InsureMyTrip recommends cancel-for-any-reason insurance coverage to domestic travelers

InsureMyTrip has announced summer travelers consider insurance coverage that specifies cancel for any reason to guard against Covid-19-related travel concerns as well as storm threats this hurricane season, the company said.

The company said as travel restrictions wane, travelers want maximum flexibility when it comes to trip cancellations.

Considerations when considering cancel for any reason coverage include:

-It´s usually optional.
-Entire trip must be insured.
-Generally, plans that include a cancel for any reason benefit do tend to cost more. It may run an additional 40-60 percent more than a standard plan.
-Travelers must still must file a claim.
-Travelers must purchase this coverage within 14-21 days of making an initial trip payment or deposit.
-The trip must be canceled no less than two days prior to departure.
-Reimbursement is usually 50-75 percent of the entire prepaid, non-refundable trip cost.

Travel insurance plans with the optional cancel for any reason coverage offers the most protection for travelers who may want to cancel a trip due to Covid-19.

While some standard trip cancellation policies may cover a physician-ordered quarantine or contracting the virus (unless pandemics are specifically excluded), it will not cover Covid-19 related cancellations due to fear of travel or any government-ordered border shutdowns.