Trip cancellation insurance

Whom is the insurance designed for?

The trip cancellation insurance is designed for individuals, both Bulgarian and foreign citizens, residing legally in the Republic of Bulgaria, for trips worldwide, including the Republic of Bulgaria.

What does the insurance cover?

The insurance provides coverage and reimburses the expenses incurred for organized tourist or business trips, purchase of airline ticket or hotel accommodation, through a tour operator, travel agent, carrier, or hotelier.

When is the insurance taken out?

The insurance is taken out within 7 days after the conclusion of the contract for tourist travel, purchase of an airline ticket, or hotel reservation only on condition that payment (partial or full) has been made and not less than 10 days are left until the start of the trip.

The insurance covers events that have resulted in the cancellation of the trip due to medical or non-medical reasons.

Medical reasons include:

• illness, accident, or death of the Insured, his close relative or business partner;
• unexpected deterioration of the Insured's chronic illness in case of hospitalization.
• COVID-19 disease is also included in the scope of medical reasons.

Non-medical reasons include:

• appointing the Insured as a juror, summoning the Insured as a witness in a case or to give an expert opinion, of which he has become aware after the date of the reservation;
• dismissal from work, except for disciplinary dismissal;
• cancellation or refusal of leave to the Insured by the employer due to urgent business commitments;
• impossibility of departure due to unfavorable weather conditions, etc.

Where is the insurance valid?

The insurance covers events that have occurred on the territory of the Republic of Bulgaria and abroad.

Why should I take out insurance with Lev Ins?

• Low insurance premium;
• The company offers a wide range of insurance coverage;
• Guaranteed 100% payment because it is without any deductible from the insured persons;
• The insurance premium (cost) of Trip Cancellation insurance from Insurance Company Lev Ins AD does not depend on the country of the journey and the territorial validity.
• Covers the entire period from the first payment to the return journey;
• Electronic insurance policy - easy and fast issuance and what is most important - the security of the client.
• It is not required that the trip shall be organized through a licensed tour operator. The insurance can also be taken out when the Insured organizes the trip himself and does not use a tour operator.

 

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