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You are here: Home > Companies > TravelSafe > TravelSafe ‘Cancel for any reason’ Penalty Schedule

TravelSafe ‘Cancel for any reason’ Penalty Schedule

‘Cancel for any reason’ coverage amounts vary depending on the individual plan rules and are sometimes subject to cancellation penalties. A cancellation penalty is the amount the travel supplier will not refund you – that is, your penalty –  if you have to cancel. The cancellation penalty determines the percentage that travel insurance will reimburse less the amount refunded by your travel supplier.

TravelSafe Classic Penalty Schedule

If the cancellation penalty is up to:the amount payable is:
25% of trip cost100% of penalty amount
26-50% of trip cost85% of penalty amount
50% or more of trip cost75% of penalty amount
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My name is Damian, and I started this website in 2006 to help travelers understand travel insurance.

The site features company reviews, guides, articles, and many blog posts to help you better understand travel insurance and pick the right plan for your trip (assuming you actually need travel insurance).

I am also a licensed travel insurance agent, and you can get a quote and purchase through this site as well.

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