If you paid for insurance and never got to take your trip, you might not be entitled to a refund of your premium
“Technically, a travel insurance policy (specifically, a cancellation policy) begins being used the day it’s purchased,” said Megan Moncrief, chief marketing officer for Squaremouth, an insurance aggregator that compares policies from various providers.
“The insurance begins bearing that risk immediately, and the traveler has coverage starting almost immediately,” she said in an email. “So, for example, should [you] fall ill the next day and be prevented from traveling, that cancellation coverage is already in place.”
Read the full LA Times article online here: https://www.latimes.com/travel/story/2020-12-10/seven-things-you-must-know-about-travel-insurance