You know when you’re booking a flight or a travel package and that little checkbox appears? add flight insurance now, you might say, or don’t forget travel protection!
you freeze. should you buy it right now? What if you wait, will it be too late?
relax. you don’t have to buy travel insurance in the middle of the booking process. you can, if you understand exactly what you’re buying and are insuring something simple, like a flight or a weekend getaway. But if you’re planning a big trip, it’s okay to wait until you’ve nailed down all the details. we’ll help you decide when to buy travel insurance for your next trip.
The best time to purchase travel insurance is immediately after you have completed your travel arrangements.
let’s say you’re planning a cruise down the rhine river to see the famous christmas markets in germany and france. You’ll need to book the cruise itself, any excursions you plan to take, your airfare, and your hotel for an additional two days in Zurich after the cruise. Once you’ve made all of those arrangements, you’ll know the full costs of prepaid travel, and that’s the perfect time to purchase travel insurance.
why? you need to know your total costs to get an accurate quote, if you are purchasing travel insurance with trip cancellation/interruption benefits. that way, your entire travel investment can be protected.
It is smart to purchase travel insurance immediately after booking for two reasons. one: you won’t forget! Too many travelers put off buying travel insurance and then realize too late that they forgot to buy it.
and two: the sooner you buy insurance, the longer your window of coverage will be. Trip cancellation benefits begin on your plan effective date, as long as we receive your premium before you cancel your trip or file a claim. (The effective date is affected by when and how you buy a plan – if you buy travel insurance online, it’s the day after we receive your order.) The sooner you buy insurance, the sooner you’ll be protected.
then if you’ve already made all your travel arrangements, don’t delay! get a quote for travel insurance right now.
The second best time to buy travel insurance is within 14 days of paying for the first trip.
The 14-day mark is significant when purchasing travel insurance, because it is the cut-off point for the existing medical condition benefit. Many of our plans include this benefit, which means that you, a traveling companion, or a family member can have an existing medical condition and still be eligible for all applicable benefits and support services. however, you must meet certain requirements:
• You must purchase your plan within 14 days of making your first trip payment or first trip deposit.• You must purchase trip cancellation coverage that covers the full cost of all your non-trip travel arrangements. reimbursable. • must be a us resident. uu. resident and medically able to travel on the day you purchase the plan. • the total cost of your trip does not exceed the maximum cost specified by your plan. • all other stated terms and conditions are met.
wait, what if you haven’t calculated the full cost of the trip within 14 days of making the first deposit for the trip? it’s okay! just don’t delay. go ahead and purchase travel insurance within that 14-day period, making sure to select a plan with the existing medical condition benefit. (those plans are listed here). As soon as you finalize your travel arrangements, you can update your plan with your final trip costs either online (click manage a policy) or by calling us. Increases in the cost of travel can increase the total cost of your travel insurance plan.
The third best time to buy travel insurance is any time before you leave.
With all the stress and excitement of planning your trip, you completely forgot to insure it. now it’s 10 pm the night before departure, and you’re wondering, “until when can I buy travel insurance? is it worth doing now?”
You know that old saying: “the best time to plant a tree was 20 years ago. The second best moment is now”. also applies to travel insurance. Even if you’re about to leave for your trip, it’s better to buy insurance late than not at all. go ahead and get a quote to see your options to protect your trip. While trip cancellation/interruption benefits may not be helpful to you right now, benefits like lost/damaged baggage, baggage delay, trip delay, and emergency medical care can provide crucial protection for your trip.
The worst time to buy travel insurance is after something bad has already happened.
You’re happily wandering around Portugal when you trip in a vineyard and break your ankle. uh oh Had he purchased travel insurance with emergency medical benefits, he could have avoided paying Portuguese hospital bills out of pocket. Had you purchased travel insurance with trip interruption benefits, it could have reimbursed you for the unused portion of your trip, as well as the cost of the plane ticket to return home early. but you did not. Is it too late to buy travel insurance now?
Unfortunately, it is. travel insurance is designed to protect a traveler from certain unforeseeable events, not things that are easily foreseeable or things that have already happened at the time you purchase your plan. that’s why it’s smart to buy insurance as early as possible in the booking process. If you’re taking more than one trip this year, you can make your life easier by purchasing an alltrips multi-trip plan. Find the best plan for your next trip!
- 5 reasons why travel insurance is mandatory
- 10 ways allianz global assistance strives to be the best travel insurance company
- What factors affect the cost of travel insurance?