When getting a travel insurance quote, it is important to enter an accurate date for the initial trip deposit. The deposit date is when the first payment was made towards any aspect of the trip. Whether the payment was made to a travel agent, cruise company, airline or any other travel company, the date first payment made is the deposit date.
Deposit date is relevant because certain coverage benefits are only available for a set amount of time from the initial deposit. Such benefits can include: pre-existing conditions, cancel for any reason, financial default and cancel for work reasons. Depending on the travel insurance plan, these benefits can be available anywhere from 14 to 30 days from the deposit date.
Always refer to the certificate of insurance for details.