Coverwise

Coverwise, travel insurance for single trips and annual cover

Coverwise is an entity that sells travel insurance in the United Kingdom, with an offering that includes single trip policies, annual multi-trip policies and winter sports options. The company presents itself as experienced in providing comprehensive cover at a good price, with premiums that in the material reviewed start from £3.60 for a single trip and £10.95 for the annual option, calculated for an individual traveller aged between 26 and 30.

Products and cover

Coverwise's range is organised into three main blocks: single trip travel insurance, annual multi-trip insurance and ski insurance. The policies cover cancellation costs, medical and repatriation expenses, baggage and money, and include a medical helpline available 24 hours a day. Policies can be purchased online or through a UK-based call centre.

The company also offers policies that cover a wide range of pre-existing medical conditions, with a reference price of £15.00 in the material analysed. The Silver Plus, Gold and Platinum levels of cover have achieved Defaqto's highest 5 Star Rating, according to the company's own information.

Destinations and purchasing options

The policies are sold for different geographical areas: United Kingdom, Europe, Australia and New Zealand, and worldwide cover with or without including the USA, Canada, the Caribbean and Mexico. Purchasing is structured by type of traveller: individual, couple, family, single-parent family and group of up to nine people. Under annual multi-trip policies, both the adult and the named children can travel independently, provided parental permission has been granted.

Policy management and customer service

Coverwise allows routine tasks to be carried out online, such as resending policy documents, correcting traveller details, amending cover or updating medical details. For enquiries, the company has a sales and customer service team available by phone from Monday to Friday 9am to 6pm, Saturday 9am to 2pm and closed on Sunday. Bank holiday and festive opening hours may vary.

Corporate structure and regulation

The insurance is underwritten by AWP P&C S.A., acting through its UK Branch, which is authorised and regulated by the Autorité de Contrôle Prudentiel et de Résolution in France, authorised by the Prudential Regulation Authority, and subject to regulation by the Financial Conduct Authority (FRN 534384) and limited regulation by the Prudential Regulation Authority. The insurance is administered by AWP Assistance UK Ltd, trading as Allianz, which is authorised and regulated by the Financial Conduct Authority (FRN 311909). The insurance is arranged by Coverwise Limited, which is licensed and regulated by the Gibraltar Financial Services Commission and trades into the UK on a freedom of services basis (Financial Conduct Authority FRN 533101).

Location and contact

Phone: 01903 255 650