Cancel For Any Reason Travel Insurance

Shawn Plummer

CEO, The Annuity Expert

Travel insurance can be a great thing to have if you need to cancel your trip. You will get money back depending on what the reason is. If you want more flexibility, then you might need CFAR coverage.

“Cancel For Any Reason” coverage means that you can cancel your contract for any reason and get some money back, no matter why you decided not to go through with it.

Does travel insurance allow me to cancel for any reason?

You can get reimbursed for canceled travel but there are rules and limitations. CFAR protection is generally the only way to get back some of the money you pre-paid for a nonrefundable trip.

What is cancel for any reason coverage?

  • CFAR is supplemental coverage for travelers who want to cancel a non-refundable trip. They will get money back not covered by travel insurance when they cancel the trip.
  • The coverage is an optional upgrade added when you purchase primary travel insurance.
  • Not every insurance company offers it.
  • Only this coverage will pay you if you cancel the trip for any reason.
  • If you get a voucher or credit from a hotel or airline for your trip, then your claim may not be eligible for CFAR insurance. But if you only get a partial voucher/credit and have leftover expenses, then you can claim the amount that is not reimbursed.

How to buy CFAR coverage

If you’re choosing a policy, make sure to select the optional cancel for any reason add-on. Not every insurance company offers CFAR coverage, so make sure when buying that CFAR.

Learn More: A Guide To Travel Insurance

Will CFAR give me a full refund for my trip?

You can get up to 75% of your money back for any plans you pay upfront. CFAR provides peace of mind when it comes to travel plans, but there are certain things to keep in mind. Accepting credit or vouchers from the airline/hotel for a canceled trip may void the CFAR coverage.

When should I purchase CFAR?

Most trip insurance plans allow you to purchase coverage up to a 21-day window after your initial payment.

What does a CFAR policy cover, and can I cancel for ANY reason?

You can cancel your trip for any reason and you will not lose the full deposit. You just need to make sure that you cancel before a certain date and insure the entire amount of the trip.

The Limitations

  • You won’t receive the full reimbursement amount.
  • You will need to cancel at the soonest, two days in advance to get reimbursed.
  • For travel providers, it is standard to require 100% coverage.
  • After buying a nonrefundable trip, you will have a limited time to add the CFAR option.
  • If you accept vouchers or credits, CFAR can’t give you money back on your canceled trip. However, if the airline gives you a partial credit or does not pay all of the expenses on your trip, then you can get money back on the remaining amount.

Shawn Plummer

CEO, The Annuity Expert

I’m a licensed financial professional focusing on annuities and insurance for more than a decade. My former role was training financial advisors, including for a Fortune Global 500 insurance company. I’ve been featured in Time Magazine, Yahoo! Finance, MSN, SmartAsset, Entrepreneur, Bloomberg, The Simple Dollar, U.S. News and World Report, and Women’s Health Magazine.

The Annuity Expert is an online insurance agency servicing consumers across the United States. My goal is to help you take the guesswork out of retirement planning or find the best insurance coverage at the cheapest rates for you. 

Scroll to Top