Independent financial research company Defaqto has found that just half of all annual trip travel insurance policies will cover children named under the policy if they travel independently of their parents.With the summer holiday season approaching, many younger people who are classed as children under their family’s annual travel insurance policy may be planning holidays without their family or to travel alone to meet up with family. Although they may be named as an ‘insured person’ under their family’s annual travel insurance policy, the company's research has found that only half of the policies on the market would cover a child in these circumstances.
The research also found that a number of these policies have certain restrictions in place that limit when they will cover a child travelling alone. For example, some policies state that a child must be accompanied by a relative, guardian or person with a legal duty of care, such as a school teacher if on a school trip in order to be covered under their family’s policy. In addition, 43% of policies provide cover for insured adults that travel independently while 7% of policies do not allow for independent travel at all.
The company's insight analyst for general insurance, Mike Powell, said: “As we approach the summer holiday period, many families will no doubt be looking forward to a vacation either in the UK or abroad. Although in many cases families will travel together, there are likely to be many children, and indeed adults, that are planning to either travel without their families or meet up with their families at a later point. While many providers state that all people named within an annual trip policy are covered to travel independently of each other, there are certain restrictions, particularly for children. Therefore, if you or your children are planning to travel independently, it is essential to check the policy wording to ensure that the cover meets your needs and, if there is any doubt, to speak to your provider.”