What is a cancellation limit, and why should it matter to you? If you have to cancel your trip before you go, for a reason like sudden illness, injury or bereavement, cancellation cover helps reimburse the money you’ve already spent. The cancellation limit is simply the most your insurer will pay out. In this guide, we explain why that number is worth checking, and why we’ve introduced a higher one with Freetime Platinum+.
Cancellation cover is one of the most valuable benefits included in most of our travel insurance policies, but the limit attached to it varies depending on the level of cover you choose. Our standard Platinum cover protects up to £10,000 per person. Freetime Platinum+ raises that to £15,000 per person as standard, giving you a higher level of protection built in from the outset, without needing to arrange a separate top-up.
Many travellers focus on the price of their policy, but the cancellation limit is just as important. Holiday costs add up quickly, flights, accommodation, excursions, and a limit that suited a modest trip a few years ago may not stretch to cover a cruise, a multi-destination itinerary, or a bigger family booking today. If the total cost of your trip is higher than your policy’s limit, you could be left covering the difference yourself.
When comparing travel insurance policies with Freedom, check not just whether cancellation cover is included, but the limit itself, and whether it’s per person or per policy. It’s worth adding up the total cost of your holiday and comparing it against the limit before you buy, so it’s important to check the policy wording. Understanding your cancellation limit can help you choose the right level of protection and travel with greater peace of mind, knowing you’re covered if the unexpected happens.
Thanks for reading,
Rosie at Freedom
