Header: Press Releases
 

Date issued: 30 Nov 2005

NATIONWIDE INTRODUCES ANNUAL TRAVEL INSURANCE FOR THE 65S AND OVER

Nationwide Building Society is delighted to announce the re-introduction of a travel insurance product for the 65s and over. From Thursday 1 December, annual travel cover will be added to the range that already includes single trip policies for this age group.

The product is simple to understand and easy to obtain. The key features of the product are as follows:

  • Cover for holidays up to 31 days in length in Europe
  • Cover for holidays in the UK
  • Up to £10 million benefit for hospital expenses
  • £25,000 for death through personal accident benefit
  • One phone call is all that’s required to arrange cover: 0500 30 20 16
  • Cover for loss or theft of personal possessions and cancellation or curtailment of holiday

Nationwide’s executive director, Stuart Bernau says: "In recent years it has become increasingly difficult for the 65s and over to arrange affordable annual travel insurance. This is a very important group of customers for Nationwide and we are delighted to be able to offer a product that meets their needs. Having launched Monthly Income 65+ in the summer, we are committed to providing products for this age group and hope our existing and new members will be pleased with this product development.

"It is really important that people have adequate holiday insurance. No-one expects to fall ill, have an accident or have personal possessions go astray or be stolen but, unfortunately, holidays don’t always go as expected; therefore it’s vital holidaymakers travel with adequate protection."

Notes to editors:

Travel insurance premiums:

  • Individual from: £95
  • Couple from: £168

Conditions of use:

  • Travel insurance covers all holidays Europe-wide
  • Holidays within the UK are covered provided the stay is for two days or more and at booked accommodation
  • Holidays up to 31 days in length are covered
  • Holiday insurance is obtained by calling: 0500 30 20 16
  • Winter sports are not included
  • Medical screening applies