Credit Cards with CFAR travel insurance: Here's why you need it​

Meet Rahul and Aman, two friends who have just excitedly mapped out their dream vacation. Yet, just days before their long-awaited departure, Rahul faces a family emergency, and Aman is caught up in unexpected work commitments. They are faced with a difficult choice - whether or not to proceed with their travel plans.

Enter Cancel For Any Reason (CFAR) travel insurance—your solution in moments like these. When we consider travelling, we focus on the exciting destinations, the sights to see, and the memories to make. But life happens and disrupts plans! Amidst these uncertainties, CFAR travel insurance acts as a safety net.

Let’s understand what CFAR is and why you should consider it.

What is CFAR travel insurance?

Cancel For Any Reason (CFAR) travel insurance is more than just a safety net. Unlike standard travel insurance plans, which only cover specific cancellation grounds, this one takes it a step further. With this supplementary coverage, you can cancel your flight and hotel bookings for any reason. You will still receive a refund for a portion of your prepaid, non-refundable expenses.

Why you should not ignore CFAR travel insurance
 

The importance of CFAR travel insurance can be summed up with the following benefits –

• All-round protection:
  
  

  CFAR travel insurance shields you from unexpected events that are not usually covered, such as –
• Change of mind
• Personal reasons, such as illnesses and family emergency
• Work commitments
• Natural disasters, political unrest, and lockdowns
• Change in relationship status with a travel partner

• Protection against financial losses –
  
  

  Cancelling due to unforeseen circumstances doesn't mean losing money; a significant part of your expenses gets reimbursed, which eases the financial burden.

• Flexibility –
  
  

  As CFAR travel insurance covers any reason for trip changes, it extends flexibility while making your plans and, ultimately, provides peace of mind.

You can unlock these benefits with the exclusive Club Vistara IDFC FIRST Credit Card, an excellent travel companion.

Considering a credit card with CFAR travel insurance?

If you are considering a credit card with CFAR travel insurance, consider the Club Vistara IDFC FIRST Credit Card. This travel credit card provides a range of features that make it the ideal choice for those seeking affordable yet luxurious travel. With the Club Vistara IDFC FIRST Credit Card, you receive CFAR travel insurance worth Rs 10,000. It also offers an array of benefits, such as –

• Welcome and annual benefits –
  
  

  These include a free premium economy flight ticket and an upgrade voucher. You also get a complimentary Silver Membership to Club Vistara.

• Comprehensive travel insurance –
  
  

  The credit card comes with
• Air accident insurance up to Rs 1 crore
• $500 coverage for loss of checked-in baggage and its delay
• $300 coverage for document loss
• $300 compensation for flight delays

• Reward points –
  
  

  The card rewards you with 6 Club Vistara (CV) points for every Rs 100 spent up to Rs 1 lakh per month, 4 CV points for spending above Rs 1 lakh per month, and 10 CV points for dining expenses on birthdays.

• Milestone rewards –
  
  

  Spend more than Rs 30,000 per month and earn 2000 CV points. Additionally, you get premium economy ticket vouchers as you hit spending milestones of Rs 1.5 lakhs, Rs 3 lakhs, Rs 4.5 lakhs, Rs 9 lakhs, and Rs 12 lakhs annually. 

How to avail of CFAR travel insurance?
 

Should the need arise, the Club Vistara IDFC FIRST Credit Card enables you to cancel travel bookings during the policy period. Remember, this applies as long as you make travel arrangements using the card. You can utilise the eligible coverage amount for a maximum of two transactions annually.

The takeaway
 

Even the best-laid plans can go awry sometimes due to life's unpredictable nature. With the Club Vistara IDFC FIRST Credit Card, you can access CFAR coverage and make travel decisions without losing your hard-earned money due to unexpected surprises. Don't let uncertainties hold you back—invest in the Club Vistara IDFC FIRST Credit Card and its benefits on your next flight.

 

Disclaimer

The contents of this article/infographic/picture/video are meant solely for information purposes. The contents are generic in nature and for informational purposes only. It is not a substitute for specific advice in your own circumstances. The information is subject to updation, completion, revision, verification and amendment and the same may change materially. The information is not intended for distribution or use by any person in any jurisdiction where such distribution or use would be contrary to law or regulation or would subject IDFC FIRST Bank or its affiliates to any licensing or registration requirements. IDFC FIRST Bank shall not be responsible for any direct/indirect loss or liability incurred by the reader for taking any financial decisions based on the contents and information mentioned. Please consult your financial advisor before making any financial decision.