Someone falls sick or injured and is unable to go the trip as planned. (Prices were accurate at the time of publication.) Your plan must be purchased within 24 hours of the initial deposit for your trip in order Cancel For Any Reason is an optional upgrade that provides partial reimbursement for prepaid and non-refundable trip payments if a trip is canceled for a reason not otherwise covered by a policy. When you purchase this add-on for an additional premium, you can cancel your trip for any reason that would normally be excluded by our travel insurance cancellation policies.” The insurer states that CFAR could provide cover if “you’re concerned about recent events at your travel destination – such as the current coronavirus (COVID-19) outbreak – and want to postpone your trip”. Travel insurance benefits if your trip is cancelled The main advantages of cancellation insurance are the costs that are covered if you can no longer go on your holiday. Get emergency medical benefits, too. By adding CFAR coverage, you can cancel your trip for any* reason and be reimbursed for up to 50% of prepaid, non-refundable travel costs associated with your cancelled trip. The benefit does exactly what it claims to do: those travelers who are forced to cancel their trip for a qualified reason may have their non-refundable fees reimbursed through a travel insurance claim. Leading travel insurance Cover-More announced it will be offering cancel-for-any-reason (CFAR) – a first for Australian travellers. Trip insurance for Cancel for any reason There are different reasons why one would cancel their trip. For any other concerns related to the pandemic, the Cancel For Any Reason upgrade is the best option for travelers with recently purchased trips. Travel insurance for independent travelers and intrepid families. If you're interested in Trip Cancellation for Any Reason, an available add-on coverage with our Premium plan, don't wait to buy travel insurance. Cancel for Any Reason travel insurance allows a traveler to cancel for any reason whatsoever and still receive a significant refund. This ‘Cancel for any reason” benefit would offer coverage. Travel insurance. It is a great option that allows you to cancel your trip for reasons that are not normally covered in Trip Cancellation Travel Insurance : This provides you with coverage from the date of purchase until the date you leave for your trip. “The one exception to this is the CFAR [Cancel for Any Reason] optional upgrade,” said Sandberg. Home / Travel Insurance / Benefits / Cancel For Any Reason Important Update We have announced a suspension of Cover-More’s Cancel For Any Reason (CFAR) add-on product in Australia and New Zealand in the wake of the rapidly changing and escalating global impact of the coronavirus (COVID-19) outbreak. Another reason that cancellation may occur is the death of a family member who is not traveling. 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