Top ten places to visit in 2018
Get off the beaten track or soak up city culture with a trip to one of these must-visit destinations.Read the article
Wise words from independent financial experts
Editor of Delayed Gratification and independent journalist. Marcus has appeared on Radio 4 and Sky News.Meet all the mentors
Life is one big adventure, but you might not know all the words you’ll hear along the way. Below you’ll find a few of the more technical terms to do with travel. We hope it’ll come in handy whichever path you choose.
- Annual multi-trip insurance
Oh hi frequent travellers. This is travel insurance that covers you for a whole year but may have restrictions on how many days you can be away at a time.
- ATOL protected
The Air Travel Organisers Licence (ATOL) protects you from losing your money or being stranded abroad if your holiday company goes out of business while you are away. Travel firms selling air holiday packages must have an ATOL and must issue a certificate to you to prove that protection is in place.
An amount you have to pay towards your loss when making a claim.
- Multi-trip policy
See annual multi-trip insurance above. It’s the same.
- Pre-existing medical condition
Any medical and/or underlying health conditions which you know about prior to taking out insurance. These must be declared, or you may not be covered. And annual policy holders should also declare conditions after they have bought their policy, if their health changes.
- Single trip insurance
The pay as you go of travel insurance. It gives you travel insurance for one holiday or trip.
Before making financial decisions always do research, or talk to a financial adviser. Views are those of our mentors and customers and do not constitute financial advice.