What is CFAR travel insurance?

Cancel for Any Reason (CFAR) travel insurance is a type of benefit not included or offered with every comprehensive travel insurance policy. The coverage is usually an optional upgrade or optional benefit. CFAR protects 50-75% of your insured trip amount and allows you to cancel your adventure for any reason whatsoever. Unfortunately, you won’t find a CFAR travel insurance policy that reimburses 100%. Since CFAR provides such extremely flexible coverage, there are a few eligibility requirements you have to meet to purchase this specific upgrade.

 

How do I buy CFAR travel insurance? 

You should buy a Cancel for Any Reason policy as soon as you make your first payment or deposit. As mentioned above, to be eligible to purchase a policy with a CFAR benefit, you must meet the following eligibility conditions:

1. Purchase the policy within 14-21 days of the initial trip deposit date

2. Insure 100% (not just a portion) of your prepaid non-refundable expenditures

3. Cancel your trip at least 48 hours prior to your scheduled departure date

 

Like most insurance policies, pricing is mostly based on the age of the traveler and the cost of their trip. This is why it’s important to compare plans to find the most affordable option since CFAR policies can cost anywhere from 8-15% of your trip cost.

 

To compare travel insurance policies with Cancel for Any Reason coverage, simply run an instant quote and select the filter displayed below.

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