Organising your holiday interstate or overseas is often a very busy process with multiple moving parts. As such, you may find yourself in a situation where your departure is approaching and you still don’t have your travel insurance. Fortunately, you can find out how late you can buy your policy here with Savvy.
Learn about how long before you set off on holiday you’ll need to have your insurance sorted and the importance of doing so. We’re partnered with flexible insurers who can help you source policy coverage at the last minute, so you can find the answers you need and compare options with us today.
There is no set answer for how late you can buy your travel insurance policy. You can buy it as soon as the week, day before or even day of your departure. In some cases, you can purchase travel insurance after your departure and whilst you’re already overseas. However, in terms of when you should buy your travel insurance, it’s highly recommended that you purchase it well in advance of your departure, rather than at the last minute.
The reason it’s better to purchase your travel insurance sooner rather than later is largely twofold: firstly, buying your travel insurance earlier gives you access to coverage for longer. This is particularly important if something crops up in the lead-in to your holiday which causes you to cancel part or all of the trip. If you didn’t have travel insurance purchased, you wouldn’t be able to claim cancellation costs and would instead have to pay them yourself.
The second reason it’s valuable to purchase your policy sooner is that travel insurance usually comes with a waiting period of between 48 and 96 hours. This means that, should any event which is otherwise covered under your policy occur within this period, your insurance provider won’t be able to pay out your claim. This could leave you without cover when you need it and significantly out of pocket. As such, it’s crucial to buy travel insurance as soon as you can, so you can compare your options all in one place with Savvy.
Travel insurance is so important to have when travelling abroad or interstate due to the coverage it offers. By spending the money on a policy before or during your holiday, you can potentially avoid paying hundreds, thousands or even tens of thousands of dollars out of pocket for events both within and outside your control. It isn’t just the financial coverage, though, but also the peace of mind travel insurance brings you that you can be covered if something goes wrong.
As such, even if you’re buying your travel insurance late or after your departure, it’s still worth buying a policy online and potentially benefit from the security it brings you and the lessened unease you might feel while away from home. The main areas travel insurance can cover you for include the following:
We do not compare all travel insurance brands currently operating in the market. Any advice presented above or on other pages is general in nature and does not consider your personal or business objectives, needs or finances. It’s always important to consider whether advice is suitable for you before purchasing an insurance policy.
Savvy earns a commission from our partners each time a customer buys a travel insurance policy via our website. We don’t arrange for products to be purchased from these brands directly, as all purchases are conducted via their websites.
Before purchasing your policy, we recommend you refer to the provider’s PDS for any further information on the terms, inclusions and exclusions.