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The Trip Cancellation market is a subset of the Travel Insurance industry. It provides coverage for travelers who have to cancel their trips due to unforeseen circumstances, such as illness, injury, or death of a family member. Trip Cancellation policies may also cover other events, such as natural disasters, airline strikes, or terrorist attacks. The coverage may include reimbursement for non-refundable deposits, lost deposits, and other expenses related to the trip.
Trip Cancellation policies are typically offered as part of a comprehensive Travel Insurance package, which may also include coverage for medical expenses, lost or stolen luggage, and other travel-related risks.
Some companies in the Trip Cancellation market include Allianz Global Assistance, AXA Assistance USA, Seven Corners, Travel Insured International, and Travelex Insurance Services. Show Less Read more
