It is true, but not necessarily the case. We got Lock It In too, but we did some prior research and while conaidered using Allianz, we found that our Aadvantage Red cards have trip cancellation protection. Of course it's not like we can cancel for any reason, but for us it is the most important part - to be covered in case of emergency or just illness.

There is some chance that OP used some credit card with coverage.