How To Purchase Travel Insurance After Booking – When planning on going on a holiday trip, travel insurance provides you with peace of mind. Have you started booking your trip and just realized that travel insurance may be such a good idea? And you are wondering about questions like, “Can I buy travel insurance after booking my trip and flights?” Well, the short answer to this question is: Yes, you can.
When it comes to purchasing travel insurance, timing is everything. Some options may not be available for you if you wait too long. In this guide, we will discuss the best time to purchase travel insurance and when it is not too late to do so.
When Can I Buy Travel
Travel insurance can offer coverage for various situations, such as trip delays, lost luggage, medical care, and trip cancellation. If the policy is something you are considering, you should purchase it as soon as possible. But is it advisable to do that after your booking?
You won’t want to purchase a policy before booking your travel, especially if your plans are not firm yet. Policies like trip cancellation insurance are made to protect you from nonrefundable losses that you have incurred. If you have not booked the trip, you won’t know how much coverage you will need or the out-of-pocket costs.
Although it is not advisable to buy travel insurance before booking the trip, ensure that you do so as soon as you make reservations. You can expect to see a good number of options you can choose from at this point.
Some companies will allow you to purchase a policy until the very last minute. But you need to keep in mind that your options will be limited as you wait. And some benefits, such as trip interruption or pre-existing medical condition insurance, may not be available anymore.
When is it too Late to Buy Travel Insurance?
There are various situations in which you may not be able to purchase travel insurance. Sometimes, you may be able to purchase the policies but won’t be eligible for benefits if it is too late. Just like I have mentioned above, some insurers offer travel insurance until the last minute (a day before you start traveling).
Anytime after that, it will be too late to insure your trip. You can’t purchase the policy at the airport. Also, you won’t be able to get If you have already boarded your cruise, You will have to go on the trip without having insurance coverage if you miss the timing. And it can be very risky to do that.
How To Purchase Travel Insurance After Booking
Travel insurance is a very good option for many reasons, especially if you are scared that something may go wrong during your trip. Or if you have already invested a whole lot into the vacation. Fortunately for procrastinators, most travel insurance coverage is available after booking travel. You will have to make your purchase at least a day before the trip.
There are various coverages you will need to purchase after booking, or they won’t be available. These coverages include preexisting medical condition insurance and cancellation for any reason insurance. So, if you want travel insurance for your trip, it is advisable to purchase a policy as soon as your booking is completed. You can purchase the policy from the following travel insurance companies:
- Travel-Insured International
- Worldtrips
- Travelsafe
- Nationwide
- Seven Corners
- AXA Assistance USA
- Generali Global Assistance
- Travelex
- HTH Worldwide
- AIG
- Aegis
Purchase the policy from a travel agent, insurance broker, travel insurer, or even from your health, home, or car insurer. Most of the above-listed insurers offer the policy online on their websites. You can also purchase through an airline booking site, a comparison site, over the phone, or the counter.
Purchase the travel insurance as soon as your travel date is scheduled. That way, you will be covered if your trip gets canceled and you are unable to travel. You can also make use of various travel credit cards for your trip. Some of these credit cards include the Chase Sapphire Preferred Card, the Ink Business Preferred Credit Card, the Chase Sapphire Reserve, and the Bank of America Travel Rewards Credit Card.