Trip Insurance - Frequently Asked Questions

Basic questions

1. Do I need a specific travel protection plan if I have a credit card that includes travel insurance?
2. What do you mean by International Travel Medical Insurance? Why do I need it?
3. How are these travel insurance companies rated?
4. Can I purchase travel insurance for my friend, relative or employee online?
5. When will my travel insurance cover become effective?
6. Can I buy Flight Accident policy if I have already started my trip?
7. I did the travel bookings on my own and not through any agency. Can I insure this trip?
8. What is the latest date for me to purchase travel insurance?
9. When is the best time to buy travel insurance?
10. What is the First Trip Payment Date?
11. How do I evaluate the total trip cost?
12. When will my coverage kick in?
13. Can non US citizens buy these travel insurance plans?

Pre-existing conditions coverage

1. I booked part of my vacation, but not the main flight. I would like to buy insurance within the pre-existing condition exclusion waiver period. Should I wait till the flight is booked?
2. I currently am on medication for high blood pressure? Is this considered a Pre-Existing Medical Condition?
3. What does it mean to have the Pre-Existing Conditions waived if insurance bought within 'x' days from the first trip payment?
4. Does the Pre-Existing Condition period apply if I bought the insurance within the required time frame and do I qualify for the Pre-Existing Condition Waiver?

Insurance policy cancellation, correction

1. I did not receive my travel insurance policy document yet. What should I do?
2. Can I cancel a policy I bought? Do I incur a penalty?
3. I made a mistake in the application while buying the insurance, what should I do?

Trip Insurance coverage details

1. Will the travel/trip insurance plan cover Baggage Loss and Trip Cancellation?
2. Does this travel insurance cover cancellation of a trip due to the death of a close family member - even if the family member is not part of this trip?
3. I am interested in travel insurance plans that cover cancellation for any reason?
4. Which policies protect me if my trip is cancelled because of terrorist activity?
5. I am in the military. What if I am called to duty or denied leave which prevents my travel?
6. Should I include the equivalent monetary "cost" of the airline ticket that I purchased with frequent flyer miles?
7. Is there any company that provides travel insurance to cover loss of frequent flyer program miles, should the airline go out of business or if I am unable to re-instate them in the event of cancellation of a trip?
8. Is it possible to insure the house or condo rental?
9. What is meant by financial default coverage?