Travel insurance could be an important investment to help protect yourself and your trip from unexpected events that can occur while travelling. Unexpected events range from medical emergencies, trip cancellations or delays, lost or stolen luggage, and even natural disasters. However, deciding when to purchase travel insurance can be a difficult decision. Should you purchase it right after booking your trip, or should you wait until closer to your departure date? We’ll share when the best time to purchase travel insurance might be and why.
The case for purchasing travel insurance straight away
The unexpected can happen at any time, from the time you book your trip, and right up until the time you leave for your trip. You should consider buying travel insurance as soon as you have your travel planned and booked so that you’re not left with financial liabilities if you need to cancel your trip due to unforeseen circumstances. For example, if you have to cancel your hiking trip because you accidentally broke your ankle, you can file a claim for non-refundable expenses such as flights or accommodation.
Purchasing travel insurance early can provide you with more time to read through your policy and ask any questions you may have. This can help ensure that you fully understand your cover and what you're protected for.
Can you buy travel insurance after booking a trip?
Yes, you can purchase travel insurance after you have booked your flights. With Qantas Travel Insurance, you are able to purchase a travel insurance policy at any time including the day of travel, right before you leave for your trip.
Can you purchase travel insurance right up until your departure?
Yes, if you didn't purchase travel insurance right after booking your trip, don’t worry. With some providers such as Qantas Travel Insurance, you can still purchase travel insurance until right before your trip has started.
Disclaimer: Qantas Travel Insurance is issued by Zurich Australian Insurance Limited, ABN 13 000 296 640, AFSL 232507 (“ZAIL”). Qantas Airways Limited, ABN 16 009 661 901 (“Qantas”), is an authorised representative (AR 261363) of ZAIL. This information is general in nature only and has been prepared without taking into account your objectives, financial situation or needs. You should consider whether the advice is suitable for you and your personal circumstances. Before making any decision to buy the travel insurance, you should read the Product Disclosure Statement (PDS), Target Market Determination (TMD) and Financial Services Guide (FSG). ZAIL engages affiliated entities within the Zurich Insurance Group to provide services in support of this insurance as permitted by applicable laws.
