This coverage varies depending on the travel insurance plan. Financial default coverage is often excluded from the most basic plans which are usually the least expensive plans. Most comprehensive plans offer this benefit, although some require you purchase the insurance within a specified number of days from your very first deposit or payment (usually 14 – 21 days). A few insurance carriers (i.e HTH and CSA) have plans that offer this benefit if the travel insurance is purchased prior to the final trip payment. There is often a 14 – 30 day wait period from the time the policy is purchased before this benefit is in effect. Some insurance carriers maintain a list of covered suppliers while others maintain a list of restricted suppliers. Always read the fine print on the policy for any exclusions and conditions that apply.