If you do find another premium for less than what you currently have, you can just cancel it, given you haven't had to make a claim since taking it out. Martin Lewis has issued a warning about insurance for anyone planning to go on holiday this summer. Staysure Travel Insurance is administered by Howserv Limited which is registered in England and Wales number 03882026. Then your card does the exchange rate, if not they do it, its usually worse. He recommended that Rita write to the FCA to make a formal complaint about the lack of refund. Iconic high street favourite to return after 4 years as shoppers 'can't wait'. Not covering your medical conditions with personalised travel insurance could put you out of pocket. We hope to help you travel with peace of mind soon! You may cancel the policy within 14 days (the cancellation period) of receipt of the policy documents by writing and returning your documents to Global Travel Insurance Services. If youre paying on plastic and they ask you whether you want to pay in pounds or euros (or the local currency of where you are). In his segment on the show, Lewis explained: "January is the biggest holiday booking month, and if you've just booked yours, make sure you've sorted your travel insurance out too. ", Another added: "As if the poor woman hasn't enough to deal with.". Dont leave it, thats pointless., Heres why arranging your travel insurance as soon as youve booked your holiday is the best thing to do. Weve partnered with Confused.com to help you get a great deal on your travel insurance. If you did pay for the premium upfront you should be able to get arefundfor what's left on the contract. Also, for some of our insurers we may receive a profit share payment if they achieve performance targets across their product portfolio. He said that forking out on a holiday might leave you thinking its okay to buy your travel insurance nearer the time of your departure. AllClear Limited is licensed and regulated by the Gibraltar Financial Services Commission number FSC25393 and trades into the UK on a freedom of services basis, FCA FRN 824283. Yet specialist cards don't do that. #2 Saving for Christmas 2023 - 1 a day challenge DONE and DUSTED! In this day and age, it should not be the case anymore! Martin Lewis urges travellers to buy travel insurance ASAB. It has also caused insurers to make changes to their policies. Money Saving Expert offer travel insurance through several different companies, including insurance providers and comparison websites. UK cruise travel insurance MoneySavingExpert Forum He then issued an urgent warning for holiday-goers booking their upcoming breaks - advising them to to book their travel insurance sooner rather than later.