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Insurance Premiums
Kev3916
Posts: 4 Newbie
Nice to know that I still have ‘Covid’ cover for any travel booked before 13 March if I renew with Virgin Money. Shame the premium has almost doubled (£251.70 from £130.16) - they seem to have me over a barrel here!
0
Comments
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But in the height of a global pandemic the insurance company is far more exposed as Covid is still a substantial risk. All insurance is risk based, so the insurers are mitigating their risk with their premiums.
I've seen reports that some insurers are selling new policies that cover Covid-19, so as ever it might be worth shopping around.1 -
But it still only covers Covid for bookings made before 13 March, so there is no extra risk for them after that.0
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