What is a trip cancellation insurance?

A Travel cancellation insurance is an insurance that provides you with financial security if you have to cancel your Trip due to unforeseen reasons. This can be, for example, due to illness, accident, or other unforeseen events.

This type of insurance can help you cover the costs of cancellation fees or even rebookings, depending on the terms and conditions of your policy. It is important to know the exact terms and exclusions of your Travel cancellation insurance to avoid unpleasant surprises in the event of a cancellation.

The cost of a Travel cancellation insurance varies depending on the provider, destination, duration of travel, and scope of coverage. It is advisable to compare different offers and carefully examine which offer best suits your needs.

In general, a Travel cancellation insurance can be a sensible investment to protect you from financial losses if you have to cancel your Trip for unexpected reasons. It is worth informing yourself about this form of protection and deciding whether it is suitable for you and your travel plans.