The insurance policy includes Covid-19 cover as standard. This cover will offer payouts for cancellation if you fall ill with Covid-19 before the trip, medical claims while travelling, and curtailment of your trip should a close relative fall ill with the virus. 

Cover is available at three different tiers, ranging from the basic Bronze policy through to the top level Gold cover. The latter cover includes additional features like allowing travellers to speak to a doctor online during the trip.

Travellers can also tailor their policy with a range of add-ons, including things like gadget protection and winter sports cover, while it can be purchased on a single or annual trip basis.

Tesco Bank already offers a range of different forms of insurance, including pet, home and car.

The travel policy comes with the added bonus of allowing Clubcard members to collect loyalty points when they take out a policy. Members pick up one point for every £1 spent on the scheme.

Mark Airey, insurance commercial director at Tesco Bank, said: “We appreciate that the immediate outlook for travel remains uncertain, however the need for travel insurance is greater than ever – whether holidaying in the UK or abroad.  Offering Covid-19 protection as standard helps to give customers peace of mind they are protected should they test positive, and they have to cancel or cut short their trip.”

What cover do I need?

Putting travel insurance in place is incredibly important no matter what sort of trip you have in mind, whether you’re heading abroad or remaining in the UK on a staycation.

However, travellers have been warned that they need to look in depth at policies before taking out cover, since there are such varying levels of cover provided, particularly when it comes to Covid-19. A recent study by Defaqto found that while almost all offer some sort of Covid cover should travellers fall ill on their trip, only a minority offer protection if the policyholder falls ill before the trip itself, potentially meaning the traveller has to foot the entire bill. 

However, there remain serious doubts about whether Brits will be able to head overseas at all this summer. The foreign travel ban may be extended following increasing case numbers on the continent.

In addition, those breaking the rules and leaving the country before the government opens up travel again risk being hit with a £5,000 fine thanks to new legislation being voted on this week.