Since the start of the pandemic, travel insurance companies are selling more “cancel for any reason” policies than ever. But before buying this type of coverage for your upcoming vacation, there are a few things you need to know about the pricey travel protection.
“It’s important to understand the details,” says Chris Carnicelli, CEO of Generali Global Assistance. That includes rules on when you can buy such policies, coverage limits and important restrictions on the timing of your claims.
As with all things related to insurance, you still have to read all the fine print.