Annual multitrip insurance - 90 days per trip

Spendless_Dosh

Hi, we're planning a longer trip to the states this year and I was looking for some suggestions on insurance companies which provide reasonably priced policies. I've had a quick look and had quotes varying from nearly £300 to over £450.

We're both under 50 but we've got some pre-existing conditions (diabetes & discectomy), in the past standard policies have been fine (up to 31 days) and pricing has been around £125 - £150 including the specific conditions. I wasn't expecting that extending the duration would have such a dramatic difference.

Any help would be greatly appreciated as we're trying to keep the budget for the trip as tight as we can manage.

thanks

visidigi

Adding US to any policy significantly increases the cost based on the additional risk to large bills the companies are exposed to.

Whatever you do make sure you are going through a cashback site such as quidco.com to buy your policy - we renewed ours recently and they paid out 26% cashback on the policy.

Spendless_Dosh

visidigi wrote: »

Adding US to any policy significantly increases the cost based on the additional risk to large bills the companies are exposed to.

Whatever you do make sure you are going through a cashback site such as quidco.com to buy your policy - we renewed ours recently and they paid out 26% cashback on the policy.

Our previous annual policies have always included the US (you never know what might crop up) that's why I was surprised by the large increase being applied by extending the stay period for single trips.

InsideInsurance

For a start, the longer you are there the greater the chance that something happens.

Secondly, the longer you are there then the more chance you decide to get something looked into. For example if you were having a mild/ moderate pain that you've not had before but you were going home in 2 days you may decide to just take it easy and get it looked at when back home. If you have the same pain but have another 80 days of holiday you are more likely to seek medical advice there. In the USA for anything more than a papercut you are likely to have a full body MRI, full bloodworks etc which all cost silly money to your insurers.

Next, annual cover with 90 days per trip are rarer so less competition driving prices down, basic economics.

Finally, you have a more commercial consideration. What sort of people go on 3 month holidays as just one of multiple holidays in the year? Are these people typically very price sensitive or more quality based or?