When people think of travel insurance, they generally think of it as being something to protect them while they are on holiday.
However, some people forget that travel insurance is also there to protect them before they set off.
Most travel insurance will include an element of cancellation cover to cover the traveller if they need to cancel the trip because events such as illness, the death of a ‘close family member’ and redundancy.
When you go to buy your travel insurance, the insurer will not ask you when you want cover to begin and end but will instead ask you for your departure and return dates.
This can be quite confusing for those people wondering about their cancellation cover because it would appear it doesn’t start until the day of departure. Some people may think this means that if you can’t make the holiday on the day of departure then your cancellation cover will kick in regardless of when the insurance was purchased.
What some people don’t realise is that this cover will only apply if the travel insurance policy was purchased before the event causing the need to cancel occurs. If a family member becomes ill after you have booked your holiday but before you have purchased your travel insurance and they then happen to pass away before you go on holiday, your insurer may not cover you for cancelling your holiday because the death will not be totally unexpected.
Another possible scenario could be that you have booked your holiday and get ill in the time frame before you purchase your travel insurance. Your cancellation cover will therefore not be valid if you were ill at the time you purchased your travel insurance because you will have been aware of the slightest possibility that you may not make your holiday.
The key thing to learn from these possible scenarios is that buying your travel insurance as close to the time of booking your holiday is probably the most sensible thing to do.
If you compare travel insurance it won’t take you long to find the policy that’s right for your individual needs and circumstances. If you have any doubts about whether or not you can get insurance cover, it is probably best to make these queries before you book your holiday.
Click the link to compare travel insurance
Note: Comment moderation is enabled. Your comment will not appear until approved.
Recent Entries
Recent Comments
Top tips to improve and maintain your credit rating
Ash said: Interesting, would you say a late payment once in 6 months would be bad? It was only a day or two la...
[More]
Student Special Part 1: Home Insurance
James said: I remember when looking for a policy, that insurers weren't particularly happy with house sharing, a...
[More]
£100 for switching to Alliance and Leicester Premier Current Account
Sarah B said: This is a great offer, i've just applied for one and got my mum and dad too - get an extra £25 for r...
[More]
Market leading credit card offer from Capital One
meringue87 said: Wow!! what a great offer from Capital One! It's been a long time since a credit card company have of...
[More]
Poll results – 50% think credit card offers have deteriorated over past two years
meringue87 said: I think they have definitely got worse over the last couple of years but they seem to be picking up ...
[More]
Comments...
There are no comments for this entry.