Friday, October 2, 2020

Cancel For Any Reason (CFAR) Offers Greater Flexibility

Protection Brands is please to offer travel protection underwritten Nationwide Insurance Company.  Cancel For Any Reason (CFAR) coverage provides added flexibility for the traveler by providing partial reimbursement should they find the need to cancel their travel plans for something not normally covered by travel insurance.

A standard plan will protect your financial investment with 100% reimbursement for a loss for one of the more than thirty covered events. Those events are wide ranging and include such things as sickness, accidents, death of a family member, job change or transfer, weather, jury duty, travel provider default and more (reference policy for specifics). 

There may be other events that cause you to not want to travel, but those events are not covered by a standard policy.  It could be any reason or not reason.  Maybe its scheduled to rain all week, your car broke down and you could use vacation funds for repairs, an event got cancelled, you are leery of traveling due to COVID or literally any reason at all.

With CFAR, you would receive 100% loss reimbursement for you loss for a reason covered by the standard plan or 60% loss reimbursement for a non-covered reason.  CFAR has certain requirements that must be met.  Coverage can only be purchased at the time of booking travel or within 14 days thereof and your travel must start more than 30 days out.  After the 14 days, only the standard policy is available.  Cancellations for non-covered reasons must be made at least 2 days (48 hrs) before the scheduled start of your trip.

More information at www.travelprotection.insure.  Policies are purchased at the website and delivered to you by email with 24 hrs.

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