Cancel for No Reason Option and Initial Payment Date

by Steve Dasseos on March 19, 2010

I have a question regarding the initial payment rule for any of the travel insurance plans I find at, that have the “Cancel for No Reason Option”.

I just got tickets with my frequent flyer miles today. All it costs me are taxes. I will be making accommodation reservations at a later date that I want insured. My question: Is the initial payment date for insurance coverage considered to be when I make a deposit on my accommodations or when I pay the taxes on my frequent flyer miles? Thanks…

Your initial deposit date will be the date you paid the taxes on your Frequent Flyer tickets even though you will not lose any money should you cancel your trip.

In addition, to get the Cancel for Any Reason optional upgrade, you’ll need to insure now the total amount you expect to insure after you pay all your prepaid trip costs. You cannot incrementally increase your trip costs as you pay more money unless you later have to unexpectedly pay additional non-refundable trip costs.

You can learn more about the Cancel for Any Reason plans here. And, here are some related pages:


I hope this makes sense. If you want the right travel insurance advice, call us at 1-888-407-3854 and we'll help you figure it all out.

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