You have been planning this trip for what seems like forever. After a lot of attempts everything falls into place. You have made all arrangements via a pre-paid holiday package for an exotic holiday destination. Now you are all eager to have fun on your holidays in Abu Dhabi. Only, two days before your departure flight, you come down with flu. Your doctor advises you to cancel the trip. So your plan to visit Abu Dhabi goes up in flames. In this scenario, you would have nothing to worry about, if you have taken out a trip cancellation cover on your insurance policy. If not, you will be reimbursed for the holiday package and you can always plan again for your Abu Dhabi holidays.
Travel insurance, alone is not enough to safeguard against monetary losses if you have to cancel your trip for some unforeseen reason. For this purpose, it is essential to have a cover for trip cancellation insurance. Some of the features for this cover may vary depending upon the international travel insurance. However, there are certain denominators for the cover throughout international travel. A trip cancellation cover basically reimburses you for the covered amount if you cancel the trip for the reasons covered in your insurance policy.
The common reasons for trip cancellation covered in this insurance are if you suffer from ill health or injury, natural calamities, weather conditions, traffic accidents, damage of property, schedule or work conflicts, terrorist activity or mandatory evacuation at your chosen destination, suffering from physical conflict prior to departure, financial default or bankruptcy of travel supplier, theft of passport or visa and death or illness of your destination host.
A trip cancellation cover does not reimburse the money if the reasons for cancelling the trip are cited as mental illness or panic attacks, for extending medical treatment at your home destination, indulging in drugs or substance abuse, civil riots at your destination, government regulation or prohibition, unfavorable weather and other such reasons. Before buying a trip cancellation cover, ensure that you know what it does and does not cover. You can opt for the ‘cancel for any reason’ choice in your cover so that it can cover most of the unforeseen scenarios. Some plans do have the option to include ‘cancel for work reasons’.
The cover is effective immediately when it is paid in full and in force. It ends at the time of your departure for the trip or at the cancellation of your trip. You have to inform your insurance supplier and your travel suppliers, two to three days before departure date in case of a cancellation.