Your Premium News - March 2020
Trip Cancellation & Interruption Insurance keeps you travelling even if something unexpected happens along the way.
After researching possible travel destinations, you’re ready to show and tell the world where you’re going and what you’ll be doing on #Instagram. As you’re dreaming about the amazing activities and experiences ahead, you may also want to think about travel insurance as a way to ensure your travel plans are hassle free. Specifically, Trip Cancellation & Interruption Insurance.
Even if you’ve never missed a flight or gotten sick before a trip, Trip Cancellation & Interruption Insurance is a great way to protect you from the unexpected and unpredictable. For example, if you, your travel companion or immediate family member gets sick or injured before a trip and you are unable to travel, you could cancel your plans and plan to travel again at another time without having to pay out of pocket. Trip Cancellation & Interruption Insurance may reimburse you for non-refundable pre-paid travel expenses—like flights and Airbnb rentals—up to the sum that you choose to insure.
It’s also helpful when you’re already on your trip. Let’s say after a great time in Costa Rica, you’re ready to depart to your next destination—Aruba. The day of departure, you find out a sudden hurricane hits the island and your airline can’t fly there until it’s safe to do so. What do you do? With Trip Cancellation & Interruption Insurance, you could be reimbursed (up to a specific maximum) for the unforeseen expenses incurred while waiting for the next possible flight to your next destination. This may include commercial lodging, meals, essential telephone calls, and taxi transportation.
Overall, with Trip Cancellation & Interruption Insurance, you’re able to recover all or part of your investment in your travels, so you can continue your travels in the near future as opposed to the distant future. There are many other scenarios where Trip Cancellation and Interruption Insurance can be helpful with your travel itinerary.
The premium is based on the number of trip days and the total cost of your trip, so you’re only paying for what you need to cover. Call or visit your local CAA Store and talk to a travel insurance professional who can help you get a quote.