Insurer offers medical cover of up to £10.
LV= has launched a new travel policy that includes medical cover for up to £10m.
John O’Roarke, managing director of LV= general insurance, said the medical benefit is key because many travellers with health conditions struggle to get travel insurance.
He said: “Our cover will be very competitive for those travellers. For example, the premium for a 40-year-old man with high blood pressure travelling to Spain for two weeks would be £17.91.
“Cover for a 60-year-old woman with diabetes travelling to the US for two weeks would cost £64.93, and cover for a 20-year-old woman with asthma going to the Canaries for 10 days would be £43.48.”
The new policy offers annual or single trip cover. Both options include £10m medical cover, £2,500 personal possessions cover, £500 for loss of money, £5,000 for cancellation and £250 delay cover.
Other standard elements include personal accident cover, missed departure compensation, cover for loss of passport, and up to £25,000 legal expenses. The policy will also cover travellers if they are injured in a terrorist attack while overseas.
Cover starts from £6.76 for a seven-day trip in the UK and £15.01 for Europe. Annual policies start from £38.82 for Europe and £74.16 for worldwide.