Cancellation Insurance

Creating a cancellation insurance

Booking Experts offers the option of creating a cancellation insurance which becomes available to book as an extra option.

A cancellation insurance consists of two cost components:

1. Percentage of the rent
2. Fixed premium amount

Create these two components as costs.

Calculate and add the assurance tax of 21% yourself. You can set this up by charging 21% on the policy cost and 21% for the premium cost. Example: 3.50 EUR of policy costs becomes 3.50*1.21 = 4.24 EUR. 5.5% premium cost becomes 5.5*1.21 = 6.66%.

1. Cancellation insurance
Cancellation policy: Copy to the cancellation invoice as-is
Selectability: Back office- Only selectable in the back office
Kind: Cancellation insurance
Costs: Percentage of the rent and mandatory costs

2. Premium
Kind: Cancellation insurance
Cancellation policy: Copy to the cancellation invoice as-is
Selectability: Back office - Only selectable in the back office
Costs: Per stay

Next, create a package Without discount campaign on rent.

Description: Refer to the applicable terms regarding cancellation here.

You want guests who purchase a cancellation insurance to be aware of the conditions. For this reason, check the box "Guest should explicitly confirm the terms mentioned in the description". When they include this option in the booking, they will have to confirm it with an extra click.

Check the box "Cancellation insurance, include in the cancellation insurance export". When exporting the cancellation insurance to Europeesche Verzekeringen, only those reservations that included the purchase of a cancellation insurance will be included.

If you want the cancellation insurance to be booked in an upgrade link that is sent to the guest, you can check 'Available as upgrade'. Don't you want this? Do not check this option so that it is not possible.

Period
When you book in the period:
Always

You can choose this package for a stay within the period:
Always

Composition
Link the previously created costs here.

1. Cancellation insurance
2. Premium cancellation insurance

Creating a cancellation insurance


Don't forget to save the package. The cancellation insurance can now be booked as an extra option.

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