travel insurance

These two policy types are fairly self-explanatory. Single-trip travel insurance covers you for one specific holiday. Buying annual travel insurance (also known as ‘multi-trip travel insurance’) covers you for several holidays over the course of the year and can offer large savings in comparison to booking single-trip insurance every time you travel – they usually only cost about two-and-a-half times the price of a week’s cover. .

Annual travel insurance also offers a convenience factor - you only have to book once for the year rather than messing around with travel insurance each time – especially useful for those who tend to be forgetful. One thing to be wary of however, is the number of days the policy will cover you for. In some cases this is unlimited, but some policies only cover you for 21, 35, or 45 day individual trip lengths.

An annual policy covers you for one year from the start date you choose – so be sure to choose that date carefully. It might seem obvious to just choose the first day you plan to travel, however cancellation cover will only begin from this start date, so think ahead - you may prefer to choose the date you booked the holiday instead.