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The decision of whether to include trip cancellation coverage in your travel insurance plan is a crucial one for any traveller. Various unforeseen events can cause trip cancellations, and this coverage can offer financial protection and peace of mind. In this article, we will explore the importance of trip cancellation coverage in travel insurance, the situations where it is valuable, and how to decide whether it’s necessary for your specific travel plans.

Despite the money and time spent on planning, cancelling your travel plans may occasionally be necessary. Therefore, we know how crucial it is to purchase international Bajaj Allianz

travel insurance when organising a trip abroad. But how would travel insurance help if the accident happened before you left on your trip? You might be wondering – the trip cancellation insurance is your saviour in this situation.

Let’s look into this a little:

What Does Trip Cancellation Insurance Cover?

Suppose you must cancel your trip due to an unforeseen emergency. In that case, trip cancellation insurance enables you to recover the non-refundable costs incurred when booking your airline, cruise, hotel, etc. reservations. Claims are subject to terms and conditions set forth under the travel insurance policy. *

To add trip cancellation coverage to your travel insurance plan, some travel insurance providers may charge an additional fee, while others might not. Bajaj Allianz travel insurance offers standard trip cancellation coverage when purchasing travel insurance. You have to make sure that you follow the process for Bajaj Allianz travel insurance renewal on time to stay protected. Claims are subject to terms and conditions set forth under the travel insurance policy. *

Are Trip Interruptions And Trip Cancellations The Same Thing?

Although they can be combined in a comprehensive travel insurance plan, trip cancellations and interruptions can occasionally mean something different.

A travel insurance policy that covers trip interruption may pay for any expenses you make while travelling. Additionally, the benefit reimburses you for any previous travel-related expenses you may have incurred. It also includes the last-minute flight reservation to return to one’s home country.

What Are The Permitted Grounds For Cancelling A Trip?

Depending on the plan, different situations and benefits of travel insurance for trip cancellation may be included. Therefore, it is always advised to read the terms and conditions of your plan before purchasing the entire plan. Please ask your insurer if you still need clarification about any clauses.

Here are a few factors that satisfy the requirements for most international travel insurance online plans’ reimbursement for trip cancellations.

  • Emergencymedical needs of the insured or the illness or demise of a member of their immediate family.
  • Disasters caused by nature in the nation you are about to visit.
  • Riots or terrorist attacks in the country you intend to visit.
  • At least ten days have passed since the loss of the passport.
  • The government travel

Are All Trip Cancellations Eligible For Reimbursement?

Not all insurance companies will reimburse you if you do not meet the criteria for one of the listed reasons for cancelling the trip. However, if you are unsure about your trip, your insurer might offer a higher premium that covers cancellation for any reason. Claims are subject to terms and conditions set forth under the travel insurance policy. *

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*Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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