Question
My wife and I have recently changed our home and contents insurance to Direct Line's Home Insurance Plus policy. This includes Worldwide annual travel insurance (we are under 65 years old). Is this OK by itself or would we be better to take out separate travel insurance - it looks a good deal but is there a catch?Answer
On the whole the policy (which covers those under 65) looks pretty reasonable. I t covers worldwide travel, including 22 days of winter sports, and the excess payable on claims is only £35 (many policies are £50-£100 or more).
From a quick look at the policy there are a few points to be aware of:
Medical expenses are covered up to £5 million. This should be adequate for almost all eventualities and I must admit I'm not sure in what circumstances you'd incur expenses above this, but some other policies cover £10 million or more so I suppose this should, in theory, give greater peace of mind.
The insurance covers individual trips lasting up to 42 days, with a 120 day limit on total time away during the year. You and your wife will also be covered if you travel independently of each other.
The cancellation cover is a reasonable £5,000, but note you won't be covered in the event of travel being cancelled by an official authority (e.g. volcanic ash clouds).
Your baggage and personal items are covered by the main home insurance policy and not the travel insurance. So I suggest checking exactly how much cover you have to ensure it's adequate.
Unless any of the above points give you cause for concern then the policy (from my cursory look) seems to be worthwhile and will hopefully cover your needs.
My wife and I have recently changed our home and contents insurance to Direct Line's Home Insurance Plus policy. This includes Worldwide annual travel insurance (we are under 65 years old). Is this OK by itself or would we be better to take out separate travel insurance - it looks a good deal but is there a catch?Answer
On the whole the policy (which covers those under 65) looks pretty reasonable. I t covers worldwide travel, including 22 days of winter sports, and the excess payable on claims is only £35 (many policies are £50-£100 or more).
From a quick look at the policy there are a few points to be aware of:
Medical expenses are covered up to £5 million. This should be adequate for almost all eventualities and I must admit I'm not sure in what circumstances you'd incur expenses above this, but some other policies cover £10 million or more so I suppose this should, in theory, give greater peace of mind.
The insurance covers individual trips lasting up to 42 days, with a 120 day limit on total time away during the year. You and your wife will also be covered if you travel independently of each other.
The cancellation cover is a reasonable £5,000, but note you won't be covered in the event of travel being cancelled by an official authority (e.g. volcanic ash clouds).
Your baggage and personal items are covered by the main home insurance policy and not the travel insurance. So I suggest checking exactly how much cover you have to ensure it's adequate.
Unless any of the above points give you cause for concern then the policy (from my cursory look) seems to be worthwhile and will hopefully cover your needs.
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