Oscar Wilde once said that ‘To expect the unexpected shows a thoroughly modern intellect’. We can’t be sure if he was referring to purchasing a travel insurance plan but there is certainly a parallel to be made. Travel cancellation and interruption insurance helps protect you from unexpected cancellations or interruptions while you are travelling.
7 ways trip cancellation & interruption benefits saves you money
Oscar Wilde once said that ‘To expect the unexpected shows a thoroughly modern intellect’. We can’t be sure if he was referring to purchasing a travel insurance plan but there is certainly a parallel to be made. Travel cancellation and interruption insurance helps protect you from unexpected cancellations or interruptions while you are travelling.
Trip Cancellation
You've been saving up for years and now your trip is just around the corner. Since you've booked through a Canadian tour operator, you don't have to worry about anything. The trip of a lifetime to Bora Bora—a personal cabana over a crystal blue ocean and cocktails with paper umbrellas and exotic fruit. Your holiday plans are perfect. Then imagine the Canadian travel supplier goes bankrupt one week before your departure. And guess what? That tour company won’t be returning your investment.
However, being the savvy traveller you are, you bought trip cancellation insurance that will reimburse your prepaid expenses, up to $3,500 CDN, to enable you to re-book your holiday. Or what if your dream vacation is a ski trip, and just days before departure your travel companion sustains an unexpected injury. Once again, trip cancellation insurance could be financially beneficial, providing some compensation for the cancelled trip.
Trip cancellation coverage typically includes a variety of specific covered reasons that can cause you to cancel your trip. Before purchaing a travel insurance policy, be sure to check what reasons for cancellation are eligible. This way you can be sure the policy will fit your needs.
Trip Interruption
What if something happens while you are already on your trip? Unfortunately, there are lots of things that can go wrong unexpectedly, forcing you to interrupt your plans. A relative may have fallen ill or suffered an injury back home that would force you to end your trip. Perhaps you have to cut your trekking adventure short due to a badly sprained ankle that renders you immobile. Or you may need to evacuate the area you are staying at due to a natural disaster.
Trip Interruption benefits may help cover the cost of changing your flights or purchasing a one-way return ticket earlier than planned, as well as any pre-paid trip arrangements that you’re no longer able to use.
Equipment Rental
Baggage delays
Meals and accommodation
Care for four-legged friends at home
Peace of mind
Travel insurance is underwritten by CUMIS General Insurance Company, a member of The Co-operators Group of Companies, administered by Allianz Global Assistance, which is a registered business name of AZGA Service Canada Inc
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