Best “Cancel For Any Reason” Travel Insurance Companies in 2025
Planning a trip involves excitement, but also the potential for unforeseen circumstances. What if a sudden illness, a family emergency, or even just a change of heart forces you to cancel your carefully planned vacation? Standard travel insurance might offer coverage for specific reasons, such as a medical emergency. However, for greater flexibility, “cancel for any reason” (CFAR) travel insurance provides a valuable solution.
CFAR travel insurance allows travelers to cancel a trip for any reason not listed in their policy and receive partial reimbursement. Instead of losing your entire investment in a non-refundable trip, CFAR coverage typically reimburses 75% of your insured trip costs. This can provide significant peace of mind, knowing you have options if unexpected events occur.
Here’s a look at some of the best “cancel for any reason” travel insurance providers:
Travel Guard
Travel Guard often appears at the top of the list for travel insurance, and their Preferred Plan includes CFAR coverage. This plan provides a balance of benefits and affordability. It also offers options to customize your policy with upgrades like pet coverage, and coverage for sports and travel inconveniences. However, the Travel Guard Preferred plan has lower medical insurance limits than other plans.
- Pros: Offers tailored upgrades, coverage for early trip starts, and compensation for travel inconveniences.
- Cons: Relatively low travel medical insurance limits.
- CFAR Reimbursement: 75%
Seven Corners
Seven Corners offers the Trip Protection Basic plan which includes solid CFAR coverage. Their Trip Protection Basic plan provides top-notch CFAR reimbursement at a competitive price. It also has excellent medical evacuation coverage.
- Pros: Solid medical evacuation coverage, and cruise/tour missed connection benefits.
- Cons: Lower medical expense and baggage loss limit
- CFAR Reimbursement: 75%
WorldTrips
WorldTrips’ Atlas Journey Explore plan is another excellent option, often ranking as one of the more affordable CFAR policies with solid overall coverage. This plan offers good medical evacuation benefits, coverage for missed connections, and available upgrades for pet owners.
- Pros: Excellent medical evacuation benefits, and coverage for travel delays and missed connections.
- Cons: Lower baggage delay benefits compared to other top-rated plans.
- CFAR Reimbursement: 75%
Aegis (formerly GoReady)
The GoReady Pandemic Plus policy from Aegis is a budget-friendly CFAR option. If you are concerned about keeping costs down, consider this policy. The Pandemic Plus coverage is more affordable, although the underlying core benefits are limited compared to competitors.
- Pros: Good medical evacuation benefits and trip interruption benefits.
- Cons: Low medical insurance coverage and missed connection benefits.
- CFAR Reimbursement: 75%
John Hancock Insurance Agency
John Hancock’s Silver plan offers decent coverage at a competitive price, with good features such as excellent medical evacuation coverage. A significant benefit is this coverage is often available with a relatively low price point. The policy’s medical coverage is not as high as some competitors.
- Pros: Excellent medical evacuation benefits and travel delay benefits.
- Cons: Medical coverage limits can be lower than in other plans.
- CFAR Reimbursement: 75%
Tin Leg
Tin Leg’s Gold plan is another excellent option, providing strong medical benefits for a reasonable price. This is a great choice for CFAR coverage if you need high medical and evacuation coverage.
- Pros: Excellent medical and evacuation coverage, short travel delay waiting periods.
- Cons: Baggage delay and loss coverage may not be as robust.
- CFAR Reimbursement: 75%
Travel Insured International
The Worldwide Trip Protector Plan from Travel Insured International provides a longer purchasing window for CFAR coverage. This plan has strong benefits, including top-tier non-medical evacuation coverage and rapid compensation for delays.
- Pros: “Interruption for any reason” upgrade, top-notch evacuation benefits, and good travel and baggage delay benefits.
- Cons: Medical coverage can be lower than in competing plans.
- CFAR Reimbursement: 75%
Travelex Insurance Services
The Travel Select policy from Travelex is a sound choice at competitive prices. It has great coverage for families, with kids under 17 covered at no additional charge.
- Pros: Good missed connection and travel delay benefits, the primary medical expense coverage.
- Cons: Lower medical coverage limits.
- CFAR Reimbursement: 75%
USI Affinity
USI’s Ruby plan gives a variety of top-level benefits, specifically great medical and evacuation coverage. However, it is one of the more expensive CFAR policies.
- Pros: Excellent medical and medical evacuation coverage, travel delay and missed connection benefits.
- Cons: Baggage delay coverage is lower.
- CFAR Reimbursement: 75%
Nationwide
Nationwide’s Cruise Luxury plan is another excellent, albeit more expensive, policy that offers outstanding medical evacuation benefits and superior luggage protection.
- Pros: Excellent medical evacuation and baggage loss benefits and robust missed connection coverage.
- Cons: It is one of the more pricy options.
- CFAR Reimbursement: 75%
What is “Cancel for Any Reason” Travel Insurance?
CFAR is an optional upgrade that you add to a base travel insurance plan. It provides partial reimbursement (typically 75%) of your pre-paid, non-refundable trip costs if you cancel your trip for any reason not listed in your policy. This can include things like a change of plans, fear of traveling, or simply deciding you’d rather do something else.
To be eligible for CFAR coverage, you’ll usually need to:
- Purchase the coverage within a specific timeframe after your initial trip payment (often within 14-21 days).
- Cancel your trip a certain number of days before your departure (usually 48 hours or more).
- Insure 100% of your non-refundable trip costs.
How Does “Cancel for Any Reason” Coverage Work?
CFAR coverage adds a layer of flexibility, allowing you to cancel your trip for reasons outside the standard policy terms. For example, you can receive compensation if you choose to cancel for the following:
- Fear of travel
- Bad reviews of your resort
- A sudden desire to do something else
- A change in childcare arrangements
- A fight with travel companions
CFAR Limits and Exclusions
It’s important to understand the limits of CFAR coverage: you won’t be compensated for refundable trip costs. Additionally, claims may not be paid if you cancel less than 48 hours before your departure. Moreover, you must purchase CFAR within a specific timeframe of your initial trip deposit.
Is “Cancel for Any Reason” Travel Insurance Worth It?
Whether CFAR insurance is worth it depends on individual circumstances. It’s a good idea for expensive trips planned in advance. The longer the period before your trip and the higher your investment, the more risks you face. If you want to protect your vacation investment, a CFAR policy offers the best of both worlds.
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