Get covered annually if you make more than two trips in 12 months
The last day before your retirement can be bitter-sweet. On one hand, you will be leaving colleagues and friends behind you, but on the other hand, you have time to really do the things you have always wanted to do like play hours of golf in Andalucía, relax on the beaches of Cannes or go sea fishing around the Canary Islands.
If you have decided to spend your retirement exploring the world or spend time researching where to buy your first holiday home, then it would be a good idea to look at different types of travel insurance to cover you.
Many people now are choosing to purchase their travel insurance once a year just as if it were household or car insurance. A single premium means you can get yourself and your family insured for any number of trips you make in a 12 month period. You can also add cruise cover to the policy, just in case you decide to take an impromptu trip around the Mediterranean Sea.
Sometimes, you just don’t know what cover is best for your trip. Here are some questions which our team usually get asked.
Q. What’s the difference between single and annual?
As you would expect, a single trip covers you for the one return trip which has a fixed departure and return date to a specific destination. A single policy can often work out to be cheaper than an annual policy and can offer both single and annual cover until age 99. If you do tend to travel more frequently, then compare the price of an annual cover (or multi-trip) policy against single trip to work out the cheapest deal.
If you plan to travel in Europe, then only buy cover which includes that geographical area. Buying Worldwide travel insurance which covers the US, Canada and the Caribbean usually costs much more. We do offer worldwide cover excluding/including USA, Canada and Caribbean.
Q. I have travel insurance with my bank, am I covered?
Many banks and building societies offer travel insurance to customers who take out paid accounts. This can be a good saver if you have no pre-existing medical conditions but there is a possibility that the excess could be higher than you anticipated in the event of making a claim. Also, the age limitations vary from bank to bank, with some stopping cover at 70 and others until 80, so it is important to check.
Q. I might be going skiing whilst I am away, will I be covered with an annual insurance policy?
Wintersports are often excluded from general travel insurance policies, or sold specifically as a bolt-on feature. No two policies are the same, so it's essential you check the list of inclusions that relate to your skiing holiday and compare like with like to get the best deal.
Q. I will be travelling to my villa in Spain and staying for a month, will I be covered?
You will be covered for the duration of your stay providing it doesn’t exceed the limit allowed by the insurer. Many polices might only cover you for 31 days at a time before you are required to come back. If you are planning on staying for a long time then it would be better look at long stay travel insurance as an option. Single policies can cover up to 90 days at a time, so it is worth considering that option too.
If you are unsure about anything regarding travel insurance, please call us on 01243 784 000 and we will assist you with your questions.
If you have pre-existing medical conditions to declare, we can compare travel insurance to include these on the policy. Whether you are booking a short European cruise or an action packed three-week trip to Australia, finding the right policy for you is essential.
You can apply online for travel insurance using our online quotation tool, which allows you to manually add all your medical conditions yourself.