Annual Cover Can Be More Cost Effective For Travellers
For the several thousand holiday goers, who will be jetting off on a ski trip over the winter season, taking out a travel insurance policy has been highlighted as a must have item for their adventures.
But for who wish to make the most of their ski trips and travel policies, while also making it cost effective may benefit from taking out an annual travel cover.
According to research from an insurance website, Britons who are travelling long haul to their winter holiday destinations would be better off by opting for an annual travel insurance policy, which usually offers similar or better cover than single-trip cover, offering more peace of mind for less cost.
Cost-effective annual policies may be better Andy Leadbetter, the managing director of insurance at the insurance website said: "when it comes to insurance it's worth questioning what sort of traveller you are.
If you're likely to take several trips to Europe within 12 months then an annual policy of course makes sense.
However, even if you're only planning one trip further afield, worldwide annual multi-trip insurance is the better option and you don't even have to scrimp on the level of cover you receive.
He continued: "As we hurtle headlong into ski season I strongly stress the importance of checking the small print on your policy for all winter sports you intend to do, especially if you plan to go off-piste.
" "Medical treatment can be extremely costly whilst abroad and so medical expenses and personal accident cover are a vital part of your policy.
Cancellation cover is also crucial and must meet the cost of your holiday; for example, £1,500 of cancellation cover may not even be enough to cover flights alone if you are flying further afield for a snowy adventure.
He concluded by advising skiers to: "Always check you have adequate cover for loss, theft or damage to your possessions to avoid spoiling your winter getaway.
" A family of fun-seekers heading to the US, for example, could save with an annual travel insurance policy at £60, compared to the cost of single-trip cover for the family, which can come at a cost of at least £76, meaning that the family could save a minimum of 27 per cent.
Extreme cover for extreme sports However, this doesn't apply to Britons who are hitting the slopes a bit closer to home.
The insurance website found, when a single-trip travel insurance policy proves to be the cheapest option.
The insurance website provided some staggering recommendations about the sort of finances that winter sports travellers should have in case of any predicaments.
Skiers were told to ensure they have at least £2million, cover provided for medical expenses, £1million personal liability cover, sufficient cancellation protection to cover the cost of the holiday, £1,500 baggage cover, and £250 cover for cash.
Recent research indicated that as much as 20 per cent of skiers would go skiing without travel insurance to cover their journey or themselves, while they are away.
Skiing and other extreme activities such as snowboarding, which are considered extreme sports can be covered, by winter sports travel insurance, which are policies that provide cover, specifically for ski holidays and can make a big difference to the safety and wellbeing, not only to the skier but to their finances also.
But for who wish to make the most of their ski trips and travel policies, while also making it cost effective may benefit from taking out an annual travel cover.
According to research from an insurance website, Britons who are travelling long haul to their winter holiday destinations would be better off by opting for an annual travel insurance policy, which usually offers similar or better cover than single-trip cover, offering more peace of mind for less cost.
Cost-effective annual policies may be better Andy Leadbetter, the managing director of insurance at the insurance website said: "when it comes to insurance it's worth questioning what sort of traveller you are.
If you're likely to take several trips to Europe within 12 months then an annual policy of course makes sense.
However, even if you're only planning one trip further afield, worldwide annual multi-trip insurance is the better option and you don't even have to scrimp on the level of cover you receive.
He continued: "As we hurtle headlong into ski season I strongly stress the importance of checking the small print on your policy for all winter sports you intend to do, especially if you plan to go off-piste.
" "Medical treatment can be extremely costly whilst abroad and so medical expenses and personal accident cover are a vital part of your policy.
Cancellation cover is also crucial and must meet the cost of your holiday; for example, £1,500 of cancellation cover may not even be enough to cover flights alone if you are flying further afield for a snowy adventure.
He concluded by advising skiers to: "Always check you have adequate cover for loss, theft or damage to your possessions to avoid spoiling your winter getaway.
" A family of fun-seekers heading to the US, for example, could save with an annual travel insurance policy at £60, compared to the cost of single-trip cover for the family, which can come at a cost of at least £76, meaning that the family could save a minimum of 27 per cent.
Extreme cover for extreme sports However, this doesn't apply to Britons who are hitting the slopes a bit closer to home.
The insurance website found, when a single-trip travel insurance policy proves to be the cheapest option.
The insurance website provided some staggering recommendations about the sort of finances that winter sports travellers should have in case of any predicaments.
Skiers were told to ensure they have at least £2million, cover provided for medical expenses, £1million personal liability cover, sufficient cancellation protection to cover the cost of the holiday, £1,500 baggage cover, and £250 cover for cash.
Recent research indicated that as much as 20 per cent of skiers would go skiing without travel insurance to cover their journey or themselves, while they are away.
Skiing and other extreme activities such as snowboarding, which are considered extreme sports can be covered, by winter sports travel insurance, which are policies that provide cover, specifically for ski holidays and can make a big difference to the safety and wellbeing, not only to the skier but to their finances also.
