When travelling, people plan for accommodations, flights, and other amenities but need to consider insurance. Travel insurance can offer protection from many potential problems, including flight cancellations and lost or stolen luggage. Travel insurance can be bought up until one day prior to your take-off. However, timing dramatically affects how much benefit your travel itinerary gets. To determine when it is ideal to purchase travel insurance, let’s shed some light on a few scenarios.*
Before Purchasing Your Airline Tickets
If you intend to travel several times throughout the year, now is the time to purchase travel insurance. You can avoid the hassle of getting travel insurance on every trip by purchasing multi-trip insurance. You are covered for all your travels during the policy’s travel insurance coverage period. It also is more economical.*
Making A Last-Minute Purchase
Many people put off getting travel insurance, and they finally buy it the day or two before their flight. Since this purchase carries a significant risk, it should be avoided at all costs. The substantial disadvantage in purchasing a travel insurance policy now is that you lose out on several travel insurance benefits to which you were previously entitled.
The implementation of an insurance policy takes a few days. If you purchase the protection plan at the last minute, you will travel without insurance while you wait for your policy to go into effect. Additionally, insurance companies might reject your travel claim as a result of this. The below listed important coverage must be bought in advance to take effect:*
- Protection against cancellation for any reason
- Coverage for absences caused by employment.
- Coverage for pre-existing medical conditions
- Protection from financial failure.
For comprehensive information on your policy, you should contact your insurance company.
When Should You Buy Travel Insurance?
You should buy a travel insurance plan within 14 days of making travel arrangements. However, the perfect time to buy travel insurance should be on the very same day as your foremost plans and pay for your trip, such as a plane ticket. This early purchase of travel insurance shields you from unforeseen events. You can save money by making an early purchase because most travel plans include unexpected circumstances. Say you reserved a trip to Bahrain three months in advance. ##
A lot can go wrong after you book your trip and the exact time you board the plane for your vacation. However, by purchasing travel insurance simultaneously with your initial reservation, you are protected from unforeseen circumstances and understand the fundamental rationale behind buying a travel insurance policy.
The ideal time to buy travel insurance is as soon as you book your trip. Purchasing travel insurance early provides great coverage and protects you against unexpected events or emergencies that may arise before or during your travels. Waiting until the final minute can leave you at risk of potential vulnerability and may limit the benefits and coverage options available to you.
* Standard T&C apply.
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
