Travel Insurance conundrum
Posted: January 7th, 2021, 10:44 am
Situation:
15 Jan 2020: Annual travel insurance policy renewed to 14 Jan 2021
30 Jan 2020 (pre Covid): Booking made and large non refundable deposit on holiday accommodation made for trip *in July 2021* (ie 18m later)
Today: Trip must be cancelled for Covid reasons (cant get into country)
15 Jan 2021: Annual travel insurance renewal is due (but presently unneeded so ideally prefer to defer renewal or rebuy for 3,6 or 9m
Question:
1) Is the cancellation for the 2021 trip covered under the policy in force at the time of booking even though it expires before trip is scheduled?
2) If not, would it be if cancellation made today but a renewal is made on schedule on 15 Jan 2021 (for cover for additional 12 months)
3) If also not (2) , would it make sense to renew on schedule and cancel soon after. Makes no sense to me if I were an insurance company it would be obvious that policyholder knew trip was to be cancelled.
Any bright ideas??
15 Jan 2020: Annual travel insurance policy renewed to 14 Jan 2021
30 Jan 2020 (pre Covid): Booking made and large non refundable deposit on holiday accommodation made for trip *in July 2021* (ie 18m later)
Today: Trip must be cancelled for Covid reasons (cant get into country)
15 Jan 2021: Annual travel insurance renewal is due (but presently unneeded so ideally prefer to defer renewal or rebuy for 3,6 or 9m
Question:
1) Is the cancellation for the 2021 trip covered under the policy in force at the time of booking even though it expires before trip is scheduled?
2) If not, would it be if cancellation made today but a renewal is made on schedule on 15 Jan 2021 (for cover for additional 12 months)
3) If also not (2) , would it make sense to renew on schedule and cancel soon after. Makes no sense to me if I were an insurance company it would be obvious that policyholder knew trip was to be cancelled.
Any bright ideas??