This travel cancellation insurance is specifically designed to cover cancellation costs incurred as a result of not being able to travel for one of the reasons listed in the policy. The reasons accepted for cancelling the trip are set out in the general conditions of the policy.
This policy CAN BE TAKEN OUT ANY TIME but will not go into effect until 7 days from the policy purchase date. If it is taken out the same day as the trip is purchased, this does not apply. The cost is calculated based on the capital insured for cancellation costs. This policy does NOT cover cruises.