When To Buy Travel Insurance

The bags are packed, the countdown is on, and your dream destination is just a flight away. But before you zip your suitcase, there's one thing you might be forgetting – travel insurance. 

Buying travel insurance early doesn't just offer peace of mind; it can make a big difference in the type of protection you receive. The real question isn't just if you need it, but when to get it. 

Once the destination is picked, the days are booked off, and that first deposit is down, the next move should be securing travel insurance. 

The best time to buy travel insurance is after that first payment. Buying early makes you eligible for more complete protection – coverage that can apply before you even leave home.  While travel insurance offers security, it also comes with limitations. Waiting too long can mean fewer coverage options, limited cancellation flexibility, and no protection for known risks.  

Cancelling travel plans can be disappointing, but the right insurance can help soften the blow.  "Cancel for Any Reason Coverage" helps recover costs from non-refundable trips, offering protection against the financial impact of cancellation. If you buy your coverage early enough – within 72 hours of your first deposit – you may be eligible for a refund of up to 75 per cent of your trip cost, even if you cancel just three hours before departure.