Travel Insurance - which policy in event of cancelation?

louism

Hi, we are thinking of booking a cruise which is scheduled for March 2027. We normally get annual travel insurance. This booking will most probably be 2 policies ahead of our current one which will expire in the next 2 months.
Now a lot can happen in that time eg things that could prevent you going so I was wondering in the unfortunatte event of a cancellation being required, which policy would the claim fall under?
Would it be the policy at the point of booking or the policy at the time of cancelation? 

MyRealNameToo

louism said:

Hi, we are thinking of booking a cruise which is scheduled for March 2027. We normally get annual travel insurance. This booking will most probably be 2 policies ahead of our current one which will expire in the next 2 months.
Now a lot can happen in that time eg things that could prevent you going so I was wondering in the unfortunatte event of a cancellation being required, which policy would the claim fall under?
Would it be the policy at the point of booking or the policy at the time of cancelation? 

The policy at the point that the event occurs that stops you from travelling, generally. Be a little careful though as some annual policies won't cover trips that are beyond the end of the policy term

louism

MyRealNameToo said:

louism said:

Hi, we are thinking of booking a cruise which is scheduled for March 2027. We normally get annual travel insurance. This booking will most probably be 2 policies ahead of our current one which will expire in the next 2 months.
Now a lot can happen in that time eg things that could prevent you going so I was wondering in the unfortunatte event of a cancellation being required, which policy would the claim fall under?
Would it be the policy at the point of booking or the policy at the time of cancelation? 

The policy at the point that the event occurs that stops you from travelling, generally. Be a little careful though as some annual policies won't cover trips that are beyond the end of the policy term

Yeah, that was what I was thinking. So in this case, if I had to cancel halfway through next year, the policy I would have in place would be neither the policy when I booked the cruise or the policy that would be in place whilst on the cruise. I can just see them trying to wriggle out of it if anything happened. Possibly over thinking it but I generally do think "insurance" the moment I'm booking something and this one is so far forward, it got me thinking.

Caz3121

how much is the deposit and when would the balance be due?
Up to which point would you just lose the deposit if you needed to cancel?

MyRealNameToo

louism said:

MyRealNameToo said:

louism said:

Hi, we are thinking of booking a cruise which is scheduled for March 2027. We normally get annual travel insurance. This booking will most probably be 2 policies ahead of our current one which will expire in the next 2 months.
Now a lot can happen in that time eg things that could prevent you going so I was wondering in the unfortunatte event of a cancellation being required, which policy would the claim fall under?
Would it be the policy at the point of booking or the policy at the time of cancelation? 

The policy at the point that the event occurs that stops you from travelling, generally. Be a little careful though as some annual policies won't cover trips that are beyond the end of the policy term

Yeah, that was what I was thinking. So in this case, if I had to cancel halfway through next year, the policy I would have in place would be neither the policy when I booked the cruise or the policy that would be in place whilst on the cruise. I can just see them trying to wriggle out of it if anything happened. Possibly over thinking it but I generally do think "insurance" the moment I'm booking something and this one is so far forward, it got me thinking.

when you booked will be irrelevant other than for the consideration of pre-existing conditions. 

Insurers dont try to "wriggle out" of paying claims, they generally set clear terms and then price based on those terms. It's inevitable that if they have more restrictive terms then they can price lower because their policies cover less. Unfortunately sites like this have championed buying on price and that cheap is best but in reality cheap can be very expensive in the long run. Terms have generally deteriorated over the years because when price is king you need to cut your cover to get a cheaper price. However this isnt something thats covert or unknowable, it's all written in the policy book if you take the time and effort to actually read them (I know it's boring).