Last Updated on January 7, 2021
So there isn’t one answer to the question “Can I cancel a flight and get a refund?” since every company has their own airline ticket cancellation policy, but as you can see, if you check nonrefundable airline ticket rules you can still manage to find a way to not let all of your money go to waste.
All airlines treat the new “basic economy” fares as nonrefundable so you are faced with a classic case of “use it or lose it”.
Canceling nonrefundable airline tickets is a big mistake since you can always find a way around it and use that money to purchase another ticket at your own convenience. So that is lesson number one on how to get money back on nonrefundable flights.
But, if the opposite scenario occurs and your airline is responsible for the cancelation, delay or any changes in your flight after you bought the ticket, the answer to the question “are plane tickets refundable?” changes, since in almost all cases the company owes you a full cash refund, or as they call it, an involuntary refund.
#5 – Bundled Travel Insurance
As you purchase your plane tickets you might have noticed that you are offered the possibility to buy airline ticket insurance at the moment of booking your ticket. The cancellation coverage costs between six and seven percent of the ticket value and the initial offer generally include the amount of the ticket price.
Airline Travel Insurance is usually more restrictive in the list of “covered reasons” for cancelations concentrating especially on accident and sickness.
In comparison with regular travel insurance, these policies show more restrictions in the list of covered reasons they allow you to check when canceling your flight, reducing it to, basically, sickness and accident.
According to Allianz, the entire ticket price must be covered and not only just the cancellation or change penalty.
But there have been many complaints saying that in the event of a medical problem or any other unexpected situations the insurance provider tries to get the clients to accept the only reimbursement for the change fees.
