LV= has launched two travel insurance products, one providing annual cover and the other for single trips.
Both policies include £10million 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 injured in a terrorist attack whilst overseas.
The policies can also be tailored with optional cover for holidaymakers with more specialist needs:
- Golf trip cover. This package includes cover for golf equipment, delayed arrival of equipment, and loss of green fees.
- Winter sports cover. This package includes cover for ski/snowboarding equipment, piste closure and transport home if there is an avalanche or landslip.
- Business cover. This package includes cover for accessories such as laptops, mobiles phones and PDAs and even the cost of flying out another colleague if the original attendee is unable to undertake the planned work due to illness.
- Wedding cover. This package is for people getting married overseas covering rings, gifts, photos and clothing.
The new policies offer cover for UK, European and worldwide trips for individuals, families and groups of up to 10 travellers.
Cover starts from £6.76 for a seven-day trip in the UK and £15.01 for European cover. Annual policies start from £38.82 for Europe and £74.16 for worldwide cover.
LV= also offers optional cover for travellers with medical conditions.