Travel Insurance

house_of_cards

We booked our holiday and paid a deposit in February 2012 for a trip to USA in August 2013. A few days ago we paid our final balance.

We are now looking at travel insurance for this trip and have found an annual policy that will cover my pre-existing conditions at a price we are happy with. We have paid for this policy and the commencement date is 17th May 2013

My question, or rather what I'm seeking reassurance on, is whether or not we are covered in the unlikely event of cancellation of the trip because the commencement date of our policy is after the date we paid our holiday balance in full.

bouncydog1

Providing you answered all questions on the proposal form honestly and did not with- hold any information then cover will apply from the date you took out the policy.

However if you did know of a reason that the trip might have to be cancelled - eg an immediate relative was seriously ill and you might have to cancel your trip if they deteriorated - and dd not disclose this, then your cover would be void.

Hopefully you did answer everything asked, so can look forward to your holiday which sounds great.

house_of_cards

yes, everything was answered correctly (and I've got confirmation that my PEMC's are all covered). I've no reason to believe the trip won't go ahead (everyone going is as healthy as usual). I read on another forum that you should take insurance at the same time as you book the trip but in our case it would have meant paying a premium for an extra year when we had no holidays to go on!

Quentin

If you book a holiday over a year on advance you can cover cancellation by taking a single trip policy to cover the holiday.

Watch out for the "catch" with annual travel policies for trips taking place after the policy expires as you have to start from new regarding any existing conditions at each renewal.

This means that (eg.) you develop a condition during the policy year after booking the trip, come renewal you have to disclose the condition which may result in extra premium or them refusing to cover the trip (and you having to cancel at that point if you cannot get cover elsewhere, and cannot risk being uninsured).

weejonnie

There is no problem taking out insurance once the trip is purchased. With regard to Quentin (supra) if you insure for a trip too far in advance you may find the policy won't cover you as there are often rules about travelling too far in the future. the policy will say "Valid for trips booked before ***** returning home before *****"

Quentin

weejonnie wrote: »

There is no problem taking out insurance once the trip is purchased. With regard to Quentin (supra) if you insure for a trip too far in advance you may find the policy won't cover you as there are often rules about travelling too far in the future. the policy will say "Valid for trips booked before ***** returning home before *****"

This post contradicts itself! You first repeat my post above yours and tell us no problem buying a policy when you book a trip, then for some reason bring me into it and tell us if you buy a policy for a trip in advance you might not be covered???

Is this a broker's way of covering all the angles when giving pointless"advice"?

(Don't understand why you refer to me as a Toyota)