Is there any company that provides travel insurance to cover loss of frequent flyer program miles due to cancellation of a trip?
A. Each Company views trips purchased using Frequent Flyer miles/points differently. Please see below: Global Alert: Pre-Departure Trip Cancellation Benefits: If you cancel your Trip for a covered reason, we will reimburse you, up to the amount in the Schedule for the amount of prepaid, forfeited, non-refundable Payments or Deposits that you paid for your Trip, including up to $150 for the cost of airline-imposed fees to rebank frequent flyer miles for air flights to join your Trip. Travel Insured: • Customer should insure all taxes and fees/any prepaid non-refundable expenses related to travel. • If they can re bank or reinstate miles or reward points, they should include that fee in the cost of the trip. • If their air miles or reward points do not have a program to re bank or reinstate therefore causing them to lose the miles/points, then they can insure for the actual cost of the miles/points. MH Ross: Will not reimburse the monetary value but does include up to $150.00 for the cos
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