Enhanced Cancel For Any Reason Benefit
Effective immediately, we have eliminated the requirement to insure ALL travel components of a client's trip in order to qualify for the Cancel For Any Reason (CFAR) benefit.
Now travel professionals are only responsible for insuring 100% of the non-refundable component(s) that a client wants protected in order to qualify for the terms of CFAR!
Example:
If a client books a cruise and elects to insure only the cruise component, they can do so and be covered by CFAR provided that 100% of the non-refundable cruise cost is insured. However, if they booked an inside cabin and then upgraded to an outside cabin later on, you/they must also upgrade their policy to cover the additional cost of the cruise within 15 days of making those changes.
When enrolling, just indicate in the "Trip Type" field the arrangements to be insured. For this specific example you would select "cruise"...It's that simple!
With this major change, we have eliminated the "risk and responsibility" that many times fall on the travel professional if their clients purchase other travel arrangements without their knowledge - such as air and pre/post packages. Under the old terms, those components would have been required to be insured in order to qualify for the CFAR terms.
We are the only company that allows your clients to select the specific travel components they only wish to insure. Our philosophy since introducing this innovative CFAR over 4 years ago is to be the LEADER by striving to be the best and to keep the selling process of insurance easy.
