Top tips for buying travel insurance
Will the extra cost mean a refund if you encounter swine flu or a hurricane? That depends…
Buy Travel Insurance When You Book
The minute you book your trip, the clock starts ticking on insurance coverage for a couple different preexisting conditions:
- Preexisting medical conditions: The rules aren’t as strict as they used to be, experts say—so long as you buy the coverage when you book your trip, or very shortly thereafter. “You have a buying window,” says Peter Evans of InsureMyTrip.com. “For a preexisting condition and some other exclusions, the window is usually 15 to 21 days after you make your first deposit on the trip.” If you buy the insurance after that, any future claim could be automatically denied. Same goes for the preexisting medical conditions of your Aunt Hazel, in case it’s her health crisis that requires you to cancel your trip.
- Preexisting hurricanes: If you’re buying a trip cancellation or trip delay package for a trip to the Caribbean during hurricane season, you’re typically covered…as long as any storm heading toward your island doesn’t have a name yet.