Colchester-based Agency Underwriting Limited (AUL) has launched a new longstay travel policy. It is aimed at people under 40 who are planning on spending up to 18 months abroad.
Clients can chose from different covers in the two-tier product - Standard Cover which is essentially medical cover with personal liability and passport loss cover included, or Extended Cover which includes insurance for a wider range of eventualities.
Premiums are calculated on a monthly rate, based on the specific destination.
The cover is suitable for a wide range of activities, says AUL, and is suitable for those working abroad.
Managing director Richard Lamberth commented: "Gap years are growing in popularity and this is not just college leavers. Increasingly people are looking at taking a year out from their job, even working abroad temporarily, and as travel insurance specialists we have responded to their insurance needs with an easy-to-understand product."
