How do I calculate my cost for frequent flyer flights?
The value of points or miles cannot be insured. You can insure the taxes and fees you paid to redeem the miles, as long as the taxes and fees are prepaid and non-refundable. Most providers will cover up to a specified amount for the re-deposit fee to re-deposit the miles back in to your account if you had to cancel for a covered reason. The details will be listed in the policy certificate.