who underwrites tsb travel insurance

Tesco Bank launches Travel Insurance

23 March 2021

• Travel added to Tesco Bank’s award-winning insurance range that includes Pet, Home and Car
• Protection against Covid-19 related disruption as standard
• Three levels of Defaqto-rated cover are available, as well as optional extras and add-ons
• Tesco Clubcard points and a discount are available to Tesco Clubcard members

Tesco Bank has expanded its offering to customers with the launch of travel insurance.

Tesco Bank Travel Insurance will include Covid-19 cover as standard, to help protect customers who test positive and experience Covid-19 related disruption, either before or during their trip.

Three tiers of cover are available to suit a range of customer needs, offering different levels of protection for travel and belongings.  All policies come with core features that include cover for medical expenses, trip cancellation or delays, and lost or stolen baggage or money.

Customers can also tailor their policy with a range of helpful optional extras and add-ons, such as gadget protection and Winter Sports Cover.

Two specialist products are available aimed at backpacker travellers and customers aged over 80.

Policyholders will enjoy helpful rewards, including the ability for children under 16 to be covered for free on single and annual multi trip policies and the chance to save money on their travel insurance when they buy Tesco Travel Money first. Tesco Clubcard members who buy direct can save 5% and collect Clubcard points when they provide their Clubcard number.

Mark Airey, Tesco Bank’s Insurance Commercial Director, said:

“We’re proud to expand our award-winning insurance offering to Tesco shoppers with the addition of Tesco Bank Travel Insurance.

“We appreciate that the immediate outlook for travel remains uncertain, however the need for travel insurance is greater than ever – whether holidaying in the UK or abroad.  Offering Covid-19 protection as standard helps to give customers peace of mind they are protected should they test positive, and they have to cancel or cut short their trip.

“With a range of cover levels available to Tesco shoppers, we’re confident customers will find a policy that suits them and their holiday once travel at home and abroad is permitted.”

Tesco Bank has partnered with ROCK Insurance Group to manage the scheme, while ROCK has selected Axa Partners to provide underwriting, claims handling and medical assistance services.

Antony Martin, Managing Director at Rock Insurance Group said : “We are incredibly excited to be partnering with Tesco Bank to launch travel insurance to its customers. ROCK is providing Tesco Bank’s customers with a wide range of travel insurance products and services that are available online or via a dedicated call centre, meaning that more people will be protected and have the confidence to travel as soon as restrictions have eased.”

Paul Moloney, Sales Director at AXA Partners said : “We’re delighted to announce our new partnership with Tesco Bank to provide underwriting and other services for its new travel insurance proposition.

“It is our duty as insurers to safeguard customers’ trust; implementing solutions that provide assurance and protect what matters. We very much look forward to providing Tesco Bank customers with quality travel insurance cover both now, and when we are free of this pandemic.”

Tesco Bank Travel Insurance can be purchased by visiting https://www.tescobank.com/travel-insurance/  

Notes to editors

• Tesco Bank Travel Insurance is arranged and administered by Rock Insurance Services Limited and underwritten by Inter Partner Assistance S.A. UK Branch.
• Monetary limits, excesses and exclusions apply to cover.
• Covid-19 cover includes cancellation if you fall ill with Covid-19, medical claims whilst travelling, and curtailment (if you need to come home early) due to the illness of a close relative due to COVID-19 We don’t include cover for cancellation where the Foreign, Commonwealth & Development Office and local authorities advise against travel.
• Cover can be purchased on a single trip or annual basis and will be available to individuals, couples, families and groups of up to 12.
• Backpacker insurance is aimed primarily at travellers looking for cover for trips longer than three months or a variety of destinations, while the Later Life policy is designed for customers over 80 years old who may find it difficult to obtain cover due to pre-existing health conditions.

• Accessibility statement [Accesskey '0'] Go to Accessibility statement
• Skip to Content [Accesskey 'S'] Skip to main content
• Skip to site Navigation [Accesskey 'N'] Go to Navigation
• Go to Home page [Accesskey '1'] Go to Home page
• Go to Sitemap [Accesskey '2'] Go to Sitemap
• Private Banking
• International Banking
• Lloyds Bank Logo

Everyday banking

Online services & more

How to get online

• Set up the Mobile Banking app
• Register for Internet Banking
• Log on to Internet Banking
• Reset your logon details

Mobile Banking app

• Setting up our app
• App notifications

Profile & settings

• Change your telephone number
• Change your address
• Open Banking

Card & PIN services

• View your card details
• Report your card lost or stolen
• Order a replacement card
• View your PIN
• Payments & transfers
• Daily payment limits
• Pay someone new
• Cancel a Direct Debit
• Pay in a cheque
• Send money outside the UK

Statements & transactions

• See upcoming payments
• Search transactions
• Download statements

Help & security

We're here for you

Fraud & security

• Latest scams
• Lost or stolen card
• Unrecognised transactions

Money management

• Understanding credit
• Managing someone's affairs
• Financial planning
• Personal Tax Services

Banking near you

Life events

• Buying a home
• Getting married
• Family finances
• Separation & divorce
• Bereavement

Difficult times

• Money worries
• Mental health support
• Financial abuse
• Serious illness

Customer support

• Support & wellbeing
• Banking online
• Accessibility & disability
• Banking with us
• Feedback & complaints
• Current accounts

Accounts & services

• Club Lloyds Account
• Classic Account

Silver Account

• Club Lloyds Silver Account
• Platinum Account
• Club Lloyds Platinum Account
• Youth & student accounts
• Joint accounts

Travel services

• Using your card abroad
• Travel money

Features & support

• Switching to Lloyds Bank
• Everyday Offers
• Rates & charges
• Save the Change
• Current account help & guidance
• Mobile device trade in service

Already bank with us?

Existing customers

• Upgrade options
• Mobile banking

Club Lloyds

The current account with exclusive benefits. A £3 monthly fee may apply.

Cards, loans & car finance

Credit cards

• Credit card eligibility checker
• Balance transfer credit cards
• Large purchase credit cards
• Everyday spending credit cards
• World Elite Mastercard ®
• Cashback credit card
• Loan calculator
• Debt consolidation loans
• Home improvement loans
• Holiday loans
• Wedding loans

Car finance

• Car finance calculator
• Car finance options
• Car refinance
• Car leasing
• Credit cards help & guidance
• Loans help & guidance
• Car finance help & guidance
• Borrowing options

Already borrowing with us?

• Existing credit card customers
• Existing loan customers
• Existing car finance customers

Your Credit Score

Thinking about applying for credit? Check Your Credit Score for free, with no impact on your credit file.

Accounts & calculators

• First time buyer mortgages
• Moving home
• Remortgage to us
• Existing Lloyds Bank mortgage customers
• Buying to let
• Equity release

Mortgage calculators & tools

• Mortgage calculator
• Remortgage calculator
• Get an agreement in principle
• Base rate change calculator
• Overpayment calculator
• Mortgage help & guidance
• Club Lloyds offer
• Eco Home offers
• Mortgage protection

Already with us?

• Manage your mortgage
• Switch to a new deal
• Borrow more
• Switch deal & borrow more
• Help with your payments
• Learn about Home Wise
• Your interest only mortgage

Club Lloyds mortgage offer

Our Club Lloyds customers could be eligible for an exclusive discount on their initial mortgage rate.

Accounts & ISAs

Savings accounts

• Instant access savings accounts
• Fixed rate savings accounts
• Club Lloyds savings account
• Children's savings accounts
• Joint savings accounts
• Compare savings accounts
• Compare cash ISAs
• Help to Buy ISA
• Stocks & Shares ISA
• Investment ISA
• Savings calculator
• Save the Change®
• Savings help and guidance
• ISAs explained
• Savings interest rates

Already saving with us?

• Top up your ISA
• Transfer your ISA
• Tax on savings interest
• Your personal savings allowance
• Your ISA allowance

Club Lloyds Monthly Saver

Exclusive savings rate with our Club Lloyds current accounts.

Pensions & investments

• Compare investing options
• Share Dealing ISA
• Share Dealing Account
• Invest Wise Accounts (18 - 25 year olds)
• Ready-Made Investments

ETF Quicklist

• Introducing our ETF Quicklist
• View our ETF Quicklist

Guides and support

• Understanding investing
• Research the market
• Investing help and guidance
• Transfer your investments
• Trading Support
• ETF Academy
• Our Charges

Pensions and retirement

• Ready-Made Pension
• Combining your pensions
• Pension calculator
• Self-employed
• Pensions explained
• Top 10 pension tips
• Retirement options
• Existing Ready-Made Pension customers

Wealth management

• Is advice right for you?
• Benefits of financial advice
• Services we offer
• Cost of advice

Already investing with us?

• Log on to Share Dealing

Introducing the new Ready-Made Pension

A simple, smart and easy way to save for your retirement.

Show me how

Home, life & car

View all insurance products

Home insurance

• Get a home insurance quote
• Compare home insurance
• Buildings & contents insurance
• Contents insurance
• Buildings insurance
• Retrieve a home insurance quote
• Home insurance help & guidance
• Manage your home insurance policy

Car insurance

• Compare car insurance
• Car insurance help & guidance
• Log on to My Account to manage your car insurance

Life insurance

• Critical illness cover
• Mortgage protection insurance
• Life cover help & guidance

Other insurance

• Business insurance
• Van insurance
• Landlord insurance
• Make a home insurance claim
• Make a life insurance claim
• Make a car insurance claim

Already insured with us?

Support for existing customers

• Help with your existing home insurance
• Help with your existing life insurance
• Help with your existing car insurance

Get up to £100 cashback

Take care of what you value most, and we'll take care of you - a cashback reward with our range of insurance products: home, motor and life. T&Cs apply.

• Help & Support
• Branch Finder
• Accessibility and disability
• Search Close Close

Internet Banking

Keep me secure

• Packaged Bank Accounts
• Travel Insurance

Packaged Bank Account Travel Insurance

Have peace of mind when you're on holiday with travel insurance that covers you.

About Travel Insurance as part of Packaged Bank Accounts

Travel Insurance, administered by AWP Assistance UK Ltd (trading as Allianz Assistance) and underwritten by AWP P&C SA, is just one of the insurance benefits that come with our Packaged Bank Accounts . Our Silver & Platinum Accounts are packed with benefits including Family travel insurance, AA Breakdown Family Cover and mobile phone insurance for a monthly fee to maintain the account.

Travel Insurance is also a benefit on the Premier , and  Gold  accounts however these are no longer available to new customers.

If you’re a Platinum, Premier, Gold or Silver account customer, please read our FAQs (PDF, 145KB) for more information about the travel insurance which comes with your account and COVID-19. You can also visit our payment disputes page , for help if your travel has been disrupted.

Compare accounts

How do I make a claim?

You can log your claim online using the Allianz Assistance Hub that can be securely accessed through your mobile banking app or by using Internet Banking. You can also make a claim by calling Allianz Assistance on  +44 (0)345 850 5300 .

Eligibility for each account

I have a silver account expandable section.

If you have a Silver Account the account comes with European Travel Insurance for you and your family (if eligible) including Winter Sports. This insurance policy is administered by AWP Assitance UK Ltd (trading as Allianz Assitance) and underwritten by AWP P&C SA.

Am I eligible for cover?

• All cover under the policy stops on the account holders 65th birthday - as long as the account holder is under 65, their spouse, civil partner or partner will be covered until they reach 65 years of age.
• Children must be 18 or under, or 24 or under if they're in full time education and must travel with the account holder, their spouse, partner, civil partner or a responsible adult. There's cover for a dependent child where they are staying with a responsible adult even if they were not accompanied during their travel to the destination.
• Subject to continued eligibility, you and your family are covered for travel within Europe as long as your Silver account is open.
• Keep in mind the cover is provided only if you will be living in the United Kingdom for at least six months during each 12 month period where all trips must start and end.

Medical conditions that you or your family have (or have had), which are not all on the ‘No Screen Conditions’ list in your policy document are not covered by this policy. To see if these can be covered you must call the insurer declaring all medical conditions, including those on the list and an extra cost may apply.  Before you book a trip you also need to let the insurer know of any new conditions or changes to existing ones. Please refer to the Silver welcome pack (PDF, 1.7MB) for full details of any exclusions.

Once your account has been opened should you wish to notify the insurer of any medical conditions please call the number below.

• Silver Account:  0345 603 1839

Lines are open 24/7.

Not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to an advisor for more information.

I have a Gold, Platinum or Premier Account expandable section

If you have a Gold, Platinum or Premier Account,  the account comes with Worldwide Travel Insurance for you and your family (if eligible) including Winter Sports. This insurance policy is administered by AWP Assistance UK Ltd (trading as Allianz Assistance) and underwritten by AWP P&C SA.

• All cover under the policy stops on the account holders 80th birthday - as long as the account holder is under 80, their spouse, civil partner or partner will be covered until they reach 80 years of age.
• Subject to continued eligibility, you and your family are covered for worldwide travel as long as your Lloyds Bank Gold, Platinum or Premier account is open.
• Keep in mind there is only cover for losses suffered whilst you are a UK, Channel Islands or Isle of Man resident and are registered with a Doctor in the UK where all trips must start and end.

Medical conditions that you or your family have (or have had), which are not all on the ‘No Screen Conditions’ list in your policy document are not covered by this policy. To see if these can be covered you must call the insurer declaring all medical conditions, including those on the list and an extra cost may apply. Before you book a trip you also need to let the insurer know of any new conditions or changes to existing ones. Please refer to the relevant policy document for full details of any exclusions.

Once your account has been opened should you wish to notify the insurer of any medical conditions please call the appropriate number below.

• Gold Account:  0345 850 5056
• Platinum Account:  0345 850 5300
• Premier Account:  0345 604 0440

What does my insurance come with?

• Multi-trip  European  travel cover for you and your family (includes, if eligible, your spouse, civil partner or partner and children)
• Includes golf cover and cover for certain sports and leisure activities
• Covers UK leisure travel when two or more nights' accommodation is pre-booked (five nights for business trips)
• There's cover for you or someone covered under the policy if a booked trip needs to be cancelled because either you or they, or a companion you are travelling with is asked to quarantine on an individual basis because of exposure to a contagious disease
• Emergency medical cover (up to £10,000,000)
• Cancellation or curtailment cover (up to £5,000)
• Personal accident cover (up to £30,000)
• Baggage cover (up to £2,500, £500 of which for valuables)
• Travel disruption cover (up to £5,000)

Important note :

• The standard maximum trip duration is 31 consecutive days
• For Winter Sports maximum 31 days cover in any calendar year
• £75 excess per adult per incident may apply
• Other exclusions apply, see policy documents

Gold, Platinum and Premier Accounts

• Multi-trip  Worldwide  travel cover for you and your family (includes, if eligible, your spouse, civil partner or partner and children)
• The standard maximum trip duration is 31 consecutive days - unless you are a Premier account holder, which is 62 consecutive days
• Gold and Premier accounts unavailable to new customers

Policy documents expandable section

• Silver Account Welcome Pack opens in a new window (pdf, 2.1 MB)
• Gold Account Welcome Pack opens in a new window (pdf, 1.3 MB)
• Platinum Account Welcome Pack opens in a new window (pdf, 2.6 MB)
• Premier Account Welcome Pack opens in a new window (pdf, 1.4 MB)

Important and emergency telephone numbers expandable section

You can find out more information about your travel insurance, or make a claim using the appropriate membership numbers below.

• Silver Account: 0345 603 1839
• Gold Account: 0345 850 5056
• Platinum Account: 0345 850 5300
• Premier Account: 0345 604 0440

Lines are open 24/7. Not all Telephone Banking services are available 24 hours a day, seven days a week. Please speak to an advisor for more information.

24-hour assistance helpline (outside the UK):   +44 (0)208 239 4010 .

Packaged Bank Account benefits

Explore the other benefits of a Packaged Bank Account. Our Silver & Platinum Accounts include Family travel insurance, AA Breakdown Family Cover and mobile phone insurance for a monthly fee to maintain the account.

Mobile phone insurance

AA Breakdown Family Cover

Existing customer?

Manage your account  Find out how to manage your account, from reporting a card lost or stolen to things you can do online

Upgrade now  Want to upgrade your existing account? Why not take a look at the other accounts we offer

Change account  Change an existing current account with us by logging in

Help and guidance  Useful guides on how to use our secure Mobile Banking app and Internet Banking services

Financial Services Compensation Scheme

• Find out more

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

We may monitor or record telephone calls to check out your instructions correctly and to help us improve the quality of our service. Calls from abroad are charged according to the telephone service provider’s published tariff. Not all Telephone Banking services are available 24 hours a day, 7 days a week. Please speak to an adviser for more information.

Quick Quote

• Airline Travel Insurance Review
• Country Travel Health Insurance
• Country Traveler Information
• Cruise Company Insurance Review
• Insurance Carrier Review
• Travel Company Insurance Review
• City Guides

Travel Insurance Underwriters

When shopping for travel insurance, you’ll see the term “underwriter” when reviewing a policy and may wonder “what is an ‘underwriter’ and what does it do?”

In this article, we’ll discuss the role of the underwriter, why they are a necessary part of travel insurance and which companies are currently considered to be the best in the business.

What Is an Underwriter?

All forms of insurance have underwriters – from home and auto to travel insurance. The role of the underwriter, which can be a person or a company, is to evaluate the risks associated with providing insurance coverage for benefits covered in the policy. For travel insurance, the underwriter looks at the risks to cover travel-related events, like trip cancellation, medical emergencies, lost luggage, etc.

Underwriters use actuarial and statistical data to determine the likelihood of a claim for events covered in the policy and what the potential cost of the claim would be. Factors in the data can include the number of claims broken down by traveler age, state of residence, trip cost, destination etc. Based on this analysis, the underwriter sets the premium rates for the insurance policy and decides whether to offer coverage to the traveler.

Reputable underwriters will have higher financial stability, as shown by their A.M. Best rating, and more importantly, may be more likely to approve claims.

If a claim is made, the underwriter will assess the validity of the claim and decide whether to pay the claim and how much to pay out.

In other words, the underwriter’s role is to evaluate and manage the risk associated with insuring travelers, and to ensure that the policy provides adequate coverage.

Who are some of the key players currently in the travel insurance underwriting industry?

National Union Fire Insurance Company of Pittsburgh, PA

National Union Fire Insurance Company of Pittsburgh, PA is a global insurance company with over a century of experience. Founded in 1901, they offer a wide range of insurance products and services, including property and casualty, professional and cyber liability in addition to travel insurance. The company is a division of American International Group Inc. (AIG).

A.M. Best has given the rating of “A” (Excellent) to National Union Fire Insurance.

National Union Fire Insurance underwrites policies for  AIG Travel Guard , which is owned by American International Group Inc.

BCS Insurance Company

The BCS Insurance Group consists of BCS Insurance Company (BCSI) and 4 Ever Life Insurance Company, along with parent company BCS Financial Corporation. They have more than 70 years of experience in multiple insurance lines including property and casualty insurance, employee benefits, professional liability, and commercial products in addition to travel insurance. BCS Financial is headquartered in Oakbrook Terrace, Ill.

BCS Insurance Group offers insurance and reinsurance to Blue Cross and Blue Shield Plans, their customers, and agents, and market specialized products for selected commercial insurance markets.

A.M. Best has given the rating of “A-” (Excellent) to BCS Insurance.

BCSI holds licenses in all 50 states and is an underwriter for Allianz Global Assistance .

Arch Insurance Company

Arch Insurance Company is a global provider of specialized risk solutions for clients across a wide range of industries, including travel insurance.

Arch Capital Group Ltd. (Arch Capital or ACGL), a Bermuda-based company, writes insurance, reinsurance and mortgage insurance worldwide with a focus on specialty lines. The company operates in North America, Europe, Bermuda, and Australia.

A.M. Best has given the rating of “A+” (Superior) to Arch Insurance.

Arch Insurance Company is the underwriter for and owner of  RoamRight travel insurance.

Nationwide Insurance

Nationwide Insurance is a diversified insurance and financial services business located in Columbus, Ohio. Nationwide Insurance offers a comprehensive range of products and services, including insurance for cars, homes, businesses, farms, and life, as well as retirement plans, annuities, mutual funds, and various other specialty products such as pet, motorcycle, boat, and travel insurance.

A.M. Best has given the rating of “A+” (Superior) to Nationwide.

Nationwide Insurance underwrites for  Trawick International  and  AXA travel Insurance.

Berkshire Hathaway Specialty Insurance Company (BHSI)

Berkshire Hathaway Specialty Insurance Company (BHSI), is a commercial insurance provider that includes GEICO, Forest River RVs, Ben Bridge and Helzberg Jewelers, See’s Candies and Dairy Queen among others.

BHSI has grown steadily, expanding into new territories and product lines. With exceptional financial strength the company is able to remain flexible to changing conditions.

A.M. Best has given the rating of “A++” (Superior) to Berkshire Hathaway.

BHSI underwrites for Berkshire Hathaway Travel Protection and Travelex.

Generali U.S. Branch, New York, NY

Based in New York, Generali U.S. Branch is the U.S. representative office of Assicurazioni Generali, S.p.A., an Italian multinational insurance company. Generali is in 50 countries and recently celebrated their 120 th anniversary in 2021.

They specialize in various insurance industries such as Property & Casualty insurance, Life insurance, Art insurance as well as Accident & Health insurance.

The U.S. Branch is licensed as a domestic insurance/reinsurance company in all 50 states and territories for all major business lines. The company offers underwriting services for various business lines, including travel insurance.

A.M. Best has given the rating of “A” (Excellent) to Generali U.S. Branch.

The Generali U.S. Branch is an underwriter for  Generali Global Assistance .

Starr Indemnity & Liability Company, New York, NY

Starr Insurance Companies have evolved from the first US-owned insurance agency in Shanghai in 1919 to a global insurance and investment leader with over a century of expertise.

They provide comprehensive commercial property and casualty insurance, accident and health insurance, and travel and accident coverage to businesses in 124 countries on 6 continents. Solutions are tailored to the needs of the international markets they work in.

A.M. Best has given the rating of “A” (Excellent) to Starr Indemnity & Liability Company.

Starr Indemnity & Liability Company underwrites for  John Hancock Travel Insurance .  

Crum & Forster

Crum & Forster specializes in providing a diverse range of insurance solutions for property and casualty, accident and health, and other specialty industries.

Medicare Supplement Insurance Plans are underwritten by the United States Fire Insurance Company, C&F and Crum & Forster are registered trademarks of United States Fire Insurance Company.

The insurance companies within Crum & Forster are United States Fire Insurance Company. The North River Insurance Company, Crum & Forster Insurance Company, Crum & Forster Indemnity Company, Crum & Foster Specialty Insurance Company, Seneca Insurance Company, Inc., Seneca Specialty Insurance Company, First Mercury Insurance Company and American Underwriters Insurance Company.

A.M. Best has given the rating of “A” (Excellent) to Crum & Forster including United States Fire Insurance Company.

Crum & Forster currently underwrites for travel insurance companies like  CF Travel Insured International , which is a subsidiary of Crum & Forster, as well as Seven Corners and IMG under the United States Fire Insurance Company subsidiary label.

U.S. Specialty Insurance Company (USSIC)

U.S. Specialty Insurance Company (USSIC) is a subsidiary of Tokio Marine HCC, which is a leading specialty insurance group based in Houston, Texas.

A.M. Best has given the rating of “A++” (Superior) to U.S. Specialty Insurance.

USSIC underwrites for  WorldTrips .

Zurich American Insurance Company

Zurich is a leading multi-line insurer serving people and businesses in more than 200 countries and territories. Founded 150 years ago, Zurich offers a wide range of products and services, including Property & Casualty insurance, Life and Critical Illness insurance, Investment and Retirement Plans, General Liability insurance, and various other specialty products.

 A.M. Best has given the rating of “A+” (Superior) to Zurich American Insurance.

Zurich American underwrites for  GoReady Insurance .

As we’ve seen, underwriters play a critical role in travel insurance – by evaluating and managing the risk associated with insuring travelers, and ensuring the policy provides adequate coverage for them. Therefore, knowing the stability and strength of the underwriter is important.

However, since most people don’t have significant expertise in evaluating an underwriter, how can a traveler determine the quality of a particular underwriter?

The easiest way is to evaluate the travel insurance company itself by reading reviews, checking with other travelers, and looking at their Better Business Bureau (BBB) rating. If the travel insurer is reputable, it’s very likely that their underwriter is honest and reputable too. Well-known, reputable insurers work with well-known and reputable underwriters such as the ones we highlighted above.

Safe travels!

This article has been written for review purposes only and does not suggest sponsorship or endorsement of AARDY by the trademark owner.

Recent AARDY Travel Insurance Customer Reviews

Excellent affordable options

Excellent affordable options. Used previously for vacation rental but didn’t need to make a claim. Hoping for the same this trip also.

Satisfied Customer

Excellent prices.

It was pretty easy to find the coverage I was looking for, with a choice of several companies to compare. The best thing is Travel Defenders seem to have the best prices. I certainly couldn't find any site with lower costs.

Fast and very clear

• Credit cards
• View all credit cards
• Banking guide
• Loans guide
• Insurance guide
• Personal finance
• View all personal finance
• Small business
• Small business guide
• View all taxes

11 Best Travel Insurance Companies in April 2024

Many or all of the products featured here are from our partners who compensate us. This influences which products we write about and where and how the product appears on a page. However, this does not influence our evaluations. Our opinions are our own. Here is a list of our partners and here's how we make money .

If the past few years have shown us anything, it’s that travelers need to be prepared for the unexpected — from a pandemic to flight troubles to the crowded airport terminals so many of us have encountered.

Whether you’re looking for an international travel insurance plan, emergency medical care or a policy that includes extreme sports, these are the best travel insurance providers to get you covered.

How we found the best travel insurance

We looked at quotes from various companies for a 10-day trip to Mexico in September 2024. The traveler was a 55-year-old woman from Florida who spent $3,000 total on the trip, including airfare.

On average, the price of each company’s most basic coverage plan was $126.53. The costs displayed below do not include optional add-ons, such as Cancel For Any Reason coverage or pre-existing medical condition coverage.

Read our full analysis about the average cost of travel insurance so you can budget better for your next trip.

However, depending on the plan, you may be able to customize at an added cost.

As we continue to evaluate more travel insurance companies and receive fresh market data, this collection of best travel insurance companies is likely to change. See our full methodology for more details.

Best insurance companies

Types of travel insurance

What does travel insurance cover, what’s not covered, how much does it cost, do i need travel insurance, how to choose the best travel insurance policy, what are the top travel destinations in 2024, more resources for travel insurance shoppers, top credit cards with travel insurance, methodology, best travel insurance overall: berkshire hathaway travel protection.

Berkshire Hathaway Travel Protection

• ExactCare Value (basic) plan is among the least expensive we surveyed.
• Speciality plans available for road trips, luxury travel, adventure activities, flights and cruises.
• Company may reimburse claimants faster than average, including possible same-day compensation.
• Multiple "Trip Delay" coverage types might make claims confusing.
• Cheapest plan only includes fixed amounts for its coverage.

Under the direction of chair and CEO Warren Buffett, Berkshire Hathaway Travel Protection has been around since 2014. Its plans provide numerous opportunities for travelers to customize coverage to their needs.

At $135 for our sample trip, the ExactCare Value (basic) plan from Berkshire Hathaway Travel Protection offers protection roughly $10 above the average price.

Want something cheaper? Air travelers looking for inexpensive, less comprehensive protections might opt for a basic AirCare plan that includes fixed amounts for its coverage .

Read our full review of Berkshire Hathaway .

What else makes Berkshire Hathaway Travel Protection great:

Pre-existing medical condition exclusion waivers available at no extra cost.

Plans available for travelers going on a cruise, participating in extreme sports or taking a luxury trip.

ExactCare Value (basic) plan was among the least expensive we surveyed.

Best for emergency medical coverage: Allianz Global Assistance

Annual or single-trip policies are available.

• Multiple types of insurance available.
• All plans include access to a 24/7 assistance hotline.
• More expensive than average.
• CFAR upgrades are not available.
• Rental car protection is only available by adding the One Trip Rental Car protector to your plan or by purchasing a standalone rental car plan.

Allianz Global Assistance is a reputable travel insurance company offering plans for over 25 years. Customers can choose from a variety of single and annual policies to fit their needs. On top of comprehensive coverage, some travelers might opt for the more affordable OneTrip Cancellation Plus, which is geared toward domestic travelers looking for trip protections but don’t need post-departure benefits like emergency medical or baggage lost.

For our test trip, Allianz Global Assistance’s basic coverage cost $149, about $22 above average.

What else makes Allianz Global Assistance great:

Annual and single-trip plans.

Plans are available for international and domestic trips.

Stand-alone and add-on rental car damage product available.

Read our full review of Allianz Global Assistance .

Best for travelers with pre-existing medical conditions: Travel Guard by AIG

Travel Guard by AIG

• Offers last-minute coverage.
• Pre-Existing Medical Conditions Exclusion Waiver available at all plan levels.
• Plan available for business travelers.
• Cancel For Any reason coverage only available for higher-level plans, and only reimburses up to 50% of the trip cost.
• Trip interruption coverage doesn't apply to trips paid for with points and miles.

Travel Guard by AIG offers a variety of plans and coverages to fit travelers’ needs. On top of more standard trip protections like trip cancellation, interruption, baggage and medical coverage, the Cancel For Any Reason upgrade is available on certain Travel Guard plans, which allows you to cancel a trip for any reason and get 50% of your nonrefundable deposit back as long as the trip is canceled at least two days before the scheduled departure date.

At $107 for our sample trip, the Essential plan was below average, saving roughly $20.

What else makes Travel Guard by AIG great:

Three comprehensive plans and a Pack N' Go plan for last-minute travelers who don't need cancellation benefits.

Flight protection, car rental, and medical evacuation coverage, as well as annual plans available.

Pre-existing medical conditions exclusion waiver available on all plan levels, as long as it's purchased within 15 days.

Read our full review of Travel Guard by AIG .

Best for those who pack expensive equipment: Travel Insured International

Travel Insured International

• Higher-level plan include optional add-ons for event tickets and for electronic equipment
• Rental car protection add-on for just $8 per day, even on lower-level plan.
• Many of the customizations are only available on the higher-tier plan.
• Coverage cost comes in above average in our latest analysis.

Travel Insured International offers several customization options. For instance, those going to see a show may want to add on event ticket registration fee protection. Traveling with expensive gear?Consider adding on coverage for electronic equipment for up to $2,000 in coverage.

Be sure to check which policies are available in your state. You will need to input your destination, residence, trip dates and the number of travelers to get a quote and see coverages.

What else makes Travel Insured International great:

Comprehensive plans include medical expense reimbursement accidents, sickness, evacuation and pre-existing conditions, depending on the plan.

Flight plans include coverage for missed and canceled flights and lost or stolen baggage.

Read our full review of Travel Insured International .

Best for adventurous travelers: World Nomads

World Nomads

• Travelers can extend coverage mid-trip.
• The standard plan covers up to $300,000 in emergency evacuation costs.
• Plans automatically cover 200+ adventurous activities.
• No Cancel For Any Reason upgrades are available.
• No pre-existing medical condition waivers are available.

Many travel insurance plans contain exclusions for adventure sports activities. If you plan to ski, bungee jump, windsurf or parasail, this might be a plan to consider.

Note that the Standard plan ($72 for our sample trip), while the most affordable, provides less coverage than other plans. But it can be a good choice for travelers who are satisfied with trip cancellation and interruption coverage of $2,500 or less, do not need rental car damage protection, find the limits to be sufficient and do not need coverage for certain more adventurous activities.

What else makes World Nomads great:

Comprehensive international travel insurance plans.

Coverage available for adventure activities, such as trekking, mountain biking and scuba diving.

Read our full review of World Nomads .

Best for medical coverage: Travelex Insurance Services

Travelex Insurance Services

• Top-tier plan doesn’t break the bank and provides more customization opportunities.
• Offers a plan specifically for domestic travel.
• Sells a post-departure medical coverage plan.
• Fewer customization opportunities on the Basic plan.
• Though perhaps a plus for domestic travelers, keep in mind the Travel America plan only covers domestic trips.

For starters, basic coverage from Travelex Insurance Services came in at $125, almost exactly average for our sample trip.

Travelex’s plans focus heavily on providing protections that are personalized to your travel style and trip type.

While the company does offer comprehensive plans that include medical benefits, you can also choose between cheaper plans that don’t provide cancellation coverage but do offer protections during your travels.

Read our full review of Travelex Insurance Services .

What else makes Travelex Insurance Services great:

Three comprehensive plans available, two of which cover international trips.

Offers a post-departure plan geared exclusively toward disruptions after you leave home.

Two flight insurance plans available.

Best if you have travel credit card coverage: Seven Corners

Seven Corners

• Annual, medical-only and backpacker plans are available.
• Cancel For Any Reason upgrade is available for the cheapest plan.
• Cheapest plan also features a much less costly Interruption for Any Reason add-on.
• Offers only one annual policy option.

Each Seven Corners plan offers several optional add-ons. Among the more unique is a Trip Interruption for Any Reason, which allows you to interrupt a trip 48 hours after the scheduled departure date (for any reason) and receive a refund of up to 75% of your unused nonrefundable deposits.

The basic coverage plan for our trip to Mexico costs $124 — right around the average.

What else makes Seven Corners great:

Comprehensive plans for U.S. residents and foreigners, including travelers visiting the U.S.

Cheap add-ons for rental car damage, sporting equipment rental or trip interruption for any reason.

Read our full review of Seven Corners .

Best for long-term travelers: IMG

• Coverage available for adventure travelers.
• Special medical insurance for ship captains and crew members, international students and missionaries.
• Claim approval can be lengthy.

While some travel insurance companies offer just a handful of plans, with IMG, you’ll really have your pick. Though this requires a bit more research, it allows you to search for coverage that fits your travel needs.

However, travelers will want to be aware that IMG’s iTravelInsured Travel Lite is expensive. Coming in at $149.85, it’s the costliest plan on our list.

Read our full review of IMG .

What else makes IMG great:

More affordable than average.

Many plans to choose from to fit your needs.

Best for travelers with unpredictable work demands: Tin Leg

• In addition Cancel For Any Reason, some plans offer cancel for work reason coverage.
• Adventure sports-specific coverage is available.
• Plans have overlap that can be hard to distinguish.
• Only one plan includes Rental Car Damage coverage available as an add-on.

Tin Leg’s Basic plan came in at $134 for our sample trip, adding about $8 onto the average basic policy cost. Note that you’ll pay a lot more if you shop for the most comprehensive coverage, and there are eight plans to choose from for trips abroad.

The multitude of plans can help you find coverage that fits your needs, but with so many to choose from, deciding can be daunting.

The only real way to figure out your ideal plan is to compare them all, look at the plan details and decide which features and coverage suit you and your travel style best.

Read our full Tin Leg review .

Best for booking travel with points and miles: TravelSafe

• Covers up to $300 redepositing points and miles on eligible canceled award flights.
• Optional add-on protection for business equipment or sports rentals.
• Multi-trip or year-long plans aren’t available.

Selecting your travel insurance plan with TravelSafe is a fairly straightforward process. The company’s website also makes it easy to visualize how optional add-on elements influence the total cost, displaying the final price as soon as you click the coverage.

However, at $136, the Basic plan was among the more expensive for our trip to Mexico.

What else makes TravelSafe great:

Rental car damage coverage add-on is available on both plans.

Cancel For Any Reason coverage available on the TravelSafe Classic plan.

Read our full TravelSafe review .

Best for group travel insurance: HTH Insurance

HTH Travel Insurance

• Covers travelers up to 95 years old.
• Includes direct pay option so members can avoid having to pay up front for services.
• A 24-hour delay is required for baggage delay coverage on the TripProtector Economy plan.
• No waivers for pre-existing conditions on the lower-level plan.

HTH offers single-trip and multitrip medical insurance coverage as well as trip protection plans.

At around $125, the Trip Protector Economy policy is at the average mark for plans we reviewed.

You can choose to insure group trips for educators, crew, religious missionaries and corporate travelers.

What else makes HTH Insurance great:

Medical-only coverage and trip protection coverage.

Lots of options for group travelers.

Read our full review of HTH Insurance .

As you shop for travel insurance, you’ll find many of the same coverage categories across numerous plans.

Trip cancellation

This covers the prepaid costs you make for your trip in cases when you need to cancel for a covered reason. This coverage helps you recoup upfront costs paid for flights and nonrefundable hotel reservations.

Trip interruption

Trip interruption benefits generally involve disruptions after you depart. It helps reimburse costs incurred for flight delays, cancellations and plenty of other covered disruptions you might encounter during your travels.

This coverage can cover the costs for you to return home or reimburse unexpected expenses like an extra hotel stay, meals and ground transportation.

Trip delay coverage helps cover unexpected costs when your trip is delayed. This is another coverage that helps offset the costs of flight trouble or other travel disruptions.

Note that many policies have a total amount a traveler can claim, with caps on per diem benefits, too.

Cancel For Any Reason

Cancel For Any Reason coverage allows you to recoup some of the upfront costs you paid for a trip even if you’re canceling for a reason not otherwise covered by your standard travel insurance policy.

Typically, adding this protection to your plan costs extra.

Baggage delay

This coverage helps cover the costs of essential items you might need when your luggage is delayed. Think toiletries, clothing and other immediate items you might need if your luggage didn’t make it on your flight.

Many travel insurance plans with baggage delay protection will specify how long (six, 12, 24 hours, etc.) your luggage must be delayed before you can make a claim.

Lost baggage

Used for travelers whose luggage is lost or stolen, this helps recoup the lost value of the items in your bag.

You’ll want to make sure you closely follow the correct procedures for your plan. Many plans include a maximum total amount you can claim under this coverage and a per-item cap.

Travel medical insurance

This covers out-of-pocket medical costs when travelers run into an emergency.

Because many travelers’ health insurance plans don’t cover medical care overseas, travel medical insurance can help offset out-of-pocket health care costs.

In addition to emergency medical coverage, many plans have medical evacuation or repatriation coverage for costs incurred when you must be taken to a hospital or return to your home country because of a medical situation.

Most travel insurance plans cover many trip protections that can help you be prepared for unexpected travel disruptions and expenses.

These coverages are generally aimed at protecting the money you put into your trip, expenses you incur because of travel trouble and costs incurred if you have a medical emergency overseas.

On top of core coverages like trip cancellation and interruption and travel medical coverage, some plans offer add-on options like waivers for pre-existing conditions, rental car collision damage waivers or adventure sports riders. These usually cost extra or must be added within a specified timeframe.

Typical travel insurance policies offer coverage for many unforeseen events, but as you research to select a plan, consider your needs. Though every plan differs, there are some commonly excluded coverages.

For instance, you typically can’t get coverage for a named storm if you bought the coverage after the storm was named. In other words, if you have a trip to the Caribbean booked for Sept. 25 and on Sept. 20 a hurricane develops and is named, you generally won’t be able to buy a travel insurance plan Sept. 21 in hopes of getting your money back.

Many plans also don’t cover activities performed under the influence of drugs or alcohol or any extreme sports. If the latter applies to you, you might want to consider a plan with specific coverages for adventure-seekers.

For numerous plans, a few other situations don’t qualify as an acceptable reason to cancel and make a claim, such as fear of travel, medical tourism or pregnancies (unless you booked a trip and bought insurance before you became pregnant or there are complications with the pregnancy). This is where a Cancel For Any Reason add-on to your coverage can be helpful.

You can also run into trouble if you give up on a trip too soon: a minor (or even multihour) flight delay likely isn’t sufficient to cancel your entire trip and get reimbursed through your plan. Be sure to review what requirements your specific plan has when it comes to canceling a trip, claiming trip interruption, etc.

Travel insurance costs vary widely. The final price of your plan will fluctuate based on your age, length of trip and destination.

It will also depend on how much coverage you need, whether you add on specialized policies (like Cancel For Any Reason or pre-existing conditions coverage), whether you plan to participate in extreme sports and other factors.

In our examples above, for instance, the 35-year-old traveler taking a $2,000 trip to Italy would have spent an average $76 for a basic plan to get coverage for things like trip cancellation and interruption, baggage protection, etc. That’s a little less than 4% of the total trip cost — lower than average.

If there were multiple members in a traveling party or if they were going on, say, a rock-climbing or bungee-jumping excursion, the costs would go up.

On average, travel insurance comes to about 5% to 10% of the trip cost. However, considering many of the plans reimburse up to 100% of the trip cost (or more) for disruptions like trip cancellation or interruption, it can be a worthwhile expense if something goes wrong.

It depends. Consider the following factors that might affect your decision: You’re young and healthy, all your bookings are refundable or cancelable without a penalty, your flights are nonstop, you’re not checking bags and a credit card you carry offers some travel protections . In that case, travel insurance might not be necessary.

On the other hand, if you prepaid a large chunk of money for a nonrefundable African safari, you’re going on a Caribbean cruise in the middle of a hurricane season or you’re going somewhere where the cost of health care is high, it’s not a bad idea to buy a travel insurance plan. Here’s how to find the best travel insurance coverage for you.

If you’re thinking of booking a trip and not planning to buy travel insurance, you may want to consider at least booking refundable airfare and not prepaying for hotel, rental car and activity reservations. That way, if something goes wrong, you can cancel without losing any money.

Selecting the best travel insurance policy comes down to your needs, concerns, preferences and budget.

As you book, take a few minutes to consider what most concerns you. Is it getting stranded because of flight trouble? Having the ability to cancel for any reason you see fit without losing money? Getting sick or injured right before departure and needing to postpone the trip? Injuring yourself or falling ill while overseas?

Ultimately, you want a plan that protects you, your money and the large investment in your trip — but doesn’t cost too much, either.

Medical coverage. If your priority is having adequate medical coverage abroad, you might want to look for plans with high limits for medical emergencies and medical evacuation.

Complex travel itinerary. If your itinerary has lots of flight connections, prepaid hotels and deposits for activities you can’t get back, prioritizing a plan with the best coverage for trip cancellations or interruptions may land at the top of your list.

Travel uncertainty. If you’re on the fence about a trip and have nonrefundable reservations, you may want to select a plan with a Cancel For Any Reason coverage option, which can help you recoup about 50% to 75% of the costs. This helps provide peace of mind, placing the decision on whether to travel entirely in your hands.

Car rentals. If you’re renting a car, a collision damage waiver is often worth looking into.

The following destinations are the top insured destinations in 2024, according to Squaremouth (a NerdWallet partner).

The Bahamas.

Costa Rica.

Antarctica.

In 2022, travelers spent about 25.53% more on trips than they did before the pandemic.

As of December, NerdWallet analysis determined travel prices are 10% higher than pre-pandemic. Each statistic makes a strong case for protecting your travel investment as you plan your next trip.

Bookmark these resources to help you make smart money moves as you shop for travel insurance.

What is travel insurance?

CFAR explained.

Is travel insurance worth getting?

10 credit cards that provide travel insurance.

Here is the list of travel cards offered by Chase that include various forms of travel insurance.

Having one of these in your wallet is a good start to protecting your travel investments and preventing expensive accidents; however, savvy travelers check card terms closely and sometimes supplement with a third-party policy, like from one of the companies above, to better protect themselves.

on Chase's website

• Trip delay: Up to $500 per ticket for delays more than 12 hours.

• Trip cancellation: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Trip interruption: Up to $10,000 per person and $20,000 per trip. Maximum benefit of $40,000 per 12-month period.

• Baggage delay: Up to $100 per day for five days.

• Lost luggage: Up to $3,000 per passenger.

• Trip delay: Up to $500 per ticket for delays more than 6 hours.

• Trip delay: Up to $500 per trip for delays more than 12 hours.

• Car rentals: Theft and collision damage for most cars in the U.S. and abroad.

• Trip cancellation: Up to $1,500 per person and $6,000 per trip.

• Trip interruption: Up to $1,500 per person and $6,000 per trip.

• Baggage delay: Up to $100 per day for three days.

We used the following factors to choose insurance providers to highlight:

Breadth of coverage: We looked at how many plans each company offered plus the range of their standard plans. 

Depth of coverage: We considered two data points to get a sense of how much each company pays out for common travel issues — the maximum caps for trip cancellation and trip interruption claims.

Cost: By looking at the costs for basic coverage across multiple companies, we determined an average cost for shoppers to benchmark plan prices against.

Customizability: While standard plans can cover a lot of ground, sometimes you need something a little more personal.

Customer satisfaction. Using data from Squaremouth when available, and Google Reviews as a backup, we can give kudos to companies with better track records from their clients.

No, it doesn’t necessarily get more expensive the longer you wait to purchase. However, as you put off buying insurance, you may lose access to potential plans and coverage options.

In general, buying travel insurance within a few days to two weeks of prepaying or making an initial deposit for your trip is your best bet. Assuming you’re not booking last-minute, this will provide you with access to the widest possible range of coverage options. It also helps prevent any medical conditions or storms that pop up between booking and buying a plan from ending up as excluded situations, which won’t be covered by your plan.

But, generally, many plans do allow you to buy coverage quite close to your departure date.

To get the most out of your travel insurance plan, buy it soon after making your initial prepayment or deposit to ensure you have access to the biggest menu of plans possible.

Select a plan that’s comprehensive enough to cover the travel scenarios you’re most concerned about or likely to encounter but not too expensive or laden with protections you’d never likely need.

Whatever your coverage, thoroughly review the plan so you understand what’s covered and what’s not, plus how to adhere to the plan’s rules for making a claim.

Travelers frequently use phrases like “trip insurance” and “travel insurance,” as well as “trip protection,” interchangeably, but they do mean different things, according to Stan Sandberg, founder of insurance comparison site TravelInsurance.com.

Trip insurance, or trip protection, generally refers to predeparture (or preevent) coverage if you need to cancel. You may see these plans sold by airlines, online travel agencies or even ticketed event sellers.

“You could refer to it as the portion that protects the investment in the trip,” Sandberg says.

A travel insurance plan typically includes that — plus more comprehensive benefits to protect you during your trip, from medical coverage to trip delay and lost baggage protections, and many more elements, depending on the plan.

Though travel insurance is typically not required for international trips, your personal circumstances will play a key role in whether it’s a good investment.

For instance, young, healthy travelers with few prepaid trip expenses embarking on a relatively risk-free trip may not see a need to buy a plan.

Older travelers with complicated itineraries who are visiting destinations where they could potentially fall ill or get injured — or who could encounter bad weather or some other disrupting factor along the way — may want to buy coverage.

Consider a few key questions:

How well would your health insurance plan cover you if you needed to visit a hospital overseas?

How much did you prepay for a hotel or rental car?

How much money would you be out if weather or some other flight issue derailed your itinerary?

Could you afford an unexpected night in a city where you have a connecting flight?

Do you already have a credit card that provides some travel protections?

Your answers to these questions can help you decide whether you need travel insurance for your international trip.

In general, buying travel insurance

within a few days to two weeks of prepaying or making an initial deposit

for your trip is your best bet. Assuming you’re not booking last-minute, this will provide you with access to the widest possible range of coverage options. It also helps prevent any medical conditions or storms that pop up between booking and buying a plan from ending up as excluded situations, which won’t be covered by your plan.

How to maximize your rewards

You want a travel credit card that prioritizes what’s important to you. Here are our picks for the best travel credit cards of 2024 , including those best for:

Flexibility, point transfers and a large bonus: Chase Sapphire Preferred® Card

No annual fee: Bank of America® Travel Rewards credit card

Flat-rate travel rewards: Capital One Venture Rewards Credit Card

Bonus travel rewards and high-end perks: Chase Sapphire Reserve®

Luxury perks: The Platinum Card® from American Express

Business travelers: Ink Business Preferred® Credit Card

On a similar note...

• United States
• United Kingdom

Lloyd’s Travel Insurance

Lloyd's travel insurance review.

In this guide

Compare your travel insurance quotes

Who is lloyd’s, lloyd’s travel insurance australia, what australian travel insurance brands are underwritten by lloyd’s.

Destinations

Travel insurance was once seen as an unnecessary expense, providing little more than an extra cost when you’ve already spent thousands paying for a highly anticipated holiday. But in recent years, an increasing number of Australian travellers have become aware of the myriad benefits that travel insurance provides.

There is always potential for unexpected circumstances or events to lay waste to your holiday plans. Airlines can lose your baggage, flights can get delayed, thieves can steal your wallet and travel documents, accidents can and do happen, and unexpected illnesses can strike at any time. Without travel insurance, events such as these can put a huge dent in your finances and cause you a whole lot of stress.

However, if you take out travel insurance cover before you travel you have the financial protection you need to guarantee that unforeseen events won’t ruin your holiday. Travel insurance protects you against a host of common travel risks and gives you much-needed peace of mind when you’re out exploring the world.

Lloyd’s is a market where members form syndicates to provide insurance coverage. It underwrites a wide range of insurance policies to customers around the world, including competitive travel insurance policies.

Use a comma or space to separate ages. Add kids under the age of 1 by typing a “0” 0 traveller(s)

Include travel deals and helpful personal finance content from Finder

By submitting this form, you agree to our Privacy & Cookies Policy and Terms of Service

Also known as Lloyd’s of London, Lloyd’s is an insurance market based in London’s financial district. The market has a remarkable history, being able to trace its roots back to traders looking for ship and cargo insurance in 17th-century London. Edward Lloyd’s coffeehouse became known as the best place to go if you were looking for such forms of insurance, and Lloyd’s soon grew from those humble beginnings.

As one of the oldest and most respected names in the insurance business, Lloyd’s is a marketplace where members pool their resources to insure against a range of risks. The risks Lloyd’s provide cover for are grouped into seven main categories: casualty, property, marine, energy, motor, aviation and reinsurance.

Under the Australian Insurance Act 1973, Lloyd’s is licensed to write insurance and reinsurance in Australia. It has been insuring Australian risks for more than 150 years and its 2013 Gross Written Premiums total of $2 billion made it the fifth largest non-life insurer in the country. As this is not an insurance company, it can only issue policies through insurance brokers.

Lloyd’s Australia Ltd was opened in 1998 and is based in Sydney. The 2011/12 Australian Risk Survey published by Aon Australia showed that Lloyd’s was the most respected insurer for large corporates over $1 billion, while it also has a strong presence in the SME market.

If you’re looking for travel insurance for your next trip, you may be surprised to find that four companies offer policies that are underwritten by Lloyd’s. These companies are:

Columbus Direct.

• Columbus Direct was founded in the United Kingdom in 1988 and has the distinction of being one of the first companies to offer travel insurance direct to consumers. This served to cut insurance brokers out of the process and helped save customers a significant amount of money. As well as the UK, Columbus Direct also has Australian and South African offices and has provided essential financial protection for more than 15 million customers. The company opened in Australia in 2001 and has won a host of awards recognising the quality and value of its travel insurance products. Customers can choose from Single Trip cover, Annual Multi-Trip Cover, or Ski Travel Insurance. Standard and Premier cover options are available to suit the needs and finances of a range of travellers. Customers who take out Columbus Direct travel insurance have access to a 24/7 worldwide emergency medical assistance helpline. Policies provide cover for a host of common travel risks. It’s quick to apply for and take out cover online and policies are available for people up to the age of 84. Columbus also allows you to take out cover for individuals, couples or the whole family. You can also take advantage of discounts for insuring more than one person.

Find out more about Columbus Direct Travel Insurance

Insure4Less

• This Australian-owned company is quickly developing a reputation for offering high-quality and affordable travel insurance cover. Policies from Insure4Less are designed to be simple and straightforward to understand, enabling customers to choose the right policy for their needs as quickly as possible. The application process is quick and easy thanks to the online process and the clear policy wording. This simple approach to insurance has seen Insure4Less provide cover for more than two million travellers. The company also provides a 14-day money-back guarantee if you change your mind. Customers with this company have three cover levels to choose from: Essentials, Excel and Excel Plus. These policies are designed to meet the needs and budgets of a wide range of travellers. Insure4Less also offers a range of flexible features on its policies including cover for acts of terrorism, free cover for working overseas, and the ability to extend your cover while you are overseas. As a final benefit, the company guarantees that all valid claims will be paid within 10 working days.

Travel Insuranz

• Travel Insuranz is a 100% online company, which allows it to save money on overheads and offer more affordable policies to its customers. In fact, the company’s travel insurance premiums start from less than $1 a day. Travel Insuranz is fully Australian owned and offers customers the peace of mind that comes with knowing its policies are backed by the financial strength of Lloyd’s. The company has provided essential financial protection for more than two million travellers and has paid out more than $30 million in claims. A 14-day money back guarantee is offered for customers who change their mind. Travel Insuranz also promises that all claims which are valid and fully documented will be paid within 10 working days. All policies include 24/7 medical assistance. Customers can choose from a Classic, Premier or Deluxe insurance plan to suit their needs and budget. Cover is also available for student travellers and for those planning multiple trips.

Travel Insurance Direct

• Travel Insurance Direct is another company that is 100% Australian owned. The company has insured more than one million Australians and prides itself on offering excellent and friendly customer service. Travel Insurance Direct customers can choose to take out a Single policy or a Family policy. Each of these policies provides unlimited cover for medical, hospital and ambulance costs you incur whilst overseas. The list of benefits offered on the company’s policies is quite extensive and includes the loss or damage of luggage and personal effects, travel delay, cancellation costs, additional expenses, medical evacuation, theft of cash, the theft or damage of credit cards and important travel documents, luggage delays, resuming your trip, personal liability and rental vehicle excess cover. Accidental death and total and permanent disability benefits are also offered, and those planning a skiing holiday can apply for optional snow sports cover as well.

Jessica Prasida

Jessica Prasida is a travel insurance expert for Finder. She lives and breathes travel, having worked as a travel agent and branch manager at STA Travel for over 4 years, then writing about travel insurance with Finder for another 5 years. Jess has a Bachelor of Business from the University of Technology, Sydney and a Tier 1 General Insurance qualification.

More guides on Finder

If the next Bitcoin bull run is about to start, what price can we realistically expect Bitcoin to reach?

Save up to $139 a year by using a 0% balance transfer credit card.

Find all the weekly tips from our Dollar Saver newsletter and see how you could save.

This supermarket gift card hack can earn you points while you buy a new phone.

The NAB Rewards Platinum offers up to 80,000 bonus NAB Rewards Points, a reduced first-year annual fee and other perks.

Grocery bills are a major source of stress for 2 in 5 Australians.

See if you can correctly guess the price of Bitcoin (BTC) each week and check back on Monday to see the results.

Simplify Used Car Loan.

Simplify New Car Loan.

Millions of Australians have had their credit or debit card skimmed in the last year, according to new research by Finder.

Ask a Question

Click here to cancel reply.

You are about to post a question on finder.com.au:

• Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
• finder.com.au is a financial comparison and information service, not a bank or product provider
• We cannot provide you with personal advice or recommendations
• Your answer might already be waiting – check previous questions below to see if yours has already been asked

How likely would you be to recommend finder to a friend or colleague?

Our goal is to create the best possible product, and your thoughts, ideas and suggestions play a major role in helping us identify opportunities to improve.

Important information about this website

Advertiser disclosure.

finder.com.au is one of Australia's leading comparison websites. We are committed to our readers and stands by our editorial principles

We try to take an open and transparent approach and provide a broad-based comparison service. However, you should be aware that while we are an independently owned service, our comparison service does not include all providers or all products available in the market.

Some product issuers may provide products or offer services through multiple brands, associated companies or different labeling arrangements. This can make it difficult for consumers to compare alternatives or identify the companies behind the products. However, we aim to provide information to enable consumers to understand these issues.

How we make money

We make money by featuring products on our site. Compensation received from the providers featured on our site can influence which products we write about as well as where and how products appear on our page, but the order or placement of these products does not influence our assessment or opinions of them, nor is it an endorsement or recommendation for them.

Products marked as 'Top Pick', 'Promoted' or 'Advertisement' are prominently displayed either as a result of a commercial advertising arrangement or to highlight a particular product, provider or feature. Finder may receive remuneration from the Provider if you click on the related link, purchase or enquire about the product. Finder's decision to show a 'promoted' product is neither a recommendation that the product is appropriate for you nor an indication that the product is the best in its category. We encourage you to use the tools and information we provide to compare your options.

Where our site links to particular products or displays 'Go to site' buttons, we may receive a commission, referral fee or payment when you click on those buttons or apply for a product. You can learn more about how we make money .

Sorting and Ranking Products

When products are grouped in a table or list, the order in which they are initially sorted may be influenced by a range of factors including price, fees and discounts; commercial partnerships; product features; and brand popularity. We provide tools so you can sort and filter these lists to highlight features that matter to you.

Terms of Service and Privacy Policy

Please read our website terms of use and privacy policy for more information about our services and our approach to privacy.

Jump to navigation

CLICK HERE TO SIGN UP FOR OUR FREE BI-WEEKLY NEWSLETTER

Aviva and TSB extend home and travel partnership until 2028

Five-year partnership for home insurance and travel insurance renewed to August 2028

Insurance cover available via digital channels, telephony and through the TSB UK branch network

Aviva has announced that it has agreed with TSB to extend their partnership to offer home and travel insurance to TSB’s five million UK-based customers.

The agreement follows a competitive tender process and reflects the success of Aviva and TSB’s existing partnership, announced in 2015.

The renewed partnership will run to August 2028. It supports both Aviva’s and TSB’s simplification and digitisation strategies. It also reinforces Aviva’s strong distribution relationships and maintains the insurer’s number one position in the UK bancassurance market.

Jon Marsh, Managing Director, Partnerships, Aviva, said: “I am delighted that we have renewed our partnership with TSB, which builds on our successful seven-year partnership. This extension underlines our joint, ongoing commitment to provide quality, affordable insurance solutions to help TSB customers protect their homes and enjoy their holidays.

“Extending this important partnership with TSB supports our strategy of continuing to lead in UK bancassurance and highlights the quality of Aviva’s offering in this area.”

Ian Ramsden, Director of Customer Borrowing and Insurance, TSB, said: “This partnership has already delivered flexible products and peace of mind for TSB customers for seven years. I am pleased that our customers will continue to benefit from our partnership with Aviva.”

Authored by Aviva

About Aviva

Aviva Insurance Limited is one of the UK’s leading insurance companies, part of the Aviva group with 34 million customers Worldwide. Aviva Insurance has been in the insurance business for more than 300 years.

In UK commercial, the insurance market remains challenging for insurance brokers and customers, due to the ongoing economic conditions. Aviva Insurance are focusing on improving our processes to ensure Aviva provide commercial customers with insurance cover at an acceptable price. Insurance brokers also recognised our excellent customer service by voting us Insurance Times General Insurer of the Year in 2012, for the second year running. youTalk-insurance sharing Aviva insurance news and video.

Aviva 2023 full year results video featuring Group CEO Dame Amanda Blanc

• Privacy policy
• Terms & Conditions
• Cookie Policy

Protection for when the unexpected happens. We partner with Tower for General Insurance (house, contents, car, boat and landlord), and Chubb Life for life and living insurance, so you can make sure you’re protected for when the unexpected happens. Choose from one of the insurance options below or call us for more information.

House, Contents, Motor, Boat & Landlord

0800 100 162 (TOWER)

Life & Living

0800 244 467 (Chubb Life)

Tailored Loan

0800 500 108 (AIA)

Don't forget to read this bit

Tower Limited Quote to Buy tool has been developed and is operated by Tower Limited. Once you enter the Tower Limited Quote to Buy tool, you will be a Tower Limited customer for the purposes of General Insurance. By using this Tower Limited tool, you agree to Tower Limited Terms and Conditions .

Tower Limited underwrites all contracts of house, contents, motor, boat and landlord cover, and the contracts of insurance are between you and Tower Limited. TSB Bank Limited receives a commission from the sale of insurance policies sold by Tower when referred by TSB. TSB does not guarantee these insurance products marketed on behalf of Tower and is not liable if the insurer declines to pay a claim. Any claims issues are between the insured person(s) and Tower Limited or any involved third party.

Full terms, conditions and exclusions are available in the Policy Wording . Tower’s credit rating can be viewed here .

Chubb Life Insurance New Zealand Limited (Chubb Life) underwrites all contracts under the Assurance Extra product suite, and the contracts of insurance are between you and Chubb Life. TSB Bank Limited receives a commission from the sale of insurance policies sold by Chubb Life when referred by TSB. TSB does not guarantee these insurance products marketed on behalf of Chubb Life and is not liable if the insurer declines to pay a claim. Any claims issues are between the insured person(s) and Chubb Life or any involved third party.

Full terms, conditions and exclusions are available in the Policy Wording . Chubb Life’s credit rating can be viewed here .

TSB does not give financial advice online for insurance and is not engaged by either Tower or Chubb Life to provide any financial advice in respect of the insurance products we refer to.