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Annual travel insurance grows in popularity

 

Recent research by Datamonitor shows that an increasing number of Brits are taking out Annual Travel Insurance. Britons seem to be taking more flights than in any previous year and it seems that concerns about the environment are not such a big priority.

 

Indeed, this trend for increased travel has seen an overall growth in the travel insurance market of 1.4%. The report's author Andrew Haslip commented: "The UK travel insurance market continues to benefit from the desire of the British public to travel abroad."

 

The elevated number of travellers fall into many categories, however many are travelling to see friends and family abroad and others are just not content with one break in a year. Older research shows that a lot of us will take at least 2 trips in a year with a select 11% group stating they will make 5 or more trips in a year.

 

Considering we are becoming a country full of jetsetters it is unsurprising that annual travel insurance is becoming popular. Even if you only take a couple of trips annual travel insurance may prove a better deal.

 

Most annual travel insurance deals will allow you to take as many trips as you like in a year. The advantages of annual cover go beyond the merely financial however convenience is a big factor - get one policy for the whole year and its one less thing to think about every time you leave the country.

 

The table below shows a comparison between some of the top insurance providers. Prior to signing up to any policy you should check that the price and cover are suitable for your need. The table below is only provided as an example of prices.

 

Provider

Europe

Worldwide ex USA

USA

Aus / NZ

Direct Line

£45.39

£63.14

£66.62

£63.14

Halifax

£43.29

£53.14

£61.10

£53.14

Go Travel Insurance

£31.95

£43.95

£43.95

£43.95

Post Office

£36.00

£58.50

£72.00

£58.50

AA Travel Insurance

£39.63

£56.56

£56.56

£56.56

            Price comparison based on 1 person travelling. Prices correct at time of writing.

 

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