This optional benefit does just what its name says—allows travelers to cancel a trip for any reason without losing all pre-paid trip costs associated with their travel plans. With today’s busy lifestyles, this coverage is ideal.

This new option is important because traditional travel insurance plans typically cover cancellations for a list of reasons, including traveler or family member accident/illness, and travel supplier financial insolvency. Many younger travelers, not overly concerned about these covered reasons, often skip purchasing insurance—taking a risk that they, or their family members, will not be sick at the time of departure, and that the travel supplier they have selected will remain in business.

But for this group, many other reasons for canceling are common—work-related obligations, kids, extended family, or unforeseen circumstances like bad weather. It's this group of travelers that can benefit most from trip cancellation insurance that includes Cancel for Any Reason benefits.

"There is a large segment of the population who just don't believe they will become sick enough to cancel a trip," said Kevin O'Neal, President of Travel Insurance Services. "This product is for them—because chances are they can picture an important meeting, unexpected weather or a child's school function interrupting their plans."

Cancel for Any Reason coverage makes it simple. If you cancel your trip for any reason not otherwise covered by the Travel Insurance Select policy, you will be reimbursed for 75% of the prepaid, forfeited, non-refundable payments or deposits you paid for your trip. All you have to do is:

- Purchase within 15 days of the date your initial deposit/payment for your trip is received;
- Insure all prepaid trip costs that are subject to cancellation penalties; and
- Cancel your trip 2 days or more before your departure date.

The availability of this optional coverage gives customers the ability to customize their travel insurance to fit their trip and their lifestyle. Many retirees or empty-nesters may feel that purchasing the basic Travel Insurance Select product is sufficient because they don’t have a long list of commitments that could interfere with their travel. But professionals, families or people caring for older family members may want the flexibility they get by adding the Cancel for Any Reason coverage to the basic Travel Insurance Select plan.

"We have received numerous customer requests for a plan that covers cancellation for any reason," said O'Neal, "so we worked with our carriers to develop a product that would. This coverage allows our customers to plan ahead, without worrying about canceling their trip."

Purchasing this coverage is easy - travelers can enroll instantly online. Visit travelinsure.com for more information or to purchase a travel insurance policy to cover your next trip.

Travel Insurance Services (TIS) is a USI Affinity Company, a division of USI Holdings Corporation (USI). TIS is a nationwide insurance brokerage that has been meeting the insurance needs of travelers for 33 years. It develops, markets and administers travel insurance and international medical policies for individuals, families, groups and businesses. For more information about the company and its products, visit travelinsure.com. USI is a leading distributor of insurance and financial products and services to businesses throughout the United States. USI is headquartered in Briarcliff Manor, N.Y., and operates out of 68 offices in 19 states, usi.biz.