Buying your first home does not usually change your travel insurance eligibility or automatically provide any cover. Choose a policy based on your destination, trip costs, medical needs and activities, and check whether cancellation cover applies if settlement dates or conveyancing issues affect your plans. Travel insurance generally will not cover every financial loss connected with buying a property, so read the policy’s exclusions carefully. It is also worth confirming settlement arrangements with your conveyancer and arranging home insurance from the date your contract requires, as advised by your insurer or lender.