Regular travel insurance protects you against medical costs abroad, lost luggage and similar problems once you are on the road. But what if you need to cancel the whole trip before you even leave? Flights and hotels are often non-refundable, and plans can change for countless reasons. That is where cancel for any reason insurance comes in: cover that refunds most of the money you spent, no matter why you decide not to go.
What is cancel for any reason insurance?
As the name suggests, this type of policy refunds a large part of your trip costs – typically up to 80 percent – if you choose to cancel, whatever the reason. Two points are worth highlighting:
- It covers the whole trip, not just the flight: hotels, packages and other prepaid expenses can be included, up to the amounts you insured when buying the policy.
- No explanation needed: you do not have to prove illness or any other specific cause.
When can it save you?
Of course, it applies if you fall ill or are injured and cannot travel. But it also covers situations that standard cancellation insurance usually excludes, for example:
- You simply changed your mind, or a work commitment came up.
- You found a much better deal to the same destination.
- A few days before your ski holiday, it turns out there is not enough snow.
- You are worried about the situation at your destination and prefer not to go.
When can you buy it?
Timing matters. Cancel for any reason flight insurance generally has to be bought shortly after you book: with some Israeli insurers, up to 15 days after purchasing your ticket if the trip is more than three months away, and up to seven days after purchase if it is sooner. Terms differ between companies, so check the exact conditions.
What it does not cover
This insurance covers cancellations that you initiate. If the airline cancels your flight – for example because of a war or a strike – you cannot claim under this policy, including for hotels, because the decision was not yours. In that case, the airline is responsible for offering a refund or alternative flight. See what to do when your flight is cancelled.
Is it worth it?
Cancel for any reason cover costs more than standard cancellation insurance, so it makes the most sense when:
- You have booked expensive, non-refundable flights and hotels.
- You are booking far in advance, when plans are more likely to change.
- You are travelling as a family, so the total at stake is high.
- The situation at home or at your destination is uncertain.
Compare before you buy
Several insurers offer this type of cover, and both prices and terms vary. A comparison platform such as Shuk HaBituach lets you compare flight cancellation policies side by side, including customer ratings. Always read the policy terms carefully before you buy.
For the wider picture, read our travel insurance tips, our guide to comparing travel insurance prices and the explainer on trip cancellation cover and supplier terms.
