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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