Buying travel insurance at the right time
Purchase your policy within 14 to 21 days of making your first non-refundable trip deposit. This is the only way to qualify for the 'Cancel for Any Reason' upgrade and the waiver for pre-existing medical conditions.
- Identify your 'initial trip deposit' date. This is the very first date you put money toward your trip—usually the flight booking or the non-refundable hotel room deposit. Mark this date on your calendar.
- Calculate your purchase window. Most insurers offer the 'pre-existing condition waiver' if you buy within 14–21 days of that initial deposit. Count 14 days from your deposit date and make that your deadline to buy.
- Select your plan inclusions. If you are worried about changing your mind, look for a 'Cancel for Any Reason' (CFAR) upgrade. You must add this within the same 14–21 day window; you cannot add it later.
- Verify coverage start and end dates. Ensure your policy coverage dates match your actual departure and return dates. Your coverage for trip cancellation begins the day after you buy the policy, so buying early is vital.
- Can I buy insurance the day before I leave?
- Yes, but you will lose eligibility for pre-existing condition waivers and CFAR upgrades. You will only be covered for last-minute accidents or illnesses.
- Does my credit card provide enough coverage?
- Often, credit card insurance is 'secondary' or limited to travel accidents. It rarely covers medical evacuation or pre-existing conditions. Read your card's 'Guide to Benefits' carefully.
- What is a 'pre-existing condition'?
- It is any illness or injury you sought treatment for in the 60–180 days before buying your policy. Buying early is the only way to get this waived.