The first thing to check is that you’re not already covered - perhaps with your bank account?
If not, and you’re planning 2 or more trips within a 12-month period, annual or ‘multi-trip cover’ is usually cheaper. Naturally, this will depend on where you're travelling and for how long – so it pays to compare annual cover against the cost of buying a policy for each trip.
Aside from cost, the other good thing about buying an annual policy is convenience. Because if you end up taking a third trip within the course of a year, you’ll already be covered.
At HSBC, we offer travel insurance in several different ways. In response to the coronavirus pandemic, we no longer offer single and multi-trip travel insurance policies to new customers. However, we provide Worldwide Travel Insurance as one of the options in our multi-cover policy, Select and Cover.
So if you’re looking for travel insurance alongside 2 other types of cover – such as mobile phone insurance or motor breakdown insurance – Select and Cover could make a lot of sense.
According to Which? , it's one of only a few policies that provide ‘complete’ coronavirus cover. This means you're covered if you can't travel due to changes in government advice or because of a lockdown, but not if you travel against government advice. See what's covered.
Select and Cover is available for HSBC UK customers who are registered for online banking. It covers you, your spouse, domestic or civil partner and any dependent children living with you who are under 18 – or under 23 if they’re in full-time education and living at home during the holidays.
The Worldwide Travel option covers up to the age of 70 and is provided by Aviva Insurance Limited.
1 Source: GOV.UK: Foreign travel insurance, July 2020
Back to top