trip insurance cancel for any cause.

a sign with a picture of a group of birds on it

Cancel for any reason travel insurance can be purchased with two World Trips plans: Atlas Journey Preferred and Atlas Journey Premier. Regardless of which plan you buy with your CFAR insurance, you will have the option of choosing either partial or greater reimbursement of your trip cost, allowing you to either spend less or get extra coverage.

You can purchase World Trips travel insurance with cancel for any reason within 21 days of your initial trip payment, and coverage is available for trips that cost up to $150,000. You will be able to cancel your trip up to 48 hours before your planned departure date in order to recover 50% or 75% of your trip expenses.

Advantages Disadvantages
  • Alternative options presented for the percentage of trip cost covered under insurance between 50% and 75%
  • CFAR protection can be purchased with two World Trips plans: Atlas Journey Preferred and Atlas Journey Premier
  • CFAR insurance can be acquired within the initial 21 day period following making the first trip payment.
  • The trip can be canceled up to 48 hours before the planned departure date
  • Covers trips where costs reach up to $150,000
  • Coverage for both Emergency Medical Expenses and CFAR could potentially be obtained at a similar cost point while allowing for higher limits.

3. Trawick International, a CFAR travel insurance with high coverage

If you’re searching for travel insurance with cancel for any reason that has a high level of coverage, Trawick International’s CFAR trip insurance could simply be the best option for you.

Their travel insurance with cancel for any reason coverage can be purchased alongside Trawick`s Safe Travels First Class plan or their Safe Travels Voyager plan, giving numerous options for coverage and cost.

a sign that has a bunch of words on it

With the two plans, travel insurance that can cover cancellation for any reason can reimburse up to 75% of the cost of the insured trip as long as the trip is called off within 48 hours of the planned departure date. Insurance that can cancel for any reason can be obtained within 21 days of the initial payment for the trip if purchased along with the Safe Travels Voyager plan.

However, options to insure cancelation for any cause as part of travel insurance purchased with the Safe Travels First Class plan have certain constraints. Insurance coverage is unavailable for inhabitants of some states, while for residents of other states, cancel for any reason protection is more expensive. Moreover, with Safe Travels First Class, cancel for any cause travel insurance must be obtained within 10 days of the initial trip payment.

If you decide to buy travel insurance covering cancellation for any reason through Trawick, focus on acquiring it with the Safe Travels Voyager plan, though equivalent coverage can still be obtained for a more affordable price from IMG.

Advantages Disadvantages
  • CFAR coverage can be acquired with two different Trawick plans: Safe Travels First Class and Safe Travels Voyager
  • CFAR coverage is for 75% of insured trip cost
  • CFAR insurance can be procured within 21 days of initial trip payment with Safe Travels Voyager
  • The trip can be canceled up to 48 hours before the planned departure date
  • CFAR coverage not available with Safe Travels First Class for residents of NY, MO, and WA
  • Coverage provided by Safe Travels First Class for situations requiring CFAR is more expensive for inhabitants of AK, MO, and PA
  • Coverage through Safe Travels First Class must be acquired within 10 days of the preliminary trip payment.
  • Can get comparable coverage for a much more affordable price

4. AIG, a reliable cancel for any reason travel insurance

If you want travel insurance that can cancel for any reason and you know you can rely on, AIG Travel Guard is an excellent choice.

AIG’s insurance coverage upgrade for cancellations related to financial or work changes is available with two of their plans: Travel Guard Preferred and Travel Guard Deluxe. Both of these plans already incorporate cancellations due to work-associated reasons and job termination without acquiring the upgrade for cancelling trips for any valid motive, so policyholders receive ample cancellation protection without necessarily needing to purchase insurance exclusively covering cancellations for any reason.

a sign that has some stickers on it

For trips up to $75,000, a recovery of 50% of the cost is possible with travel insurance cancel for any reason cover, while trips up to $112,500 allow retrieving up to 75% of the cost, if offered during purchase of CFAR travel insurance. Cancellation is feasible up to 48 hours before planned departure.

However, you can get notably greater cancel for any reason travel insurance coverage and emergency medical expense coverage for a reduced cost with IMG.

Advantages Disadvantages
    CFAR coverage can be purchased with two different AIG plans: Travel Guard Preferred and Travel Guard Deluxe
  • Canceling coverage due to job termination or dismissal is already covered under the standard Travel Guard Preferred and Travel Guard Deluxe plans without upgrading to CFAR
  • The trip can be canceled up to 48 hours before the planned departure date
  • CFAR coverage is for 50% of trip cost up to $75,000 or 75% of trip cost up to $112,500
  • The most expensive CFAR insurance
  • Coverage can be acquired for substantially less money yet still provide quite comprehensive protection.
  • Low Emergency Medical Expenses coverage

5. Travelex, an affordable travel insurance cancel for any reason

As we moved out of San Francisco, we`ve actually found ourselves exploring more of the Northern California coast, since we do an annual road trip from San Francisco to Seattle to visit Matt’s family and often take the coastal route through California.

a sign that is on the side of a building

Travelex`s travel protection to cancel a trip for any motive has to be obtained simultaneously with the Travel Select plan and inside 15 days of your preliminary voyage payment. Insurance that cancels a trip for any cause applies for journeys that cost up to $10,000, and you can be reimbursed for up to 50% of the covered trip cost provided the scheduled trip length is 30 days or less.

With Travelex, travelers can cancel a journey up until two days before the planned departure date and still recover approximately half of the trip expense. However, their emergency medical cost coverage is rather low, so it`s worth paying a bit extra for a program like IMG to have increased medical coverage.

Advantages Disadvantages
  • Most reasonably priced CFAR insurance plan
  • Covers trips that cost up to $10,000
  • The trip can be canceled up to 48 hours before the planned departure date
  • CFAR coverage is only for 50% of insured trip expenditure
  • CFAR coverage must be purchased within 15 days of the initial trip payment.
  • Trip duration must be 30 days or fewer

Is Cancel for Any Reason Travel Insurance Worth It?

You may still be wondering, is cancel for any cause travel insurance worthwhile?

For myself, the solution is “no”, since I typically cancel a trip for among the subsequent rationales:

  • I have fallen unwell or had an accident, or someone in my family gets sick, has an accident, or passes away.
  • I have opted to follow the guidance of my country’s Foreign Affairs Department against traveling to my intended destination.
  • The home I reside in has sustained serious damage or become uninhabitable due to flooding, mold, fire, or other causes.
  • I must participate in a judicial proceeding.
  • I have been fired from my job.
  • I have experienced a robbery at my home.

All of the aforementioned reasons for canceling a trip are already covered by Heymondo’s blanket travel cancellation insurance, which proves significantly cheaper than cancel for any rationale travel coverage.

Below is a chart comparing Heymondo journey protection to IMG’s voyage protection with terminate for any rationale protection for a travel that charges $7,000 USD. As you can see, Heymondo journey protection is much cheaper, but IMG’s CFAR insurance presents extra annulment reasons.

Heymondo Premium

IMG iTravelinsured Travel LX + CFAR Option

Price

$79.23 USD

$479 USD

Medical Protection

$500,000 USD

$500,000 USD

Cancel For Any Reason

75% of $7,000 USD

Trip Cancellation

$7,000 USD

$7,000 USD

Reasons Addressed

·Serious Illness/Unexpected Death

• Natural Disasters

• Terrorism

• Involuntary conclusion of employment

• Serious sickness/Unexpected demise

• Natural Disasters

• Terrorism

• Involuntary Job Termination

• Fear of Traveling

• No Longer Wanting to Travel

• Any Other Reason Not Covered by Your Policy

IS `CANCEL FOR ANY REASON` TRAVEL INSURANCE WORTH IT?

Ultimately, if you think there is a chance you could change your mind later and decide not to travel, it is best to purchase travel insurance that covers cancelation for any reason, and in that case, IMG is the top option.

If you think you may travel unless something quite essential comes up, then Heymondo is the preferred choice, and you can benefit from a 5% reduction simply for being our reader.

a street sign with graffiti on it

5% OFF your travel protection

.with all medical bills paid upfront!
.ONLY UNTIL MARCH 24TH
.GET IT HERE!

Do you still have any inquiries about travel insurance with cancel for any rationale? Leave a comment and I’ll be pleased to assist!