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Travel Insurance -
Annual cover cheaper than single trip - 01/04/2008 |
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Research conducted by price comparison services has revealed that travelers could save money by choosing annual cover over single trip cover on their travel insurance policy.
The site, moneysupermarket.com, conducted a study revealing that the cheapest annual travel insurance policy with winter sports cover for a family of four is £58, from Flexicover Direct, while the cheapest single-trip policy for the US for two weeks is £73.
"Our research exposes the myth that single trip policies are always cheaper than annual multi-trip cover. It pays to shop around, especially if you are travelling more than once a year," said Peter Gerrard, head of insurance research at moneysupermarket.
"There are obvious savings to be made, especially when winter sports cover is included."
"I strongly advise checking the level of cover on your policy for all sports you may enjoy – especially if you plan to go off-piste," said Mr Gerrard.
"Personal accident and medical cover are also vital, plus cover against loss, theft or damage of costly ski equipment. For more expensive trips such as ski holidays, ensure your cancellation cover meets the cost of the holiday – in some cases the standard £3,000 might not suffice."
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