Cheep Insurance policies are underwritten by ACE European Group Ltd, which is authorized and regulated by the Financial Services Authority (FSA). Founded in 1985, the company is one of the largest insurance and reinsurance service providers in the world, with operations in over 50 countries.
Backpacker Cheep Insurance is ideal for adventure freaks, gap year travelers and students. Key details of the backpacker Cheep Insurance policy cover are:
Unlimited medical benefits, after an excess of £75
Up to £1million cover against hazardous activities or extreme activities as mentioned in the policy document
Up to £2,000 cover against trip cancellation or curtailment
£1,000 personal property cover, with a limit of £150 on each lost item
Personal liability cover of £2 million
Unlimited emergency medical and safety information assistance
Cheep Insurance offers European single, European worldwide and annual holiday travel insurance policies. The key features of the policy:
Unlimited medical benefits, without any excess amount
Up to £3,000 cover against trip cancellation, curtailment or rearrangement
£1,000 personal property cover, with a limit of £150 on each lost item
Travel delay benefits, which comes into effect after 12 hours of delay
Personal liability cover of £2 million
Unlimited emergency medical and safety information assistance
Covers loss of passport or driving license
Legal advice cover of up to £25,000
ACE emergency assistance services
One can purchase winter sports cover with all the standard cheep insurance policies. This covers hospitalization and emergency medical expenses, as well as loss or damage to winter sports equipment.
Cheep Insurance offers specific travel insurance for senior citizens between the ages of 65 and 75, and for business trips. To ensure a customer-friendly claim procedure, the company runs a dedicated claim helpline service and provides online assistance.