Travel Insurance: Why is annual so much cheaper than single trip??

Legacy_user

Hey guys, I'm going abroad for 5 months. Slightly confused by travel insurance options.

Travel insurance quote for single trip of 5 months to China is £270.

Whereas annual worldwide multi trip insurance quotes is £26.

Why is there such a price difference? Am I missing something here?

zagfles

Annual multi-trip usually has a limit for each trip eg 30 days, 90 days. Check the T&Cs

jonesMUFCforever

Have to agree with Zagfles - there is no way you will get 5 months cover for £26.

Gloomendoom

Some firms do up to 45 days away with annual worldwide cover. I checked the price the other day for my wife and I as a couple. I think £90 was the cheapest.

Mr_Wang

Have you tried Travelsupermarket?

I got 4 months for a family of 3 for about £100.

System

Mr_Wang wrote: »

Have you tried Travelsupermarket?

I got 4 months for a family of 3 for about £100.

Which country was this for? I will try now, thanks for the tip.

edit: cheapest £150 for 5 months

Mr_Wang

candyflossing wrote: »

Which country was this for? I will try now, thanks for the tip.

Various, China included.

Heres the link:

http://www.travelsupermarket.com/

Just seen your edit - £150 is a lot better than £270

System

Yes thanks a lot for the tip!

Tomby1

£150 still seems expensive if that's the cheapest you have found. Is that the cheapest you've found, or the best value? (e.g. minimal excess, better cover)

System

Tomby1 wrote: »

£150 still seems expensive if that's the cheapest you have found. Is that the cheapest you've found, or the best value? (e.g. minimal excess, better cover)

Cheapest I've found. 5 months. China. Single person.

actually, just tried compare the market and got £131 as cheapest.

Will give some more comparison websites a go...

luci

Make sure you know what you are covered for using the comparisons sites. They usually trim back the cover to exclude baggage, have a high excess, etc just so they appear at the top.