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Published on Jun 5, 2012
InsureMyTrip Explains: What is "CFAR?" Why should I consider it? Please refer to the specific policy for coverage details or call InsureMyTrip.com if you have any questions about the content in this video at 1-800-487-4722
CFAR stands for Cancel For Any Reason. Cancel For Any Reason is a travel insurance benefit available on some Package policies that are offered on the InsureMyTrip.com website. As Customer Care Representative Gail explains, if you are interested in this type of travel insurance benefit, there are some requirements you must meet:
- Purchase within 10-30 days of your trip deposit - Insure 100% of your pre-paid non-refundable expenses - Cancel 2 or more days prior to your scheduled departure date
With the CFAR benefit, you have the ability to cancel your trip for ANY reason - even if you just change your mind and do not want to travel any longer. The insurance company will not ask why you are cancelling in the event you have to file a claim.