Doc_N wrote: »
Could be dearer, of course - or unobtainable. And at least purchased now it would cover the deposit. Have to say, though, that faced with that sort of premium I'd be staying in the UK.
Superbladesman wrote: »
Thanks for the reply but I do not understand the logic, just do the maths if I need to cancel before full payment I would be a further circa £150.00 out of pocket. Also the nearer the travel date the lower the cost.
Doc_N wrote: »
Your choice, of course, but not sure why you think the premium will reduce towards the departure date. The bulk of the premium will relate to the insurer's medical expense exposure, and if your health should worsen in any way the premium is likely to increase. If it's a major change (and we never know what's round the corner) it could double or treble.[/QUOTE
I would suggest you consult the small print in your insurance policy where you have agreed to inform them if your health changes, which applies from day one. They will then consider your condition and if acceptable may increase it or if not, cancel your policy with a refund of your premium less a handling fee.
This does not apply once you have commenced your holiday.
Regards a reduction in premium nearer to travel date it is likely because they carry the risk for a shorter period. If you have ever tried to get insurance where the travel date is more than twelve months in advance you would discover it is almost impossible.
Just got another quote on a like for like basis and surprise surprise, has it gone up NO, it is now £600.00 cheaper which confirms my first post on this subject.
Is it always a good idea to take out holiday insurance as soon as you book your holiday, seems not!
I read that you could exclude certain conditions to reduce the cost but every company I speak to says this is not possible and you have to be insured for all or none. Most of my conditions would not be an issue for a holiday so could easily be excluded. they are all excluding my breast cancer anyway. Can anyone advise me of a company that will exclude, please?
StephenMay wrote: »
I also would like to know the answer to whether you have to declare everything.
A quote from Staysure for a week with my wife is £45 if we include only our physical symptoms, but £135 if I include my mild and well-controlled depression. A difference of £90, a 300% increase!
I am quite happy to leave the mental issue uncovered, but am told doing so might invalidate the coverage of my pre-existing physical medical conditions. I asked the person on the phone how on earth my being a bit low could possibly affect my twisting an ankle, for example. She said she could not answer that one, but that "every case is considered individually". She did not suggest anyone to ask.
This rule - if it is a rule - seems absurd to me, but IS it the case?
Any ideas, anyone?
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