Travel insurance

zenshi

Last year I took out an annual travel insurance policy, only ever did single trip insurance before. Anyhow, the said annual policy runs out 3/4/23. I’m booking a flight tonight for 10/4/23. 

Do I book single trip insurance or can you have two separate yearly policies running together? Or would the existing policy cover me till I get another yearly policy to start on 3/4/23.
im confusing myself?!

DullGreyGuy

Assuming you are going to buy another annual policy then the existing policy would cover you up until it expires and the new one afterwards. So if you broke your leg on 1/4 and told you wont be fit to travel by 10/4 then you'd claim off this years policy 

zenshi

DullGreyGuy said:

Assuming you are going to buy another annual policy then the existing policy would cover you up until it expires and the new one afterwards. So if you broke your leg on 1/4 and told you wont be fit to travel by 10/4 then you'd claim off this years policy 

That was my thinking. I rang to check and he said I wouldn’t be covered. Read my policy documents and found this. So I should be covered until I renew/ get diff policy, 

paws4sport

This happended to me a few years back.  I had to cancel a trip a few weeks before travel but also before travel, the policy was due for renewal.  The insurance company would not pay out because the date of travel was after the expiry of the annual policy.  I even took it to the FSA because Martin had done a tv show saying that an annual policy covers cancellation up to the expiry date.  The FSA agreed with the insurance company.  They said it is a common misconception that people have.  The annual policy does not cover cancellation for trips that are departing after the policy expiry date.

DullGreyGuy

paws4sport said:

This happended to me a few years back.  I had to cancel a trip a few weeks before travel but also before travel, the policy was due for renewal.  The insurance company would not pay out because the date of travel was after the expiry of the annual policy.  I even took it to the FSA because Martin had done a tv show saying that an annual policy covers cancellation up to the expiry date.  The FSA agreed with the insurance company.  They said it is a common misconception that people have.  The annual policy does not cover cancellation for trips that are departing after the policy expiry date.

Not sure I would necessarily trust what the Food Safety Agency had so say about insurance.

Ultimately every policy has its own policybook and you need to read that. There are common practices in the industry but there is no obligation for every policy to follow common practice... though at times the Financial Ombudsman Service will actually make insurers follow it. 

sheramber

When searching for travel insurance I came across policies that said they did not cover trips that occurred beyond the renewal date.

You need to read the policy document thoroughly so you know exactly what you cover you have.