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Start of Pre-Existing Condition Lookback period
This is the beginning of the Pre-existing Condition period. This period of time, immediately preceding the purchase of the travel insurance plan, can be anywhere from 60 days to 3 years depending on the plan. Any sickness or injury that manifested during this time will be excluded from coverage. The only exception being conditions controlled by prescription medication that remained unchanged during this period. -
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Pre-existing Condition Period
This is the period of time immediately preceding the purchase of the travel insurance policy. Usually this time period can be anywhere from 60 to 180 days with Package plans(ones that include trip cancellation, interruption, medical, evacuation, baggage etc) and from 1 to 3 years with Travel Medical plans(ones that cover mainly medical and evacuation).
This period of time will be reviewed if a claim is made for any symptoms or treatments the traveler may have had during this time. -
Initial Trip Deposit
This is the day the first money is paid for any portion of the trip. Whether that was a deposit on a cruise, payment for airline tickets, or a small payment to hold a spot on a tour would be considered the Initial Trip Deposit.
Also known as First Trip Payment, insurance companies offer extra time-sensitive benefits if travel insurance plans are purchased within 10-30 days from the Initial Trip Deposit - namely Waiver of the Pre-existing Condition Exclusion and Cancel for Any Reason. -
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Extra Time Sensitive Benefits Available
This is a period starting immediately after the first payment is made for the trip you want to insure. Depending on the plan this can be anywhere from 10 to 30 days in length. The main benefit here is called the waiver of the Pre-Existing Condition Exclusion, as well as Cancel for Any Reason. -
Travel Insurance plan is purchased.
This is the date the travel insurance plan is purchased. This is most often done right after the Initial Trip Deposit was made. Many plans offer benefits, such as Waiver of the Pre-existing Condition Exclusion and Cancel for Any Reason, that are only available if the plan is purchased within 10 to 30 days from initial trip deposit date and the full prepaid trip cost be insured. -
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Trip cancellation coverage
The day after the insurance is purchased the trip cancellation coverage goes into effect, covering the insureds for the reasons listed, such as sickness, injury or death of you or a family member, weather delays, etc. -
Final Trip Payment
The Final Trip Payment is the day the final largest portion of the trip is paid. A few plans offer the Pre-existing Condition Exclusion Waiver if the plan is purchased by or within a day of the Final Trip Payment. -
Vacation begins!!
Its time! This is when the insureds depart on their trip, most Package plans expect that the trip is covered from when the insureds leave their primary residence to when they return back. -
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Vacation!
When the insureds depart on their trip the trip cancellation ends and trip interruption begins(same covered reasons as trip cancellation) as well as all the other coverages the plan offers such as medical, medical evacuation, baggage, travel delay, missed connection etc. -
Vacation ends
The coverages end on the day you arrive home or the day that was entered on the travel insurance application as the return date, whichever occurs first.
