Travel insurer Preferential Direct is targeting old sea dogs.

The move follows a survey that found a 34% increase in customers over 55 years old seeking cover for sailing in the past year.

Annual multi-trip prices start from £55 per person for cover in Europe and £99 per person for worldwide cover and will include cover for sailing within territorial waters.

The policy has no automatic additional premiums for those over 65 years old and includes up to £10m medical cover, up to £5,000 cancellation and curtailment cover and up to £100,000 personal accident cover.

For customers wishing to sail outside territorial waters, Preferential Direct can also provide travel insurance for an additional premium of £27.50 per person.

However this cover is only relevant to qualified sailors and can be added to annual multi-trip policies.