What you need to know to decide if trip cancellation insurance is worth the cost

Noah Meyer-Delouya, 25, only bought trip cancellation insurance once — and it paid off.

They also liked that this trip cancellation insurance policy explicitly included the ability to receive a full refund for their airfare if somebody contracted COVID-19.

“With COVID, it's become so much more normal to be more cautious and be aware of the chance of getting sick and it impacting your trip,” Meyer-Delouya said.

Five days before the trip, his mom tested positive for COVID. Two days later, his brother tested positive too. Meyer-Delouya got lucky and didn’t contract COVID. But the family decided to cancel all their tickets and cash in their trip cancellation policy.