Jeremy Murchland | May 14, 2021
Whether it be for work or leisure, over the course of the past year, frequent travel has come to a standstill due to the ongoing COVID-19 pandemic. With the recent development of a long-awaited vaccine, many are eager for mobility and hopeful to begin making travel arrangements for the upcoming year as the world tries to return to a sense of normalcy.
However, as 2020 revealed the unpredictability of the pandemic, travelers may still be reluctant to book trips due to lingering uncertainty. Travelers need assurance that they and their wallets will be protected when booking their next trip.
That’s why the travel insurance industry offers protection plans that allow for cancellation or interruption of travel plans for any reason.
As the world is becoming more restless to get back on our feet, Cancel for Any Reason (CFAR), and a newer benefit, Interruption for Any Reason (IFAR), are great additions to coverage plans that can provide customers with the confidence they need to book their next trip during these trying times.
Seven Corners, a global travel insurance company, has experienced an increase in calls from customers asking how CFAR and IFAR could be of benefit. Our team put together frequently asked questions and answers regarding what CFAR and IFAR are, what they cover, and how they can be useful when preparing for a trip.