Best ‘Cancel For Any Reason’ Travel Insurance Of 2024

We found that the Travel Guard Preferred plan has the third-lowest average price among CFAR policies we reviewed.

We also like the Travel Guard Preferred plan because its optional pet, wedding, security, baggage, medical, adventures sports and travel inconvenience upgrades allow you to customize a policy to match your needs. This may offset the downside of low limits in the base policy. Additionally, the Travel Guard Preferred plan includes benefits if (under certain conditions) you must start your trip earlier than planned, a feature not found in all policies.

• Offers upgrades to meet the needs and budgets of many kinds of travelers.
• Reimburses up to $2,500 for meals, accommodations and transportation if you must begin your trip earlier than scheduled due to inclement weather or common carrier changes.
• Provides up to $750 for “travel inconveniences,” such as flight delay to your return destination, runway delays and cruise diversions, and $1,000 in missed connection benefits.

More: AIG Travel Insurance Review

• Very low travel medical insurance limits of $50,000 compared to most other policies we evaluated.

• Provides either 50% reimbursement up to $75,000 or 75% reimbursement up to $112,500 for prepaid, non-refundable trip costs.
• You must buy your travel insurance policy within 15 days of your first trip deposit to purchase CFAR coverage.
• You must cancel no less than two days before your scheduled departure to be eligible to file a CFAR claim.
• You can be compensated for 50% or 75% of your travel supplier’s change fees.
• You can recoup 50% or 75% of the cost of re-depositing frequent traveler awards used for the trip.

We like the Trip Protection Basic plan because it provides top-notch CFAR reimbursement at the lowest price among the travel insurance companies we evaluated.

• Includes a good level of medical evacuation coverage of $250,000.
• Includes cruise and tour missed connection benefits of $500 per person after 3-hour delay.
• “Interruption for any reason” upgrade available.

More: Seven Corners Travel Insurance Review

• Low medical expense limits of $100,000, but you might find that’s sufficient.
• Baggage loss and delay coverage is on the low side at $500 per person.
• Does not cover pre-existing medical conditions.

• To buy CFAR coverage, you must buy your travel insurance within 20 days of your initial trip payment and within 15 days of payment for any subsequent travel arrangements added to your trip.
• You must cancel your trip no less than two days prior to the scheduled departure date of your trip to be eligible to file a CFAR claim.

The Atlas Journey Preferred plan was the second-cheapest CFAR policy among those we analyzed and provides solid coverage across the board. We also like the policy’s generous time frame for purchasing CFAR.

We recommend this plan if you’re interested in upgrades or are a pet owner. Available upgrades include extra coverage for pets traveling with you, adventure sports, destination weddings, hunting and fishing equipment and more.

• Includes travel inconvenience benefits of $750 per person.
• Superior medical evacuation benefits of $1 million per person.
• Very good missed connection coverage of $1,500 per person after 3 hours.

More: WorldTrips Travel Insurance Review

• Medical expense coverage limits of $100,000 aren’t as high as some other policies but might be enough for you.
• Baggage delay benefits have a 12-hour waiting period.

• You can choose 50% CFAR or 75% CFAR reimbursement levels.
• You must buy CFAR coverage within 21 days of making your first trip deposit.
• The maximum trip cost per person is $150,000 for CFAR benefits.
• You must cancel your trip 48 hours or more prior to your scheduled departure date.
• CFAR coverage does not pay for costs associated with travel arrangements that are not provided by your travel supplier, which is any entity or organization that coordinates or supplies travel services for you.
• Your CFAR benefits won’t apply if your travel supplier didn’t provide the agreed-upon arrangements.
• You must insure 100% of your prepaid, non-refundable trip costs.

We chose the GoReady Pandemic Plus policy because its competitive average cost helped push it to a high rating. If you want an affordable CFAR plan and aren’t concerned about very low coverage amounts for some core benefits, we recommend checking out the GoReady Pandemic Plus plan.

• Decent medical evacuation benefits of $500,000.
• Very good trip interruption benefits of 150% of insured trip cost.

• Travel medical insurance coverage of just $50,000 per person is low compared to many competitors.
• Missed connection benefits of $250 is skimpy compared to many other top-rated policies we evaluated.

• You must buy CFAR coverage within 14 days of making your first trip deposit.
• You must add to your policy and insure any subsequent trip costs within 14 days of making the added payments.
• You must cancel at least two days prior to your scheduled departure date to be eligible to file a CFAR claim.
• You must insure 100% of your prepaid, non-refundable trip costs.

We picked John Hancock’s Silver plan with CFAR benefits because it provides decent coverage at a competitive price. We also like the policy’s excellent medical evacuation coverage and travel delay benefits that apply after only a 3-hour wait.

• Excellent evacuation coverage limits of $500,000 per person.
• Fairly good missed connection benefits of $750 per person after a 3-hour waiting delay.
• Includes $100,000 per person in 24-hour accidental death and dismemberment (AD&D) coverage.

More: John Hancock Insurance Agency Travel Insurance Review

• A medical coverage limit of $100,000 isn’t as high as some other policies, but might be adequate for you.

• You must cancel at least two days prior to your scheduled departure date to be eligible to file a CFAR claim.
• You must insure 100% of your prepaid, non-refundable trip costs.
• You must buy CFAR coverage within 14 days of making your first trip deposit.
• You must add and insure subsequent trip costs within 14 days of making the added payments.

We like Tin Leg’s Gold plan because it has generous levels of medical benefits for a very good price, making it a front-runner if you want a CFAR plan with high medical and evacuation coverage.

• Excellent medical and evacuation coverage limits of $500,000 per person.
• Short travel delay waiting period of 6 hours.
• Generous trip interruption reimbursement of 150% of insured trip cost.

More: Tin Leg Travel Insurance Review

• Baggage delay coverage doesn’t kick in until 24 hours of delay.
• Baggage loss reimbursement and missed connection benefits are on the low end at $500 per person.

• You must insure 100% of your prepaid, non-refundable trip costs.
• You must cancel at least two days prior to your scheduled departure date to be eligible to file a CFAR claim.
• You must buy CFAR coverage within 14 days of making your first trip deposit.
• You must insure the cost of any subsequent arrangements added to the same insured trip within 14 days of the date of making a payment for any added covered trip arrangements.

We recommend the Worldwide Trip Protector Plan because you can buy CFAR coverage up to 21 days after making your first trip deposit, compared to just 14 days allowed for some other top-rated policies. We also like the policy’s robust benefits, including superior non-medical evacuation coverage and short waiting periods for coverage for delays.

• “Interruption for any reason” upgrade available.
• Top-notch non-medical evacuation benefits of $150,000 per person and $1 million for medical evacuation.
• Good travel delay and baggage delay benefits kick in after just a 3-hour delay.

• Medical coverage of $100,000 per person is on the low side compared to top competitors but might be enough for your needs.

• You must buy CFAR coverage within 21 days of making your first trip deposit.
• You must cancel your trip 48 hours or more prior to your scheduled departure date to qualify for CFAR benefits.
• Only travel arrangement costs associated with your travel supplier are covered. A travel supplier is any entity or organization that coordinates or supplies travel services for you.
• CFAR benefits aren’t applicable if your travel supplier fails to provide the arrangements you agreed upon because it goes out of business.
• You have to insure the full cost of any subsequent arrangements added to your trip within 21 days of the date of your payment for add-on costs.

The Travel Select policy was the fourth-cheapest among CFAR policies we evaluated. That makes it a solid choice at a competitive price, although medical expense limits are lower than those of top competitors.

We recommend the Travel Select plan for families—children under age 17 accompanied by an adult covered by the policy are covered at no extra charge.

• Decent missed connection benefits of $750.
• Very good travel delay coverage of $2,000 per person after a 5-hour delay.
• Medical expense coverage is primary, compared to some competitors’ secondary coverage.

More: Travelex Travel Insurance Review

• Medical coverage of $50,000 per person is on the low side.
• Baggage delay coverage requires a 12-hour delay and has a low $200 per person limit.

• To purchase CFAR coverage you have to buy it when you buy your travel insurance policy, which must be within 15 days of your first trip payment.
• You’ll be compensated 75% of your insured trip cost, up to $7,500.
• Your trip length can’t be more than 30 days.
• Your trip cost can’t be more than $10,000.
• You must insure 100% of your prepaid, non-refundable trip costs to receive CFAR benefits.
• You must cancel no less than 48 hours prior to your departure date to be eligible to file a CFAR claim.

USI’s Ruby plan is more expensive than most other top-scoring CFAR policies we evaluated, but provides a variety of top-level benefits, such as excellent coverage for medical and evacuation expenses.

• Excellent coverage limits of $250,000 for medical expenses and $500,000 for medical evacuation.
• Good travel delay coverage of $1,000 per person after a 6-hour delay.
• Good missed connection coverage for cruise and tours of $750 per person after 3-hour delay.

More: USI Affinity Travel Insurance Review

• Baggage delay coverage is on the low side at $300 per person and requires a 12-hour delay for benefits to start.

• You must cancel at least two days prior to your scheduled departure date to be eligible to file a CFAR claim.
• You must insure 100% of your prepaid, non-refundable trip costs.
• You must buy CFAR coverage within 14 days of making your first trip deposit.
• You must insure any subsequent trip costs within 14 days of making the added payments.

We like the Atlas Journey Premier plan because it has a generous time allowance for buying CFAR—21 days after your first trip deposit. It also offers an “interruption for any reason” upgrade. We recommend the Atlas Journey Premier policy if you’re looking for a wide selection of optional add-ons, such as extra coverage for pets traveling with you, adventure sports, destination weddings, hunting and fishing equipment and more.

• Superior medical evacuation benefits of $1 million and good medical expense coverage of $150,000 per person.
• Very good travel delay benefits of $2,000 per person after only 5 hours.
• Excellent missed connection coverage of $2,000 per person after 3 hours.

More: WorldTrips Travel Insurance Review

• Baggage delay benefits have a 12-hour waiting period.

• You must buy CFAR coverage within 21 days of making your first trip deposit.
• You must be able to travel at the time you buy your CFAR upgrade.
• 100% of your trip costs must be insured.
• The trip cost per person can’t be more than $150,000.
• You must cancel your trip 48 hours or more prior to your scheduled departure to receive CFAR benefits.
• Only travel arrangement costs associated with the entity or organization that coordinates or supplies your travel services are covered.
• CFAR benefits aren’t applicable if your travel supplier fails to provide the arrangements you agreed upon.

The Travel Guard Deluxe plan is the third-most expensive plan with CFAR among those we analyzed but that might be offset by the generous optional add-ons available.

You can customize the Travel Guard Deluxe policy to your needs and budget with optional pet, wedding, security, baggage, medical, adventures sports and travel inconvenience upgrades. We also like the Travel Guard Deluxe plan because it includes benefits if under certain conditions you must start your trip earlier than planned, a feature not found in all policies.

• Superior medical evacuation benefits of $1 million and security evacuation benefits of $100,000.
• Reimburses up to $2,500 for meals, accommodations and transportation if you must begin your trip earlier than scheduled due to inclement weather or common carrier changes.
• Provides up to $750 for “travel inconveniences,” such as flight delay to your return destination, runway delays and cruise diversions.

More: AIG Travel Insurance Review

• Low travel medical insurance of $100,000 compared to some other policies we evaluated.

• You can be compensated for 50% or 75% of your travel supplier’s change fees.
• Provides either 50% reimbursement up to $75,000 or 75% reimbursement up to $112,500 for prepaid, non-refundable trip costs.
• To purchase CFAR coverage, you must buy your travel insurance policy within 15 days of your first trip deposit to purchase.
• For CFAR benefits to apply, you must cancel no less than two days before your scheduled departure.
• You can recoup 50% or 75% of the cost of re-depositing frequent traveler awards used for the trip.

We picked Nationwide’s Cruise Luxury plan because it provides an array of generous benefits, including excellent medical evacuation coverage limits. But it’s the second-most expensive policy, on average, among those we reviewed.

• “Interruption for any reason” upgrade available.
• Excellent medical evacuation coverage of $1 million and includes $25,000 in non-medical evacuation benefits.
• Superior baggage loss benefits of $2,500 per person and superior baggage delay benefits of $1,000 per person.
• Excellent missed connection coverage of $2,500 per person after only a 3-hour delay.

More: Nationwide Travel Insurance Review

• Though you get generous benefits, the Cruise Luxury plan’s average cost is a bit more expensive than some other top-rated CFAR policies.

• You must cancel at least two days prior to your scheduled departure date for CFAR benefits to apply.
• You must insure all trip costs that are associated with cancellation penalties or restrictions to be eligible to purchase CFAR.
• You have to buy CFAR coverage within 14 of your initial trip deposit and within 14 days of payment for any subsequent travel arrangements added to your trip.

The Trip Protection Choice plan from Seven Corners provides solid benefits across the board, and we especially like the policy’s excellent travel medical and evacuation coverage. It’s more expensive than other top-rated policies we reviewed, but you have 20 days to buy CFAR after making your first deposit. Our analysis found that’s about six days more than what many other competitors provide.

• Includes $20,000 in non-medical evacuation coverage.
• Top-notch travel medical coverage of $500,000 per person and medical evacuation coverage of $1 million.
• Excellent travel delay benefits of $2,000 after a 6-hour delay and missed connection coverage of $1,500.
• Great baggage insurance coverage of $2,500 per person.

More: Seven Corners Travel Insurance Review

• The Trip Protection Choice plan had the highest average price among top-scoring CFAR policies we evaluated.

• Only travel arrangement costs associated with your travel supplier—any entity or organization that coordinates or supplies travel services—are covered.
• You must cancel your trip no later than two days before your scheduled departure date if you want to file a CFAR claim.
• CFAR benefits aren’t applicable if your travel supplier fails to provide the arrangements you agreed upon because it goes out of business.
• You must buy CFAR coverage within 20 days of making your first trip payment and within 15 days of payment for any subsequent travel arrangements added to your trip.