Trip Delay vs. Trip Cancellation Insurance

Shawn Plummer

CEO, The Annuity Expert

Trip delays and cancellations. When you’re traveling, these are two words you never want to hear. But if you have a travel insurance plan, a trip delay or trip cancellation may not cause quite as much anxiety, uncertainty, or lost pre-paid fees. Let’s break down both and see how travel insurance can help.

Trip Cancellation

First, let’s look at trip cancellation insurance. This occurs when your trip is over before you even start. If you purchase a travel insurance plan with trip cancellation benefits, you need to cancel your trip for a covered unforeseen reason. For example, you or a travel companion endure a covered injury. The trip cancellation benefit may refund the prepaid non-refundable cost of your trip. This includes costs such as airfare, cruise tickets, tour bookings, and hotel reservations.

Trip Delay

On the other hand, trip delay or trip interruption insurance refers to a brief pause in your travel plans while you are traveling. Once you’ve begun your trip, if you experience a covered delay, the travel delay benefit may reimburse you for meals, accommodations, and lost prepaid expenses.

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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. 

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