Whether you're jetting off on a round-the-world adventure or spending winter in the sun, arrange long stay travel insurance before you go...
What is long stay travel insurance?
Long stay travel insurance provides holiday cover for more than 30 days and can protect you for up to 12 months.
Many standard policies only provide cover for up to a month’s travel, while selected single-trip policies may be able to insure you for up to three months.
Travel insurance for extended trips can protect you for longer, whether you’re enjoying some winter sun in Lanzarote or backpacking in the Australian outback.
LV= travel insurance can cover you for a single trip, lasting up to:
• 366 days if you’re under 65 years of age
• 90 days if you’re between 65 and 79
• 31 days if you’re over 80
Long stay travel insurance could be ideal if you’re:
• Going backpacking, or travelling on a gap year
• Heading on a long cruise holiday
• Taking an extended break in a single destination
What's the difference between long stay travel insurance and annual multi-trip insurance?
Though both policies are very similar, there are a few differences.
Long term travel insurance covers you for one extended trip up to 12 months, including across several destinations. In comparison, annual multi-trip insurance covers you for several individual trips taken over 12 months.
With multi-trip insurance there’s often a time limit attached to a single trip, usually 30 days. After the 30 days have elapsed you need to come back to the UK, otherwise your insurance will expire and you won't be covered. It’s worth noting that if you’re over the age of 80 you have a slightly longer, 31-day limit for a single trip.
This means that:
• Long stay holiday insurance is more suitable if you’re taking an extended trip, where you aren’t planning on returning to the UK within 30 days.
• Annual multi-trip insurance could be better if you know you’ll be travelling back and forth between the UK and abroad on several shorter trips.
LV= annual multi-trip insurance also comes with an option to extend your cover, with Premier annual multi trip-insurance. This means that if you’re under the age of 79, you can opt for 90-day travel insurance on each trip if you’re looking to take an extended break.
What's covered with long stay travel insurance?
Like standard travel insurance policies, long stay travel insurance usually covers you for:
Emergency medical treatment and expenses
Wherever you are in the world, you'll want to know that you can afford to pay for any emergency medical treatment you may need. Long term travel insurance provides cover for unexpected medical bills and will pay for you to get home if you're too unwell to continue your trip.
Many countries expect you to pay some or all of the cost of your care. For instance, if you’re travelling to the US, you must have full cover, as falling ill could result in costly medical bills.
Likewise, if you’re travelling within the EU, you’ll still need to carry your Global Health Insurance Card (GHIC) and have cover, in case you become unwell and need treatment.
Cancellation and curtailment
When you're away on a long trip, there could be a few hiccups with flights and hotels. But if something happens that means you need to cancel or cut short your trip, long stay holiday insurance can ensure you’re not left out of pocket.
If this does happen, your cover should mean you’re able to get some money back for tickets booked and accommodation you’ve paid for but didn’t use.
LV= can offer you up to £5,000 if you have to cancel or cut short a trip due to circumstances that weren’t your fault – such as becoming ill while away. We’ll also cover you for any missed excursions you booked in advance.
Lost, stolen or damaged possessions
If you're moving from place to place every few days, it's easier for things to get lost. Long stay travel cover can insure your valuables up to a set limit.
It’s also helpful if you lose your luggage while you’re travelling or during transit at the airport. Bear in mind there are limits on the value of items covered by a policy:
• £3,000 with a Premier policy – maximum £500 single item limit
• £2,000 with a Standard policy – maximum £300 single item limit
There’s also a £500 limit on money, and you’ll receive a maximum of £300 in cash to cover costs.
Things to consider before buying long stay travel insurance
When taking out travel insurance for long trips, you need to think about a few things that could affect your premium and the sort of cover levels you’ll need.
As you get older, you may need to access medical care more often, which can be costly if you're staying overseas. That's why some companies put an age limit on their long stay travel insurance. We’ve created guides on travelling for different age brackets, to help you plan your insurance and trip:
If you’ve got underlying health conditions, these could affect the premium you pay on travel insurance for extended trips. You’ll need to list these out, before purchasing your cover, so the insurer can confirm what cover is provided for them. Not all illnesses will be covered by a standard policy. But you can find out what pre-existing medical conditions are covered by contacting your insurer before you take out insurance.
Activities you’ll be doing
Part of the fun of being away is trying new things. But if you fancy that bungee jump in New Zealand, make sure your insurance covers you for adventure sports. The same goes for many water sports and even trekking at altitude. The activities covered by travel insurance are usually classified as any of the following:
• Standard – regular sporting activities
• Adventure – sports with a higher level of danger
• Winter sports – optional cover, with some exemptions
Find a list of activities covered with LV=.
Cover for all destinations
It’s also important to check that your insurance covers every country you plan to visit, to guarantee you’re insured wherever you decide to go.
LV= offers worldwide cover that insures you to travel anywhere in the world unless the Foreign and Commonwealth Office advises not to. To help you organise your trip and insurance, you can find a list of areas currently covered.
Get a quote for your travel insurance with LV= today and start planning your next adventure.
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