When should I buy travel insurance?

Travel insurance is a crucial part of any travel plan, yet many people often overlook the importance of having one until it’s too late. Travel insurance can provide coverage for unexpected events such as illness, accidents, lost or stolen belongings, and trip cancellations. However, you might be thinking, "when should I buy travel insurance?"

When Is The Best Time To Buy Travel Insurance?

The earliest possible opportunity after making your vacation arrangements is the ideal time to buy travel insurance. It guarantees protection from any unforeseen circumstances that might occur before or during your vacation.

It’s common for travel insurance packages to include strict time restrictions on when you can buy coverage, like within a particular amount of days of paying your first trip deposit. You could also benefit from features like coverage for pre-existing medical conditions or a “cancel for any reason” option by buying travel insurance ahead of time. If you don’t buy your insurance quickly after your first trip purchase, you might not have coverage for trip cancellation.

It’s crucial to remember that putting off buying travel insurance may restrict your options for coverage and leave you defenceless in the event of an unexpected tragedy.