Travellers typically choose to cancel their travel insurance policy when they realize the coverage purchased won’t meet their travel needs or understand they need a different travel insurance plan. When you purchase your travel insurance policy from Allianz Global Assistance, you have a 10-day free look period. You can cancel your policy anytime within this cooling off period and get a refund as long as your trip has not started, and you have not made a claim. If you cancel after the free-look period, your payment may not be refunded.