Cost guide

Refundable vs Nonrefundable Trip Costs

Travel insurance is most relevant to money you would actually lose after a covered event, not every dollar in the itinerary.

Reviewed 2026-08-11. Educational guide, not a quote or benefit approval.

Mark refundability by booking

Read airline, hotel, cruise and tour cancellation terms before insuring the cost.

Credits are not always cash refunds

Understand whether a supplier credit reduces the loss under the policy.

Insure the eligible amount

Do not automatically include fully refundable bookings in the insured trip cost.

Update changes

If a booking becomes nonrefundable later, confirm whether the policy should be updated.

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