Exchange Cancellation Insurance provided by HomeLink Canada is a fund developed to compensate Canadian members who suffer last-minute exchange cancellations (due to illness, personal crisis, etc.) by their exchange partners. If the Canadian members have already made financial commitments (booked flights, etc.) to vacation in a particular destination, they will consequently require commercial accommodation such as hotel, motel, or Bed and Breakfast.

The premiums are placed into a fund accessible only to contributing members of HomeLink Canada during that particular calendar/membership year.

In any one year the fund's total is entirely dependent upon the number of participants and the amount of premiums contributed. And the amount of compensation available is dependent upon the number and amount of claims. Because accommodation expenses incurred by a family during a typical vacation can vary widely, we promise to provide compensation " up to $ 5,000 ".

In order to qualify for coverage, participating members named below must:
a) submit HOMELINK INTERNATIONAL Exchange Agreement Forms posted online
    signed by both parties as soon as exchange arrangements are confirmed;
b) arrange exchanges only with other registered current members of HomeLink
    International;
c) immediately when exchange partners cancel plans, request written explanation
    (proof) and submit this to HomeLink Canada so that we can attempt to locate a
    substitute at/near (your) desired destination.

If no substitute can be found, (you) the members go ahead with their vacation plans in their original intended destination, stay in commercial accommodation, and send us a detailed accommodation-expense statement.

At December 31 we honour all claims of that membership year by splitting the fund, on a pro-rata basis, amongst claimants. The compensation, therefore, could be total or partial.

Premiums are payable either (a) with initial membership fee, or (b) later with signed Exchange Agreement Form as soon as arrangements have been completed.

For INSURANCE REGISTRATION instructions contact HomeLink.CA.

Jack Graber
Director, HomeLink Canada

[HomeLink Canada reserves the right to allocate funds to claimants according to its established criteria.]

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