Published on January 13th, 2020 | by William Charles58
Chase Sapphire Reserve/Preferred Trip Cancellation Benefit No Longer Covers Financial Insolvency
Chase has made an unannounced change to the trip cancellation benefit offered to Reserve & Preferred cardholders. Previously this benefit clearly stated that it covered trips cancelled due to financial insolvency, the terms now clearly state that trips cancelled due to financial insolvency are not covered. I’m not sure when these changes were actually made, but reader brick who tipped me off to this change says that it was published sometime after December 1st (way back machine shows that in September it was covered). Even though the terms weren’t updated until after December 1st, there is a reddit user that tried to file a claim three months ago and was told it WAS NOT covered. This is a fairly big change and something you’d definitely expect to be covered, so keep that in mind.