6. Cancel-for-any-reason, or CFAR, policies will protect some but not all of your vacation investment.

You’ll pay more for that peace-of-mind coverage, which is what it says it is, but you won’t get back your full investment.

Some companies have stopped selling CFAR, which, Sivley said, had been “a very small single-digit percentage of the travel insurance market.�

But those that do sell it? “We are seeing ... a huge spike in the cancel-for-any-reason upgrade,� upward of 500%, said Moncrief of Squaremouth, in part because it’s the “most lenient cancellation option� and gives “the biggest safety net.�

That CFAR net, she added, probably would cover the unexpected, including border closures that caught many travelers unawares.

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