Travel Insurance Cancel for any reason| AXA Travel Insurance - neo-travel-b2c-usa - AXA Partners (2024)

FAQs

Does AXA travel insurance cover cancellation? ›

AXA Travel Protection trip cancellation coverage can offer reimbursem*nt to travelers who are compelled to cancel their trips due to unforeseen events before their trip departure. This coverage extends to various scenarios, each covered under specific conditions.

Cancel for any reason (also referred to as "CFAR") is an optional add-on benefit of travel insurance that lets you cancel travel plans for reasons other than those listed as "covered reasons" on a policy.

The news comes three years after Axa UK announced it would no longer sell own-brand overseas and UK travel insurance policies to new customers. Back in 2021, an Axa spokesperson stated the provider chose to stop selling its own-branded travel insurance as it wanted to "simplify its travel offering".

If you cancel within 14 days of your policy starting (your cooling off period) – you'll be charged for each day that we've covered you for. You'll then have an amount to pay or be due a refund, depending on what you've paid so far.

Cancellation cover is often included in a standard travel insurance policy and protects you financially if your holiday can't go ahead. You typically get a lump sum paid back from your travel insurer if you have to abandon your trip.

In the event of a plan cancellation, we will refund any unearned plan cost to you within 10 days of the cancellation request or according to the terms of your plan document. [email protected].

Travel protection focuses primarily on trip cancellation and gives limited protection for unforeseen circ*mstances that may cause you to cancel or interrupt your trip. Travel insurance supplies broader coverage, protecting against a wider range of possible financial losses during your travels.

The most common covered reason is unforeseen illness, injury, or death of the traveler, a traveling companion, or a non-traveling family member. Other common covered reasons include terrorism, inclement weather, or a natural disaster, among others.

Refund of Insurance Cost After Trip is Cancelled

Therefore, if you need to cancel your trip for a covered reason, you would receive a refund for your prepaid and non-refundable costs, but not what you paid for the travel insurance.

Equitable Holdings, Inc.

(formerly The Equitable Life Assurance Society of the United States and AXA Equitable Life Insurance Company, and also known as The Equitable) is an American financial services and insurance company that was founded in 1859 by Henry Baldwin Hyde.

What is the new name for AXA Insurance? ›

Based On the Approval of the Extraordinary General Assembly On 13/06/2022 Of Changing the Company Name from "AXA Cooperative Insurance Company" to "Gulf Insurance Group", The Company Has Completed The Required Remaining Formalities and Has Obtained The New Commercial Registration Under The New Name Of "Gulf Insurance ...

Phoenix Group have acquired AXA Wealth's pensions and protection businesses. We are today pleased to announce that Phoenix Group has acquired AXA Wealth's pensions and protection businesses and welcome the new customers to Phoenix.

If you've paid your policy in full, we'll send your refund by cheque in the post to your home address. This can take up to 10 working days. If you think you should have received your refund by now, give us a call on 0818 7 365 24 or drop into your local branch. When can I pay the settlement balance on my policy?

In most cases, you can cancel your policy in your AXA Account. Once you've logged in, if you scroll to the bottom of the page you'll see an option to cancel, and you'll see all the info on the screen before you go ahead. If you've chosen manual renewal - you don't need to do anything.

Receiving an insurance refund will largely depend on why you're canceling the policy and how much of the premium you paid in advance. If you pay your full premium upfront, then you'll typically get a refund when you cancel your policy.

As a general rule, travel insurance covers losses from unforeseen circ*mstances. With flights and trip cancellations, covered reasons include emergencies, such as unexpected natural disasters, the death of a family member or a serious illness or injury.

If you purchased trip cancellation insurance, you'll need to submit documentation that shows why your trip was cancelled and the total amount of your pre-paid, non-refundable trip expenses which you need to be reimbursed.

If you're due a refund on your policy and you pay by monthly instalments, we'll send the refund to your bank account within 3-5 working days. If you've paid your policy in full, we'll send your refund by cheque in the post to your home address. This can take up to 10 working days.

AXA presents travelers with three travel plans – the Silver Plan, Gold Plan, and Platinum Plan, each offering different levels of coverage to suit individual needs.