When traveler's checks are lost or stolen, the owner usually can obtain a refund immediately by contacting a representative office of the company whose checks were purchased.

Question

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Traveler's checks are designed to offer a secure alternative to carrying cash, and one of their main benefits is that if they are lost or stolen, the owner can usually contact the issuing company to have them replaced or refunded, often quickly and with minimal hassle, provided they have the necessary information such as check numbers and proof of purchase.

When Traveler's Checks Are Lost or Stolen, the Owner Usually