Originally Posted by
MNSWEEps
I assume there is no maximum to the number of trips which are covered (limit max $20,000 per trip) per year. Basically I can take a 3 trips a year and each trip is covered up to $20,000. Is that correct?
The limit is on the number of claims, not the number of trips:
In no event will We pay more than the benefit amount. In no event will We pay more than the Maximum Benefit Amount per twelve (12) Month Period in any twelve (12) consecutive month period regardless of the number of Trip Cancellation or Trip Interruption claims made in that twelve (12) month period. Payment is also limited to the Maximum Benefit Amount per Trip.
I implore you to read the
Guide to Benefits. I understand it's a boring read, but when you're asking about coverage it's important to understand what this insurance will and (arguably more importantly) will not do. This is a "named peril" policy, so the hazards defined in the guide are not just examples of what things are covered, they are quite literally the
only hazards that are covered. If the reason for seeking insurance doesn't exactly match a scenario outlined in the guide it is not a covered hazard. The guide outlines a vast many exclusions to the coverage, and importantly defines all of the things for which the policy will not provide financial compensation.