Credit card trip cancellation and interruption insurance can cover nonrefundable expenses if you need to cancel a trip due to unforeseen circumstances such as illness or natural disasters. Chase and American Express offer some of the most comprehensive coverage, with eligible premium cards providing up to $10,000 per covered person for trip cancellation/interruption. To qualify, cardholders typically must use their credit card to pay for all or part of the trip expenses. Coverage varies by issuer and card, so it's important to review your specific guide to benefits before booking a trip.
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