What if I change my mind after I purchase a travel insurance policy?
Most companies offer a free-look period for their travel insurance policies. This means you can purchase your policy and have 10 days to return it for a refund of premium. Think of it as a 10 day money-back guarantee (often there is a small processing fee of $3-$5, depending on the company)
Some travelers purchasing insurance for the first time like to recieve their policy and read the actual terms from the insurance certificate. Having 10 days to do so makes them more comfortable.
When shopping for travel insurance, make note of the free-look period and keeop it in mind as you shop. If you a fairly sure you have found the right policy, go ahead and purchase it knowing you can return it and get a refund.
2 things to keep in mind regarding a free-look period
1. Free-look periods and conditions vary by travel insurance companies. Make sure you understand the conditions.
2. There are benefits to purchasing travel insurance sooner rather than later. If you keep buying and returning policies, you may not enjoy these benefits.