Yes, you can. All travel insurance plans come with a free review period, which is a number of days you can use to review the policy, understand the coverages, and determine whether the plan will meet your needs. You cannot return your travel insurance policy for a refund if you’ve already started your trip.
During the review period, travelers also have the option to cancel their policies. After the free look period, the policy is considered in effect and you’ll be subject to the travel insurance plan rules.
Most insurance companies assess a small administrative fee ($5-$8) for the cancellation.
Travelers typically cancel their travel insurance policies when they realize the plan won’t meet their travel needs or after they’ve read the policy certificate and understand they need a different travel insurance plan.
It’s important to note that cancellation is not the only option you have – you can always make changes to the travel policy so it works better for your needs as well. Travel insurance providers allow travelers to make changes to their plan – including increasing or decreasing coverage amounts – right up until the day before their scheduled departure.
To cancel your travel insurance policy during the free review period, you’ll contact the travel insurance provider directly. In some cases, travel insurance companies require you to cancel your plan in writing, so it’s important to review the policy certificate and understand how to cancel.
You should have received a copy of your travel insurance policy by e-mail (check your spam or junk folder if you don’t immediately find it), and that is where you’ll find the information you need to cancel your policy, including the customer service number and your policy number.
Damian Tysdal is the founder of CoverTrip, and he believes travel insurance should be easier to understand. He started the first travel insurance blog in 2006.