Travel Guard vs Seven Corners: Which is Better?

Which has the best Trip Cancellation protection?

You’ve invested thousands in your dream vacation, and now you’re staring at trip cancellation policies wondering which one will actually protect your investment when life throws you a curveball.

After reviewing hundreds of travel insurance claims and helping clients navigate trip cancellations for over a decade, I can tell you that not all trip cancellation coverage is created equal.

This detailed comparison examines how Travel Guard and Seven Corners handle trip cancellation protection, so you can make an informed decision before your next departure.

About the Companies

Travel Guard operates as AIG Travel, a division of American International Group, one of the world’s largest insurance companies.

Founded in 1971, Travel Guard has processed millions of travel insurance claims and maintains an extensive global assistance network.

They sell policies directly to consumers and through travel agents, with underwriting handled by AIG subsidiaries.

Seven Corners has been specializing in travel and international insurance since 1993.

They focus exclusively on travel-related coverage and operate as both an insurer and managing general agent.

Seven Corners underwrites their own policies and has built a reputation for flexibility in claim handling, particularly for complex international situations.

Plan Overview

Travel Guard’s Gold Plan offers comprehensive trip cancellation coverage up to 100% of your trip cost with standard covered reasons.

Their Deluxe Plan includes Cancel For Any Reason (CFAR) coverage at 75% reimbursement.

Best suited for travelers booking expensive trips who want predictable, corporate-style claim processing.

Seven Corners’ RoundTrip Choice provides trip cancellation coverage with competitive limits and unique features like job loss protection.

Their RoundTrip Elite includes CFAR coverage and extended cancellation timeframes.

Ideal for travelers seeking flexibility and personalized claim handling from a specialized travel insurer.

Coverage Details: Trip Cancellation Breakdown

This is where the rubber meets the road for protecting your travel investment.

Travel Guard Trip Cancellation:

• Coverage up to 100% of non-refundable trip costs
• Standard covered reasons include illness, injury, death of family member
• Job termination coverage (if employed for 1+ years)
• Weather-related cancellations covered
• Supplier bankruptcy protection included
• CFAR available on Deluxe Plan (75% reimbursement, cancel 48+ hours before departure)

Seven Corners Trip Cancellation:

• Coverage up to 100% of prepaid, non-refundable expenses
• Broader job loss protection (includes layoffs and company closure)
• Military deployment coverage
• Jury duty and court summons covered
• Pre-existing medical condition waivers available
• CFAR on Elite Plan (70% reimbursement, cancel 48+ hours before departure)

💡 Personal Note: I had a client whose employer was acquired two weeks before their Europe trip. Travel Guard initially denied the claim because it didn’t fit their specific “job termination” criteria, while Seven Corners covered a similar situation under their broader job loss protection. These details matter when you’re filing a claim.

Features Comparison

✅ Pro Tip: Always purchase trip cancellation insurance within 14-21 days of your initial trip deposit to qualify for pre-existing medical condition waivers and maximum coverage benefits. Waiting until closer to departure significantly limits your protection.

Exclusions and Limitations

Understanding what’s NOT covered prevents unpleasant surprises during claims.

Travel Guard Exclusions:

• Pre-existing conditions (unless waiver purchased within 14 days)
• Cancellation due to fear of travel or anxiety
• Business or financial reasons not specifically listed
• Pregnancy complications (unless considered a disability)
• Mental health conditions require specific documentation

Seven Corners Exclusions:

• Foreseeable events at time of purchase
• Elective medical procedures scheduled after policy purchase
• Travel advisories issued before policy effective date
• Recreational drug or alcohol-related incidents
• War or terrorism (unless specifically covered by plan)

Both companies exclude cancellations for “change of mind” or general fear of travel, though their CFAR options provide some flexibility here.

Pricing Insights

Travel Guard typically costs 8-12% of your total trip cost for comprehensive coverage.

Their Gold Plan runs moderate pricing, while Deluxe with CFAR adds approximately 40-50% to the premium.

Seven Corners generally prices 10-15% higher than Travel Guard for comparable base coverage.

However, their Elite Plan with CFAR often costs less than Travel Guard’s Deluxe option.

Both companies offer competitive pricing for their respective market positions, with Seven Corners providing more specialized features that justify their premium pricing.

Plan Highlights

Travel Guard Gold/Deluxe Highlights:

• Extensive global assistance network through AIG
• 24/7 multilingual customer service
• Direct billing arrangements with international providers
• Comprehensive emergency evacuation coverage up to $1 million
• Trip interruption coverage up to 150% of trip cost
• Baggage protection and delay coverage included
• Optional CFAR coverage provides maximum flexibility

Seven Corners Choice/Elite Highlights:

• Specialized travel insurance focus since 1993
• Enhanced job loss protection beyond standard termination
• Flexible claim handling for complex situations
• Strong coverage for adventure activities and sports
• Extended pre-existing condition waiver period (21 days)
• Competitive CFAR coverage with reasonable reimbursement rates

Exclusions and Limitations Deep Dive

❌ Avoid: Avoid purchasing either plan if you’re already experiencing symptoms of illness or have received treatment recommendations from a doctor within 180 days of buying coverage. This will likely trigger pre-existing condition exclusions that could void your trip cancellation protection.

Both insurers have gotten stricter about pre-existing conditions in recent years.

Travel Guard requires detailed medical questionnaires for certain claims.

Seven Corners offers more flexibility but still requires documentation proving conditions weren’t foreseeable.

Pros and Cons Analysis

Ideal Buyer Profile

Choose Travel Guard if: You’re taking standard vacations and want reliable, predictable coverage from a major carrier.

You prefer working with established companies that have extensive global networks.

You’re comfortable with corporate-style claim processes and want competitive pricing.

Choose Seven Corners if: You need specialized coverage or have unique circumstances that might require flexible claim handling.

You value personalized service from travel insurance specialists.

You’re willing to pay slightly more for enhanced job protection and longer pre-existing condition waiver periods.

Alternatives to Consider

If neither option meets your specific needs, Travelex offers middle-ground pricing with solid trip cancellation coverage and good customer service ratings.

IMG Global provides competitive CFAR options and works well for longer international trips or adventure travel.

Key Trip Cancellation Statistics

*ℹ️ Fun Fact: The most common trip cancellation reason isn’t illness or injury—it’s job-related issues, accounting for nearly 28% of all cancellation claims. This is why enhanced job loss protection can be crucial for working professionals.

Frequently Asked Questions

Which company processes trip cancellation claims faster?

Seven Corners typically processes straightforward claims within 7-10 business days. Travel Guard averages 10-14 days but has more automated systems for simple claims.

Can I cancel my trip for any reason with these plans?

Both offer CFAR options, but you must purchase within specific timeframes and cancel at least 48 hours before departure. Travel Guard reimburses 75%, Seven Corners reimburses 70%.

What documentation do I need for trip cancellation claims?

Both require original receipts, medical documentation (if applicable), and completed claim forms. Seven Corners tends to be more flexible with alternative documentation.

Do either cover trip cancellation for work-related reasons?

Yes, but Seven Corners has broader job loss protection including layoffs and company closures, while Travel Guard focuses primarily on individual termination.

How far in advance must I purchase coverage?

For full benefits including pre-existing condition waivers, Travel Guard requires purchase within 14 days of initial deposit, Seven Corners allows 21 days.

The verdict on trip cancellation protection comes down to your specific needs and travel style.

Travel Guard offers solid, straightforward coverage with the backing of a major insurer and competitive pricing for standard situations.

Seven Corners provides more specialized protection with enhanced job loss coverage and greater flexibility in claim handling.

Both companies will protect your travel investment, but Seven Corners edges ahead for travelers who need comprehensive job protection or have complex circumstances that might require personalized claim attention.

Always review the full policy wording carefully before purchasing. Safe travels!