Effective Date

The effective date of a policy could also be referred to as the start date for coverage, it's when you're policy goes into effect. Exactly when this date falls is determined by the type of policy you're buying.

If you're purchasing a comprehensive policy for all inclusive coverage, then the effective date of coverage is one minute after midnight the day after you purchase the policy. So if you bought your plan today, then the coverage for trip cancellation will go into effect one minute after midnight tonight. The other benefits (interruption, delay, baggage, medical, etc.) all go into effect when you actually depart on your trip, since you wouldn't need them until then.

For any other policy like medical, evacuation, or accidental death, the coverage will commence on the scheduled date of departure. One difference here is with the multi-trip policies. With these plans, the effective date is whenever you choose to have the calendar year of coverage actually begin, and then coverage will go into effect every time you leave your home country.

Updated by on 8/24/13.
1 person found this helpful.
Was this helpful?

Ask an Expert

Question:


How close to the departure date can we get a policy with cancellation?
David,
12/10/2013

Answer:


You can purchase a policy at least 24 hours before departure. However, we do not recommend that. As soon as you put any money down towards your trip you can purchase a comprehensive policy. Once you purchase a policy it will go into affect the next day for trip cancellation up till your departure date.
MattM,
Customer Care insureMyTrip
12/10/2013
Was this helpful?
2 of 2 people found this helpful

Responses

How can you know how many nonrefundable expenses you'll incur for a trip until you make ALL of the reservations -- not just the airfare? (In my case, I'll have airfare, lodging, train fares, a rental car or two, etc. At this point, I have the airfare but don't know the grand total of nonrefundable expenses because I haven't made all the reservations yet.) Isn't the price of a trip insurance policy based on that total?
Linda,
03/05/2014
Was this helpful?
0 people found this not to be helpful.
It is, but you can add expenses to the trip insurance as you go. So if you need a benefit that is time sensitive or want to get protection in place as soon as possible, you can purchase for what you have paid thus far and then contact us to add other expenses on as you pay them.
David M.,
Customer Care insureMyTrip
03/05/2014
Was this helpful?
4 of 4 people found this helpful
See all questions
Ask A Question