11 International Travel Insurance Benefits You Must Check

5. Cancel For Any Reason (CFAR) option

Cancel For Any Reason, or CFAR, is an optional buy-up that lets you cancel for reasons not listed in standard policies and still receive a partial refund. It typically reimburses 50–75% of nonrefundable costs and requires purchase within a short window after your initial trip payment. CFAR also usually demands cancellation at least 48 hours before departure to qualify, and the premium can be significantly higher than basic plans. This option is attractive when plans are uncertain but you want the best flexibility without proving a covered reason. Before selecting CFAR, check whether your policy allows it for your destination and whether the reimbursed percentage meets your needs. For high-cost trips or complex family travel arrangements, CFAR can be worthwhile; for low-cost, easy-to-reschedule visits, the extra premium might not pay off. Keep evidence of purchase timing and cancellation notices to support a CFAR claim later.