I have just paid for a once in a life time holiday. On checking my annual travel insurance policy I have discovered the cancellation fee would not even cover HALF of what I have paid out for the holiday.
So I rang my insurance company to up the premium but was told "that is the maxium pay out on any of our policies".
Next, I contacted the company that sold me the holidayto buy new insurance and although their cancellation payout is a little more, they can see it does not cover the amount I have already given them.
This is not an age or health issue. Now adays lots of holidays cost many thousands of pounds but how many people are aware of this major flaw in insurance policies?
Can anyone recommend a travel insurance policy with realistic cancellation cover please? I have no reason to suspect I need it but you never know.