'Cancel For Any Reason', For Ultimate Peace of Mind - Cover Genius (2024)

FAQs

Is cancel for any reason travel insurance worth it? ›

Most basic travel insurance policies only cover cancellations under certain circ*mstances. Cancel For Any Reason add-ons let you do just that, but they can be pricey. It might make sense if you have uncertain plans and can't book refundable tickets or fares.

It's a feature that responds to unforeseen events that could prevent you from embarking on your trip, such as accidents, emergencies, or even bereavement. While most travel insurance policies include some level of cancellation cover, the extent of this cover can vary significantly between different insurers.

Licensed or authorized in over 60 countries and all 50 US States, Cover Genius enables partners to embed and sell multiple lines of insurance and other types of protection, resulting in an industry-leading post-claims Net Promoter Score (NPS) and more than 30 million happy customers.

Reasonably foreseeable events. Known storms, epidemics, acts of war. Travel restrictions imposed by government authorities. Pre-existing conditions, unless the Premium plan is bought within the window for coverage.

Reasons to consider canceling your insurance policy:

You believe you're paying too much for insurance. Your business has changed, and you need different coverage. You're moving out of state, and your current insurer doesn't offer policies in your new location. You're unhappy with the service your insurer provides.

If required conditions are met, you may be eligible for reimbursem*nt of 50%-75% of your of your insured, prepaid non-refundable trip costs if you are canceling at least 48 hours prior to departure, unless otherwise noted.

If you paid for your holiday by credit or debit card, some travel insurers might ask you to make a claim with your card provider before making an insurance claim. Making a claim with your credit card provider could mean you get more of your money back.

The details vary from provider to provider and with each plan. If you do need to cancel, you will be reimbursed 100% of the prepaid, non-refundable trip cost for which you are insured and can provide documentation. All of this coverage, is only if the trip is cancelled due to a specific, unforeseen covered reason.

OUR FOUNDERS

Cover Genius was founded by Chris Bayley and Angus McDonald in 2014. Since then, we've recruited a global team of experts who deliver on our mission to enable the world's largest digital companies to protect their global customers.

Cover Genius Salary FAQs

The average Cover Genius hourly pay ranges from approximately $25 per hour (estimate) for a Customer Content Assistant to $109 per hour (estimate) for an Insurance Specialist. Cover Genius employees rate the overall compensation and benefits package 4/5 stars.

Is Cover Genius a unicorn? ›

Cover Genius was founded in 2014 by Angus McDonald, a former Yahoo exec, and Chris Bayley, a former Google BDM, initially selling travel insurance before expanding into other coverage. It hit unicorn status in 2021 and is now headquartered in New York, with 30 million customers globally.

We're not a typical insurance company, we're an insurtech, which means we have expanded capabilities including reinsurance and owning captive insurers.

Cover Genius' post-claims NPS stands at +65‡, the highest independently monitored score for any insurance company worldwide. Cover Genius is the insurtech for embedded protection.

Licensed or authorized in over 60 countries and all 50 US States, the insurtech enables partners to embed and sell multiple lines of insurance and other types of protection, resulting in an industry-leading post-claims Net Promoter Score (NPS) and more than 30 million happy customers.

XCover is owned by Cover Genius, the insurtech for embedded protection who was recently ranked #1 in the Financial Times list of fastest-growing companies.