Trip Cancellation Insurance
Compensation for loss of personal accommodation or travel charges following the necessary and unavoidable cancellation of the trip due to death, serious injury or sudden sickness of the insured person or a family member.
Trip cancellation is when a traveler faces a situation in which they must cancel their trip completely, before the trip has even started. An example of this would be if you planned an elaborate trip in which you prepaid for all airline tickets and hotel stays, but just a couple of days before the trip, you fell seriously ill and had to cancel your travel plans all together. This would be considered trip cancellation and having coverage for this would provide you reimbursement for all non-refundable travel expenses for an unforeseen and covered event, up to the amount covered by your policy.