Travel insurance cover high value trip

cook22uk

Having problem finding travel policy with higher cancellation than £10k per person for trip of a lifetime-tried brokers on BIBA website. Any suggestions welcome. 

silvercar

Just google 'high value travel insurance', I just searched it and the first result after the adverts will cover up to £500k.

DullGreyGuy

Even basic providers like StaySure and InsureandGo cover up to £10k pp on their top tier product without having to go to specialist brokers.

SiliconChip

DullGreyGuy said:

Even basic providers like StaySure and InsureandGo cover up to £10k pp on their top tier product without having to go to specialist brokers.

But the OP wants cover of more than £10K per person so that doesn't really help.

DullGreyGuy

SiliconChip said:

DullGreyGuy said:

Even basic providers like StaySure and InsureandGo cover up to £10k pp on their top tier product without having to go to specialist brokers.

But the OP wants cover of more than £10K per person so that doesn't really help.

Ok, I misread but also one of those times where the OP doesn't provide enough information... if it £10,010 they need, save the money of specialist policies and consider the £10 an extra bit of excess, if its £100,000 then yes go to a specialist broker. Depending where between the two it is will dictate if there are any standard options with an "Black" / "Diamond" or some other type of monica that goes up to a high enough limit.

silvercar

DullGreyGuy said:

SiliconChip said:

DullGreyGuy said:

Even basic providers like StaySure and InsureandGo cover up to £10k pp on their top tier product without having to go to specialist brokers.

But the OP wants cover of more than £10K per person so that doesn't really help.

Ok, I misread but also one of those times where the OP doesn't provide enough information... if it £10,010 they need, save the money of specialist policies and consider the £10 an extra bit of excess, if its £100,000 then yes go to a specialist broker. Depending where between the two it is will dictate if there are any standard options with an "Black" / "Diamond" or some other type of monica that goes up to a high enough limit.

You need to check the t&c’s carefully. Some insurers may not offer insurance at all for high value holidays. It may be that the risk profile, either of the holiday maker, or of the sort of holiday that costs that much is something, the insurer doesn’t want to take on. 

stormCat99

We've just had the same issue as we needed £35k of cover. Thankfully we found a top up cover option that is highly recommended on the Antarctica forums.  You buy your main cover, then the top up cover separately.  The top up cover pays put if the main insurer pays out.

https://www.pjhayman.com/products/top-up-my-cancellation-cover/

frankie

when I got a quote from that top up insurance they wanted £3700 to top up to £15K each. That gave us a total cover of £20K each with the existing insurer covering £5K each for annual ww.  Didn't look a good deal to me so I am still looking.  Being in our mid 70s does provide a challenge!!

DullGreyGuy

Have you looked at the cost of a higher single trip limit, even if not the full £20k and then a lower top-up cover to get to the full amount?

frankie

The top up insurance is only available for a single trip regardless of the type of insurance you are topping up.