Can travel insurance be cancelled?

Yes – you can cancel your Budget Direct travel insurance policy, without notice, at any time.

How do I cancel my travel insurance?

Simply call Budget Direct on 1800 444 424 and we’ll help you.

Is there a cooling-off period for travel insurance?

Yes – our cooling-off period starts the moment you buy your Budget Direct travel insurance policy and lasts for 14 days.

If you change your mind within that time, you can cancel your policy and – as long as your trip has not started and you have not made a claim – get your money back.

Can I cancel my policy and get a refund?

If you cancel your Budget Direct policy within 14 days of buying it – the cooling-off period – you’ll receive a full refund of your premium payment, as long as:

  • your trip has not commenced, and/or
  • you have not made a claim.

If you cancel after the cooling-off period, your payment will not be refunded.

Do I have to pay a fee to cancel my policy?

No – you do not have to pay a fee to cancel a Budget Direct travel insurance policy.

Can travel insurance be cancelled for any reason?

Yes – the reason you’re cancelling your Budget Direct cover makes no difference.

Can my insurer cancel my travel insurance?

Yes – if we ask you questions, you have a duty of disclosure to tell us anything relevant to our decision to insure you.

If you do not tell us anything you’re required to tell us, we may reduce or refuse to pay a claim and/or cancel your policy.

For details about your duty of disclosure, please read the product disclosure statement.

Get a travel insurance quote online