Insurance without need

DullGreyGuy

Ozzig said:

BHouston12 said:

This is by no means a defence but I can't understand the difference between this...and surely MSE would not recommend doing it if it was against any law? This would be insuring without an insurable interest?

I don't think traveling is mandatory / a legal requirment when buying travel insurance.

For single trip travel you have to declare where you are travelling to and on what dates... in principle you'd have the same issue 

Ms_Chocaholic

Will this come under "have you ever had an insurance policy cancelled or voided" and therefore increase your premiums for ALL insurnace in the future, I sincerely hope not but just thought I'd mention it.

BHouston12

Ms_Chocaholic said:

Will this come under "have you ever had an insurance policy cancelled or voided" and therefore increase your premiums for ALL insurnace in the future, I sincerely hope not but just thought I'd mention it.

That's why I chose to cancel it (they gave me 3 weeks to provide proof of ownership). 
I'm not massively concerned by this - I'm extremely concerned about legal action which (and I know some of you will think tough crap) seems excessive for something that I'm guessing potentially millions of people do to get the cinema tickets 

Ozzig

BHouston12 said:

Ozzig said:

BHouston12 said:

This is by no means a defence but I can't understand the difference between this...and surely MSE would not recommend doing it if it was against any law? This would be insuring without an insurable interest?

I don't think traveling is mandatory / a legal requirment when buying travel insurance.

Didn't realise that 👌

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

DullGreyGuy

Ozzig said:

BHouston12 said:

Ozzig said:

BHouston12 said:

This is by no means a defence but I can't understand the difference between this...and surely MSE would not recommend doing it if it was against any law? This would be insuring without an insurable interest?

I don't think traveling is mandatory / a legal requirment when buying travel insurance.

Didn't realise that 👌

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

But that was Annual travel which is there if you travel. Single trip, which is what I said, is there for a specific trip. Given the OP said buying a 1 night policy to get it as cheap as possible to maximise the difference between cost and reward its not an annual policy

mr_stripey

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

yes same. I have an annual rolling policy through work which I pay for but I presume there is no requirement for me to actually travel? Just good to know it is there if I do go away at short notice!

might be different though to trying to insure a car or cat that I don't have?

BHouston12

mr_stripey said:

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

yes same. I have an annual rolling policy through work which I pay for but I presume there is no requirement for me to actually travel? Just good to know it is there if I do go away at short notice!

might be different though to trying to insure a car or cat that I don't have?

Annual insurance id have thought would be fine. You're covering the possibility to go away. What MSE advise is to take out a single trip where you have to put in dates you are going so people (in huge numbers) are telling insurance companies they're going away to a specific place on a specific date when there is no truth to it for technically financial gain (cheaper cinema tickets) I'm not blaming MSE here by the way, I'm just making the point.

Ozzig

DullGreyGuy said:

Ozzig said:

BHouston12 said:

Ozzig said:

BHouston12 said:

This is by no means a defence but I can't understand the difference between this...and surely MSE would not recommend doing it if it was against any law? This would be insuring without an insurable interest?

I don't think traveling is mandatory / a legal requirment when buying travel insurance.

Didn't realise that 👌

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

But that was Annual travel which is there if you travel. Single trip, which is what I said, is there for a specific trip. Given the OP said buying a 1 night policy to get it as cheap as possible to maximise the difference between cost and reward its not an annual policy

The advice is for "single night" not single trip, even if it were single trip, what if you changed your mind and didn't go? 

marcia_

 How did they find out that you didn't have a cat? 

DullGreyGuy

Ozzig said:

DullGreyGuy said:

Ozzig said:

BHouston12 said:

Ozzig said:

BHouston12 said:

This is by no means a defence but I can't understand the difference between this...and surely MSE would not recommend doing it if it was against any law? This would be insuring without an insurable interest?

I don't think traveling is mandatory / a legal requirment when buying travel insurance.

Didn't realise that 👌

I've paid for travel insurance for the last decade (via a work scheme) but I've only been away a couple of times. So I hope I'm right

But that was Annual travel which is there if you travel. Single trip, which is what I said, is there for a specific trip. Given the OP said buying a 1 night policy to get it as cheap as possible to maximise the difference between cost and reward its not an annual policy

The advice is for "single night" not single trip, even if it were single trip, what if you changed your mind and didn't go? 

Thats different to what actually happened though... this is just fabricating a trip to try and benefit from the cashback, would be a totally different matter were it actually a trip that was planned to happen and was subsequently cancelled for an uninsured reason (eg change of mind, falling out with the friend you were to visit etc).