Can I insure frequent flyer miles in the cost of my trip?

Frequent flyer miles and similar travel awards, such as hotel or motel awards, cannot be included in the trip cost for your covered trip. The value of air miles and rewards points are not insurable expenses on a travel insurance policy because there is no exact dollar value to associate with the points. However, you can insure any out-of-pocket expenses related to the miles, such as taxes. Re-banking fees can also be insured. In the event a trip is cancelled or interrupted, the fees incurred for re-depositing the awards back into your account can be reimbursed. Tin Leg’s Economy, Standard,… Read More