Flight Insurance Blog
Thursday, May 17, 2012
- 20
Jan
2012 -
Crazy Weather? Sanity Lies in Flight Cancellation Insurance
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Flight cancellation insurance protects a person against any losses the plan holder might incur because of his/her not being able to fly as planned. This can be because of a situation on the plan holder’s end, such as the loss or grave illness of a close family member or traveling partner, or because of an external situation, such as the cancellation of the flight because of weather, or financial insolvency of the airline.
While winter is traditionally when people opt for flight cancellation insurance, keeping in mind snowstorms and possible cancellations, it is prudent to purchase flight cancellation insurance for any travel that has some non-refundable portion.
With last-minute fares and internet booking, this can be a substantial cost, especially for international flights. Even if the airline reimburses you for the next available flight, in case of weather-related cancellations, the difference in the price of the ticket, if any, and any accommodation costs will be taken care of by the flight cancellation insurance plan.
