What does holiday cancellation insurance cover?
Holiday cancellation insurance policies tend to cover the cost of pre-booked flights and transport, accommodation, and any other agreed expenses you can’t recover from any other source because of a last minute change of plans.
In order to qualify for a cancellation insurance payout, the circumstances must be “unforeseen” or out of your control, which usually means things like:
- Natural disaster
- Flood or fire at your home
- Accident or illness
- Loss of a loved one
- Jury duty
- Travel destination becomes unsafe.