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While calculating the total cost for the trip cancellation insurance, should I include the equivalent monetary cost of the airline ticket that I purchased with frequent flyer miles?

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While calculating the total cost for the trip cancellation insurance, should I include the equivalent monetary cost of the airline ticket that I purchased with frequent flyer miles?

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Travel insurance companies do not provide trip cancellation for the airline tickets that you purchased through frequent flyer miles as you did not really pay money to buy those tickets.

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