American Express is offering a discount for buying annual travel insurance online.
Ways of cutting down travel insurance costs:
If you are planning more than one holiday within a year, a multi-trip policy could be most cost effective
Annual multi-trip policies can also cover your business trips as well as holiday travel for children (up to the age of 18 or 21) travelling independently
If you are only planning to travel to Europe don't take out worldwide policy - this will reduce the cost
Always try to buy online, as this is a way of making further savings as most providers offer online discounts
Travel insurance: News update: 28 July 2009