Deciding on travel insurance is an important part of the trip-planning process these days. While many travel insurance policies provide coverage for numerous situations – ranging from sickness or accidental injury to job loss or natural disasters – there are times where something might happen that does not fall under a specific covered reason outlined in a travel insurance plan. When that happens, cancel for any reason travel insurance coverage is something that can help.
Cancel for any reason travel insurance (also known as CFAR) is an add-on upgrade to an existing travel insurance plan that you purchase. It allows travelers to cancel their trip for nearly any reason they want. These are typically reasons that are not already covered elsewhere in a travel insurance plan. Keep in mind, not all insurance plans from a provider allow travelers to buy this additional upgrade.
Typically, CFAR coverage is something you add on in the process of purchasing your travel insurance policy. Very specific requirements are in place for this type of coverage and you should note that you would never receive 100% of your money back; various travel insurance providers with CFAR upgrades offer anywhere from 50% to 80% in reimbursement of the total prepaid, nonrefundable trip cost.
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Please note: All data was accurate at the time of publication and the ratings are based on data collected in October 2025. User ratings can fluctuate as more reviews are posted to independent websites. Also note, every plan may not be available for residents of every state.
Key Takeaways
- Allianz is the Best Cancel for Any Reason Travel Insurance Company, with an industry-leading up to 80% reimbursement on prepaid, nonrefundable trip costs and the ability to cancel as late as the day of departure.
- The top cancel for any reason travel insurance companies provide up to 75% to 80% in vacation cost reimbursement.
- There are specific requirements in place for each cancel for any reason policy, and the conditions vary by travel insurance company so be sure to read the fine print and policy details carefully.
Allianz Travel Insurance offers two plans where travelers can purchase a cancel for any reason upgrade: OneTrip Prime and OneTrip Premier. The company’s Cancel Anytime policy is an industry-leading upgrade, offering up to 80% reimbursement on your prepaid, nonrefundable trip costs and the ability to cancel as late as the day of departure.
Both plans also offer important coverage for issues like trip cancellation, trip interruption, travel delays, lost baggage and emergency medical situations, plus 24/7 assistance via phone.
The OneTrip Prime and OneTrip Premier plans are the only policies that allow travelers to add on the company’s Cancel Anytime upgrade. The stipulations for this upgrade are listed below:
- You must insure the entire cost of your trip within 14 days of the first deposit.
- The start of your trip must be at least 30 days in the future.
- You must cancel your trip before you depart (as late as the day of departure, as long as you haven’t left for your trip).
While Travelex offers multiple different travel insurance policies, only the single-trip Ultimate plan offers the option to upgrade and include cancel for any reason coverage. The Ultimate policy also provides high coverage limits for trip cancellation, trip interruption, emergency medical, emergency evacuation and repatriation, plus lost or delayed bags, missed connections and more. This plan includes 24/7 emergency assistance, and there are several additional upgrade options for adventure activities, rental car coverage, pet care and cancel for business reasons.
The Ultimate plan is the only option for cancel for any reason travel insurance from Travelex. For this type of cancellation insurance to apply, the following criteria must be met:
- All nonrefundable trip costs must be insured and you need to buy the upgrade within 21 days of initial trip payment.
- Any remaining purchases must be covered within 14 days of booking.
- The trip must cost $10,000 or less.
- The beginning of the vacation must be at least 31 days in the future.
- You must cancel at least two days prior to departure.
Seven Corners offers globetrotters a wide range of travel insurance plans, including specific options for domestic travel, cruise travel and international travel, plus multitrip, group and medical-specific policies. Both of Seven Corners’ single-trip plans – Trip Protection Basic and Trip Protection Choice – allow consumers to purchase cancel for any reason coverage. (Note: In select states, these plans are called Trip Protection Economy and Elite.) Additional protections from the single-trip plans include trip delays, cancellation or interruption; lost or delayed luggage; missed connections; and emergency medical and evacuation. The Trip Protection USA and cruise insurance plans from this travel insurance company also provide an optional CFAR add-on.
The Basic and Choice plans both allow for purchase of the CFAR add-on. The benefit requires the following:
- You must purchase the upgrade within 20 days of your first trip deposit.
- Any additional trip-related purchases must be added within 15 days of payment.
- You must cancel the vacation two or more days before your departure date.
World Nomads is known as a top provider for those who enjoy engaging in adventurous activities while traveling, since all of its travel insurance plans include coverage for a variety of sports, events and activities like skiing, snowboarding, mountain biking, scuba diving, whitewater rafting and more. The three single-trip plans from World Nomads range from the budget-friendly Standard policy to the mid-tier Explorer policy to the robust Epic policy. The Explorer and Epic policies both offer the cancel for any reason upgrade.
However, while the Explorer plan allows travelers to recoup up to 50% of insured trip costs, the Epic plan is the most comprehensive, allowing travelers to recoup up to 75% of insured trip costs. The following requirements apply:
- The cancel for any reason benefit must be purchased within seven days of the initial trip payment
- The trip cost cannot exceed $15,000.
- The trip must be canceled two days or more before the scheduled departure date.
IMG Travel Insurance provides a smattering of policy options for travelers to choose from, ranging from multiple single-trip plans and several medical-specific policies to choices for students and expats.
All three IMG single-trip travel insurance plans – iTravelInsured Choice, SE and LX – allow people to add the cancel for any reason upgrade. There are a few specific requirements for CFAR coverage, listed below:
- CFAR upgrade must be purchased within 20 (SE and LX) to 21 days (Choice) of initial trip payment depending on the plan selected.
- Any added trip costs must be added within 20 days of the additional purchase.
- The total trip cost is not more than $10,000 (for Choice), $20,000 (for SE), or $150,000 (for the LX) per person.
- The trip has to be canceled 48 hours or more in advance of the departure date.
WorldTrips features plans for everyone from students to seniors and all sorts of travelers in between. The company’s mid-tier and high-tier single-trip plans, Atlas Journey Explore and Atlas Journey Escape, offer the ability to add on cancel for any reason coverage. What’s more, travelers can choose if they prefer up to 50% or 75% reimbursement on insured nonrefundable trip costs – although if you want the most coverage, 75% is preferable. Both Atlas Journey plans also include varying coverage for trip cancellation or interruption; luggage delays, loss or damage; emergency medical situations; and more.
The Atlas Journey Explore and Atlas Journey Elevate are the options WorldTrips provides for CFAR coverage. These specific requirements are in place to be reimbursed:
- The cancel for any reason add-on must be purchased within 21 days of the first trip-related payment.
- Additional costs you want to insure must also be purchased within that same 21 days.
- The trip cost does not exceed $50,000 per person.
- You are able to travel at the time you purchase the travel insurance policy and upgrade.
- The trip must be canceled 48 hours or more before your scheduled departure date.
Travel Insured International offers single-trip and multitrip travel insurance plans, and two of its single-trip policy options allow for the addition of cancel for any reason coverage. CFAR coverage can be added on to the Worldwide Trip Protector Deluxe or the Worldwide Trip Protector Platinum plan. These Trip Protector plans (the mid-tier and highest-tier options for coverage) also include protection for trip cancellation and interruption, medical emergencies, luggage issues, and missed connections, among other benefits.
Travel Insured International’s Worldwide Trip Protector Deluxe and Worldwide Trip Protector Platinum plans are the two options for travelers who want CFAR coverage. The following stipulations apply:
- The travel insurance policy and CFAR upgrade must be purchased within 14 or 21 days (14 for Deluxe; 21 for Platinum).
- Any bonus travel must also be tied to the policy within 14 or 21 days.
- The trip has to be canceled at least 48 hours before you are scheduled to leave.
With nine different plans to choose from, all with varying protections and coverage, Tin Leg is a company where travelers can really select the plan that covers what’s important to them. In terms of cancel for any reason protections, Tin Leg has five plans that allow travelers to purchase CFAR coverage: Luxury, Adventure, Silver, Gold and Cruise; however, only the Gold and Cruise plans offer the highest level of potential reimbursement, up to 75% of the prepaid insured trip cost. Additional benefits you can expect across Tin Leg’s Gold plan include coverage for missed connections; travel delays or interruptions; trip cancellation; lost or stolen bags; and emergency medical, evacuation and repatriation.
Tin Leg’s Gold policy has a few applicable CFAR requirements, detailed below:
- The CFAR upgrade must be purchased within 14 days of initial trip payment, depending on the plan selected.
- Any additional trip-related costs must be added to the policy within 14 days of the deposit.
- The trip must be canceled two days or more before your scheduled departure date.
HTH Travel Insurance offers travelers three main choices when it comes to travel insurance for a vacation: TripProtector Economy, Classic and Preferred. The insurance company also provides a single-trip option for medical insurance for those who already have primary health insurance coverage and those without. The TripProtector plans all come with different levels of coverage for important travel snafus, such as trip interruption, delay or cancellation; medical emergencies; lost or damaged luggage; missed connections; and emergency evacuation.
Travelers looking for cancel for any reason coverage must purchase the TripProtector Preferred plan. The CFAR requirements to receive reimbursement are listed below:
- You must insure your trip within 15 days of your initial payment.
- The premium must be received within 21 days of the initial deposit.
- You must cancel your trip two days or more before your departure date.
The following describes our approach to researching and analyzing travel insurance companies to guide prospective consumers. U.S. News & World Report rates the best cancel for any reason travel insurance companies to help travelers determine what policy will help them protect their investment in their vacation and allow them to cancel a trip for any reason they wish.
To determine the Best Cancel for Any Reason Travel Insurance Companies, we first scoured the web for all providers that offer travel insurance plans. In total, we assessed 45 companies. To be considered for the Best Cancel for Any Reason Travel Insurance Companies rating, a company must be available to U.S. residents; must allow anyone to purchase travel insurance; must specifically offer trip cancellation and interruption protection; and must offer a cancel for any reason add-on.
We collected data across multiple sources – Professional Ratings & Reviews, Consumer Ratings & Reviews and Credit Ratings – which are all weighted equally and averaged to determine each travel insurance company’s Overall Rating.
- Professional Ratings & Reviews: Our travel insurance ratings take into account the top credible expert sources that have vetted and recommended specific travel insurance companies and plans. These expert sources are reviewed annually before data collection begins to ensure they are offering up-to-date information and accolades. Our team reviewed the methodologies of these expert outlets to look for data-driven rankings that were editorially independent. There are 10 expert sources that are factored into the 2026 ratings, including NerdWallet, Business Insider and MarketWatch, among others. Professional sources often recommend different options. U.S. News believes it benefits consumers to pool and analyze independent reviews as a group, to factor in multiple data sources and provide the most robust look at the top travel insurance companies. To be considered a Best Cancel for any Reason Travel Insurance Companies, the provider must appear on a minimum of three expert lists. Our team tallies the number of accolades a travel insurance company receives from these 10 expert sources, and converts them into points. Points earned for the number of accolades are outlined below:
- 7 or more accolades: 5 points
- 5 to 6 accolades: 4 points
- 3 to 4 accolades: 3 points
- 1 to 2 accolades: 2 points
- Consumer Ratings & Reviews: U.S. News also researched published consumer ratings on travel insurance companies. Our research team collected and analyzed review data from SquareMouth and Trustpilot, which are independent third-party reviews sites that collect verified reviews from travel insurance users. Travel insurance companies must have at least 20 reviews on one of these sites to be considered. Providers must have a consumer rating score (the averaged rating of the two review sites) of 4.0 or higher to make the Best Cancel for Any Reason Travel Insurance Companies list.
- Credit Rating: A.M. Best provides financial strength ratings of insurance companies that indicate providers most likely to weather major global travel disruptions. Only travel insurance companies with an A rating or better are considered for our best travel insurance companies ratings. Points earned for the A.M. Best ratings are detailed below:
- A++: 5 points
- A+: 4.5 points
- A: 4 points
- A-: 3.5 points
- Cancel for Any Reason Waiver: The companies must offer reimbursement of at least 75% or more of the nonrefundable insured trip cost. Industry standard for cancel for any reason insurance ranges from up to 50% to up to 80% of the total trip cost. The best options are those that will allow travelers to recoup more of their money.
The Overall Rating is the average of the professional rating, consumer rating and credit rating scores. Travel insurance companies with an Overall Rating of 3.75 or greater and cancel for any reason reimbursement of 75% or more of the insured trip cost made the 2026 Best Cancel for Any Reason Travel Insurance Companies rating. The Best Cancel for Any Reason Travel Insurance Companies are ordered by highest potential reimbursement, then by Overall Rating.
These ratings are updated once per year. However, pricing and plans displayed on the page are updated occasionally throughout the year. This is to ensure we are presenting the most accurate quotes and rates possible for consumers to consider.
Erin Evans is the managing editor of U.S. News Travel. She has been on staff since 2013 and has become an expert in travel insurance since the COVID-19 pandemic wreaked havoc on the industry. She aims to make it easy for everyday travelers to understand the ins and outs of travel insurance and why it’s beneficial, especially in today’s world. She has 15 years of writing and editing experience.
Ann Henson is the assistant managing editor at U.S. News Travel. She has been a U.S. News staff member since 2012 and is a fact-checking, AP style and grammar expert who has edited and reviewed hundreds of pieces of content, including travel insurance, destination things to do lists, hotel profiles and tours articles. She has more than a decade of editing experience.
