Buying cover for each individual holiday can cost much more. In fact, you should avoid taking the travel insurance offered by tour operators, as this is usually very expensive. There are better deals both on the High Street and from specialist insurers. The Research Department has a list of best buy annual family policies, judged on quality of cover compared to price. Tourist currency rates Policy details YOU save still more money by choosing an annual policy which covers family members when they travel individually as well as with the family.
Insurers also differ on their definition of children, who are cheaper to insure.
Some of your holiday luggage could already have worldwide cover under the 'all risks' section of your household policy. Carrying an E-111 form, available from post offices, entitles you to free or cheaper emergency medical treatment in all EU countries and several others round the world. Although it won't necessarily reduce your premium, some insurers might waive the excess on your claim if you can prove you used the E-111 form. There's no point being under-insured. Older people and those with medical conditions will probably have to pay more for insurance as they are considered to be more at risk of falling ill abroad.