Travel Insurance Tip No. 4 – Think about the start date on your annual travel insurance

By , October 4, 2011 4:42 pm
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When you buy an annual travel insurance policy you will usually be asked when you want the travel insurance cover to start. Now, it may seem sensible to start your travel insurance cover on the date you depart for your next holiday, but that might leave you financially exposed if you need to cancel the trip.

For the same reason that you should buy single trip travel insurance cover as soon as you book your holiday, if you have a holiday booked you should start your annual travel insurance cover immediately.

That way, your annual travel insurance is in place in case you need to cancel your holiday for reasons beyond your control, such as illness, of either yourself or a close family member, redundancy or your home becoming uninhabitable.

If you already have an annual policy which is about to expire, you should start your new policy on the day after your current policy expires so that you get uninterrupted cover for cancellation and are not exposed to any unnecessary financial risk. 

When you have an annual travel insurance policy your insurance provider has a responsibility to contact you  before it expires to make sure that you are aware that your cover is about to end.

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