Yes, typically travelers will wait to buy a policy until they’ve made at least one insurable payment toward their trip, which can include booking a flight, hotel, tour, or other prepaid and non-refundable trip expenses. Travelers can purchase travel insurance with comprehensive coverage anytime up until the day before they leave for their trip.
In most cases, travel insurance is bought right after the bookings are made. This will give you a clear idea about the extent of coverage you need and any add-ons you should include in your policy.
Travel is a significant part of every individual’s life. Whether it’s for leisure or business, every person sets off to an unknown land at some point of time. However, when a traveler undertakes a journey overseas, the chances of uncertainties are high. Due to the unpredictability of life, an individual must ensure that they are financially equipped to deal with such circumstances. This is where the importance of having a travel insurance policy arises.
Travel insurance is a product that provides coverage for unfortunate events like trip cancellations, flight delays, loss of baggage or passport or any medical emergency arising in the middle of a trip.
When Should I Buy Travel Insurance?
Comprehensive Travel Insurance policies, including coverage for Trip Cancellation, medical emergencies, travel delays and lost luggage, are available up until the day before you leave for your trip.
Schengen Visa Itinerary recommends buying shortly after making your first trip payment. This will ensure you have coverage for any unforeseen occurrences between booking and departing. If you buy travel insurance within 14-21 days, you may also qualify for the time-sensitive benefits, such as Cancel for Any Reason and Pre-Existing Condition coverage.
You should be aware that travel insurance is designed to cover unexpected events. If an event occurs before you’ve purchased a policy, such as an illness that would cause you to cancel your trip, it will be too late to get coverage for that sickness.
If you need support with an upcoming trip to the Schengen Area, please contact us today. We also offer Flight Reservation and Hotel Reservation to complete your visa requirements.
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