Protect your travel investment

Cancellation insurance covers the cost of your travel arrangements. The benefits payable under this policy covers the travel costs that are non-refundable and non-transferable, to the maximum sum insured. This policy protects your trip value in case you need to cancel due to unforeseen events such as a serious illness, or even the death of a loved one.It also provides protection in case your airline or cruise line suddenly goes bankrupt. In brief, trip cancellation insurance covers financial losses related to non-refundable expenses, such as prepaid purchases.

Trip cancellation travel plans provides reimbursement for non-refundable trip cost if you are prevented from taking your trip due to unforeseen covered events stipulated in your policy. Trip Interruption provides reimbursement for unused, non-refundable costs if the trip is interrupted, along with reimbursement for the additional transportation cost to return home or rejoin your trip.

Medical insurance coverage begins at the date and time you leave your province or territory of residence. If your travel insurance coverage includes cancellation and trip interruption benefits, the effective date will be the date of your purchase. Therefore, between the date of purchase and prior to your departure date, you will be covered for events that could lead to cancelling your trip.