You must buy your coverage earlier than you want it. You may’t wait to purchase your insurance till one thing occurs that precludes you from traveling. You may’t make a deposit in your journey, then break your leg, after which buy your journey insurance. You’re buying insurance to guard you from what might happen, not what has already occurred. You may’t purchase auto insurance after you crash your automobile both.
So, when is the most effective time to buy your insurance? Whereas you should buy a coverage up till the day earlier than your journey begins, it doesn’t make sense to take action. Your coverage will price the identical whether or not you purchase it the day or a yr earlier than you begin your journey. So why wait? Shopping for earlier received’t prevent cash, but it surely may give you extra advantages for a similar funding. And also you’re much less more likely to neglect to purchase it, as you get busy getting ready in your journey.
You should purchase travel insurance up till the day earlier than you depart.
Many insurance policies provide protection choices which are solely out there when you purchase inside two weeks of your preliminary journey deposit. For instance, many plans provide a waiver of pre-existing medical circumstances if bought inside 14 days of your preliminary journey deposit. Should you’re at present in a position to travel, however are being handled (or have seen a physician inside a specified period of time) for a medical situation, you will be protected if you must cancel due to this situation – when you purchase your insurance in a well timed method.
Insurance policies with Cancel for Any Cause provisions should even be bought in a specified period of time after your preliminary journey deposit. If you’d like the liberty to vary your thoughts about traveling for any motive, you possibly can – if you buy your insurance quickly after you make your first journey fee.
Should you haven’t finalized your travel plans and don’t know you complete price, you possibly can nonetheless buy you coverage throughout the 14 day window that permits you to get waiver of pre-existing medical circumstances or cancel for any motive. Most insurance policies let you add to your coverage as your travel prices change. Simply be sure to add further prices in a well timed method so as to preserve protection.
What are you ready for? Should you’ve simply booked your journey, purchase your insurance now to have the chance to get probably the most choices for protection.
Don’t fear although – you possibly can cowl your self throughout your journey so long as you buy your travel insurance up till the day earlier than you travel. It’s (virtually) by no means too late.