These days, travelling can be quite unpredictable. Before you purchase a plane ticket, you might worry about losing your money if something comes up and you need to cancel your flight.
That’s where travel insurance comes in. Travel insurance companies offer insurance plans to cover you for certain travelling risks, including lost luggage, medical emergencies and more. But if you’re worried about losing money on a cancelled flight, you want to make sure your plan offers trip cancellation insurance.
Most flight cancellation insurance plans will reimburse your ticket price if, for example:
- You are unable to travel due to sickness.
- A hurricane leads to your flight cancellation.
- You are called for jury duty.
If you really want to protect your finances, look for trip insurance with “cancel for any reason” coverage. This type of coverage will typically reimburse you even if you simply change your mind and decide not to take the trip. Be sure to read the fine print on the policy, though, as different plans will have different terms and conditions.