Travel and adventureTravel and adventure

Jargon buster

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.

Excess

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.

Useful links

Everyone needs help from time to time and so you may find these links handy.

Money Advice Service
Help with travel money and choosing the best way to send money abroad.

GOV.UK
Foreign travel advice for over 200 worldwide destinations.