Often a traveler will
lose nonrefundable deposits and prepayments that can add up to hundreds — or even thousands — of dollars.
But we'd rather start with the reasons why purchase, since a wide range of possible mishaps forcing to suddenly cancel your travel plans and often
lose the nonrefundable part of your travel expenses should form your opinion whether or not you need to buy Travel Insurance.
Not exact matches
Ruckel would
lose $ 19.51 (that's the $ 2.05 per unit it costs him to stock at Amazon's warehouse, $ 12.06 in
nonrefundable fees for Amazon to process a sale and $ 5.40 in return fees).
Nonrefundable credits can reduce tax to zero but any credit beyond that is
lost.
The Child Tax Credit is
nonrefundable; if your credit exceeds your tax liability, your tax bill is reduced to zero and any remaining unused credit is
lost.
The more
nonrefundable costs paid for in advance of a trip, the more a traveler stands to
lose if they need to cancel it or if delays and mishaps preventing it from happening.
Trip interruption benefits can reimburse for your last - minute flight home, as well as reimburse you for the
nonrefundable prepaid expenses you
lose by cutting your trip short.
As part of the covered reasons for pre-trip cancellation, this coverage lets you cancel your trip and receive reimbursement for your pre-paid
nonrefundable trip costs (up to the policy limit) if your travel documents (passport or visa) is
lost or stolen prior to starting your trip.
That can mean anything from covering the cost of
nonrefundable plane tickets to accommodations in the event of a delayed flight to helping you secure a
lost passport.
It's especially important because most pre-need plans are
nonrefundable and nontransferable, so you're tied to whatever you choose, or risk
losing your policy and the payments you've made into it.
It is very important to purchase travel insurance that provides trip cancellation coverage if you can not afford to
lose the prepaid,
nonrefundable trip costs if you had to cancel your trip.
Armed with a realistic understanding of the semantics behind the term
nonrefundable earnest money, your buyers will be spared misunderstandings, and potentially,
lost funds.