Ryanair has launched its OWN annual unlimited travel insurance

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The low budget Irish airline is donation travel insurance alongside its cheap fares. 

European insurance provider Europ Succour is partnering with Ryanair to launch the service. 

Customers will have in the offing access to travel insurance on unlimited trips during the year, with up to 28 primes cover for each. 

The move is targeting Ryanair’s 119 million fellows, to make the airline the “Amazon of travel”. 

Ryanair’s Director of Ancillary Gain, Greg O’Gorman, said: “As we continue to grow our annual traffic to 130 million travellers in the next 12 months, our customers have expressed an increasing necessity for annual travel insurance cover, so we’re pleased to launch this new multi-trip surety service on the Ryanair.com website.

“We’ve partnered with Europ Assistance, a show market leader with a solid financial standing and reputation, to stock up a comprehensive and competitive annual travel insurance product and support mending, at the same great low prices Ryanair customers have come to want.”

The launch follows initiatives like Ryanair Car Hire, Ryanair Resides and Ryanair Holidays, as part of the the airline’s “Always Getting Better” broadcast. 

Run by Ryanair Labs, the programme includes a personalised website and mobile app.

Still, despite this impressive growth in sales, profits fell by eight per cent to €95 million (£82 million).

Ryanair’s CEO Michael O’Leary broadcasts this decrease largely down to the weakening pound in the wake of the UK’s resolution to leave the EU.

He said: “As previously guided, our fares this winter own fallen sharply as Ryanair continues to grow traffic and load ingredients strongly in many European markets. 

“These falling yields were exacerbated by the acidulous decline in sterling following the Brexit vote.

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