Travel insurance cover high value trip

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. 

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  • silvercar
    silvercar Posts: 46,715
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    edited 24 October 2023 at 10:56AM
    Just google 'high value travel insurance', I just searched it and the first result after the adverts will cover up to £500k.
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  • DullGreyGuy
    DullGreyGuy Posts: 8,907
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    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
    SiliconChip Posts: 1,255
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    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
    DullGreyGuy Posts: 8,907
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    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
    silvercar Posts: 46,715
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    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. 
    I'm a Forum Ambassador on The Coronavirus Boards as well as the housing, mortgages and student money saving boards. I volunteer to help get your forum questions answered and keep the forum running smoothly. Forum Ambassadors are not moderators and don't read every post. If you spot an illegal or inappropriate post then please report it to [email protected] (it's not part of my role to deal with this). Any views are mine and not the official line of MoneySavingExpert.com.
  • boots_babe
    boots_babe Posts: 3,222
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    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
    frankie Posts: 842
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    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
    DullGreyGuy Posts: 8,907
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    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
    frankie Posts: 842
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    The top up insurance is only available for a single trip regardless of the type of insurance you are topping up.
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